Management and Organizational Studies 2275A/B Study Guide - Final Guide: Tinn, Capital Structure, White-Collar Crime

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 2275A/B
• Professor: Desmond Mc Keon

Document Summary

Ref: 343: a creditor of an insolvent corporation is unable to seek redress for its losses from the company"s shareholders. Incorporation is undertaken to limit risk of business bankruptcy. company: the fact that one or several shareholders limit their liability is irrelevant, shareholders are totally responsible for their own as well as the entity"s obligations. Canadian business and the law 5e a. b. c. d. the ease of transfer of ownership it is entirely funded by stockholders the ease of understanding tax consequences it has entirely secured debt arrangements. Ref: 343: what is the legal term for decision makers who enter contracts on behalf of an artificial internal stakeholders indirect stakeholders entity? a. b, direct stakeholders d. internal shareholders. Dif: challenging ref: 344: rain water recycling inc. has negotiated with the federally funded business development. Bank for a capital loan to expand its existing operations.