Ask Question
BusinessBusiness
26 July, 07:40

Today most state corporate statutes are at least partially based on the. A corporation is an artificial being, existing only in law and neither tangible nor visible. Owners of corporations may be natural persons or other businesses.

+4
Answers (1)
  1. 26 July, 07:57
    0
    The correct word for the blank space is: Revised Model Business Corporation Act.

    Explanation:

    The United States corporate laws are regulated by the Model Business Corporation Act (MBCA). The Act was born as a need for disambiguation of liabilities incurred by corporations where it was not clear if owners were personally liable for debts of the organization. Nowadays, the Revised Model Business Corporation Act (RMBCA) rules that concept and adopted some other features to bring clarity when it comes to corporate obligations.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Today most state corporate statutes are at least partially based on the. A corporation is an artificial being, existing only in law and ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
When should a writer establish common ground before the bottom line statement?
Answers (1)
One result in the u. s. of the sarbanes-oxley act is that
Answers (1)
Classify each of the following based on the macroeconomic definitions of saving and investment. A. Ginny buys new bulldozers for her construction firm. B. Eric purchases a certificate of deposit at his bank. C.
Answers (1)
To have demand, what must you have a) a desire for the item. b) the ability to pay for the item. c) the desire and the ability to pay for the item. d) a basic need and a constant supply of the item.
Answers (1)
which one of the following is an example of systematic risk? A. the price of lumber declines sharply B. AA pilots go on strike C. the Federal Reserve increases interest rates D. a hurricane hits a tourist destination in Tampa E.
Answers (2)
New Questions in Business
Coronado Shoes Fool Inc. is involved in litigation regarding a faulty product sold in a prior year. The company has consulted with its attorney and determined that it is possible that they may lose the case.
Answers (1)
Suppose during 2014 that Federal Express reported the following information (in millions) : net sales of $35,497 and net income of $98.
Answers (2)
During a certain four-year period, the consumer price index (CPI) increased by 30%, but during the next four-year period, it increased by only 10%. Which of these conditions must have existed during the second four-year period? A. Deflation B.
Answers (2)
Flagstaff Company has budgeted production units of 7,900 for July and 8,100 for August. The direct materials requirement per unit is 2 ounces (oz.).
Answers (1)
Name and describe the four basic types of fees and cost a franchise owner must pay
Answers (1)
Home » Business » Today most state corporate statutes are at least partially based on the. A corporation is an artificial being, existing only in law and neither tangible nor visible. Owners of corporations may be natural persons or other businesses.
Sign Up Forgot Password?