Which of the following statements is true of a corporation? a. shareholders can be required to pay debts of the corporation. b. shares of stock cannot be readily purchased and sold by investors on an organized stock exchange. c. corporations pay income tax on corporate earnings, and shareholders pay income tax on the dividends received. d. shareholders are authorized to sign contracts or make business commitments on behalf of the corporation.

Match each feature with the savings account type

The revenues of a company increased by 39% in year one and decreased 22% in year two. what is the overall change over the two-year period?

At the end of the week, carla receives her paycheck and goes directly to the bank after work to make a deposit into her savings account. the bank keeps the required reserve and then loans out the remaining balance to a qualified borrower named malik as a portion of his small business loan. malik uses the loan to buy a tractor for his construction business and makes small monthly payments to the bank to payback the principal balance plus interest on the loan. the bank profits from a portion of the interest payment received and also passes some of the interest back to carla in the form of an interest payment to her savings account. in this example, the bank is acting