Blog

The City of Auburn has formed a separate corporation to operate the water system for the city. This corporation is best described as what type of corporation?

The process by which a buyer reviews the corporate documents, financial statements, material contracts, etc. of a potential seller to determine if the buyer wants to proceed with the transaction is known as

An offer that an acquirer makes directly to a target corporation’s shareholders, in an effort to acquire the target corporation, is known as

What is the result if these friends take no action to incorporate, but Kate uses the additional capital made available by her friends to expand the business and then the four of them share the profits? Will all four be personally liable for the debts and obligations of the business?

A transaction in which one corporation is absorbed into another corporation and ceases to exist is a

Which of the following would be considered a proper agent’s signature in a fully disclosed agency?

Since Hallmark, Inc. is a closely held corporation, its securities are not traded on organized securities markets (e.g. NYSE or NASDAQ).

A corporation that operates in a state other that the state in which it is incorporated is a

An executive employee of a corporation who makes a profit by personally purchasing shares of the corporation prior to public release of favorable information is in violation of which provision of the Securities Exchange Act of 1934?

A transaction in which one corporation is absorbed into another corporation and ceases to exist is a