Business Middle School

Marking brainliest! What is an example of a public corporation?


A.

convenience store


B.

library


C.

gas station


D.

gym

Answers

Answer 1

Answer:

Library

maybe

probably because many people

Answer 2

A convenience store is an example of a public corporation. An independent and distinct legal entity from its owners is a public corporation. Thus, option A is correct.

The majority of the obligations and rights that apply to individuals also apply to public entities. A company, for instance, has the legal authority to make loans and take loans, engage in contracts, bring legal action, possess property, employ people, and pay taxes. It is common to refer to a public corporation as a "legal person."

Corporations pay less tax than individuals do. Because a corporation has an eternal existence, the passing of its stockholders and executives has no impact on its legal form. The formation, creation, and dissolution of corporations are governed by state laws. The Model Business Corporation Act is applied in almost half of the states.

Therefore, option A is the ideal selection.

Learn more about public corporations here:

https://brainly.com/question/32223606

#SPJ3

Related Questions

Other Questions
Why do politicians often establish trade barriers even though the barriers usually do more harm than good I dont know how to start to go about this. Any suggestions would be greatly appreciated. How do I go about finding X? Peter arranged the two circuits shown below. P, Q R and S are blocks of four different materials. Based on the given information, which of the four materials is an insulator?a. P b. Q c. R d. S What is the slope and y-intercept of the equation represented by the following graph Chemically, what is the difference between a whole-grain carbohydrate and a simplecarbohydrate? there are 400 beads of the same size. 35% are red. 2/5 of the remaining are blue. the rest are white. what fraction are there white beads? At the end of world war i, was an unsuccessful political act met with increased illegal activities and pushback by citizens. pushbacks against a white male american identity included the suffrage and civil rights movements. the great migration of african americans from the rural south to urban cities in the north led to , which represented an increased sense of freedom, creativity, and prosperity for african americans in the us. A tank car contains of acetone (density = 0.785 g/cm3). What is the volume of a full tank car, in m3, which contains 3.22 x 104 kg of acetone? show the work please! You have learned concepts: 1) Histogram, 2) Pareto Analysis, 3) Cause and Effect Diagram and 4) Control Impact Matrix from watching the video. Explain how you can apply concepts 1, 2, 3, and 4 by using a real-world example (it can be a problem that you have, had encountered, or make up a scenario.). Save your work in a pdf file. Click on the assignment link below to upload your work via attachment (zero points for non-pdf file). Assignment worth 20 pt. Due: by the posted deadline per course calendar. Help pleaseThis diagram shows the measurements of a yard.What is the area of the yard?Enter your answer in the box. Question 6 of 10What is the most effective type of research question?O A. A question that can be answered correctly using common senseO B. A question that is based on the personal or subjective opinion ofthe authorC. A question that can be answered completely through simpleresearchD. A question that is challenging and does not have one correctanswer What form of scrambled merchandising, popular in Europe, features large stores that provide variety, quality, and low price for groceries and general merchandise assuming that the series will continue in the same pattern the next number in the series 3,5,11,29... is You miss your friend a lot since you have not met him/her since a long time. Write a letter to a friend inviting him/her to spend a day with you during your summer vacations. Specify why and where do you want to meet him/her and what do you plan to do when you meet. More than 700 people in the United States have been infected with monkeypox virus American vector: the epidemic is spreading like a snowball. Upward and downward changes in aggregate economic activity, as measured by GDP, are called: Group of answer choices How did the united states participate in the soviet-afghan war? a. it gave cia assistance to the soviets ahead of the invasion. b. it monitored the fighting to decide if they should get involved. c. it provided weapons to the mujahideen rebels. d. it provided weapons to the soviet troops. What are 2 key differences between traditional (collectivist) cultures values and individualistic society for emerging adults Drag each equation to the correct location on the table. Determine which equations will result in extraneous solutions. If P= (-6,4) find Ry= -x (P)