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AVprozaik [17]
1 year ago
9

On July 1, 2015, ABC company filed its Articles of Incorporation with the State of California. All of their correspondence and c

ontracts list ABC as ABC Inc. On July 10th, XYZ Inc. sues ABC for breach of contract. Then on July 20th, ABC gets notice from the State of California that their Articles of Incorporation have been rejected. ABC forgot to list its Registered Agent on the forms. How is ABC going to be treated in the lawsuit filed against them by XYZ Inc
Business
1 answer:
attashe74 [19]1 year ago
5 0

Answer:

Explanation:

When ABC company filed its Articles of Incorporation with the State of California and All of their correspondence and contracts list ABC as ABC Inc. They are already tagged as a corporation with limited liability.

Now; when there is a breach of contract and they are being sued by XYZ Inc. From the knowledge that XYZ file the lawsuit case against ABC, the ABC company will then be treated as a partnership acquainted with unlimited liability instead of a corporation with limited liability they are being known for since they already had a notice from the State of California that their Articles of Incorporation have been rejected.

You might be interested in
An employee of a sports franchise is a Seventh Day Adventist. Seventh Day Adventists hold their worship services on Saturdays. H
polet [3.4K]

Answer:

Retaliation

Explanation:

Based on the information provided within the question it seems that in addition to his first filing, he is now eligible to also file a Retaliation complaint against his employer. This is a complain that is usually filed when an employer  retaliates by firing an employee who made a discriminatory complaint against them. Which is exactly what happened in this situation since the employee was fired because he filed a complaint with the EEOC because his employer would not accommodate his religious needs.

If you have any more questions feel free to ask away at Brainly

3 0
1 year ago
A newly issued bond has a coupon rate of 7 percent and semiannual interest payments. The bonds are currently priced at par. The
aleksandrvk [35]

Answer: 7.12%

Explanation:

Effective Annual Interest rate is the nominal interest rate adjusted for the number of compounding periods a financial product will experience in a period of time.

To calculate the Effective Annual Rate one can use the following formula,

Effective Rate of Interest = (1+r/m)^m - 1

where r is the rate and

M is the no of compounding periods per year which in this case would be 2 because the payments are semi annual

Plugging in figures would give us,

Effective Rate of Interest = (1+0.07/2)^2 - 1

=0.0712

= 7.12%

If you need any clarification do comment or react.

5 0
1 year ago
You bought a stock three months ago for $51.27 per share. The stock paid no dividends. The current share price is $55.36. What i
MA_775_DIABLO [31]

Answer:

APR= 23.91%

EAR= 8%

Explanation:

A stock was bought at $51.27 three months ago

The current share price is $55.36

Therefore the APR of the investment can be calculated as follows

= 55.36-51.27/51.27

= 4.09/51.27

= 0.0797

= 7.97%

APR= 3×7.97

= 23.91%

EAR= (1+0.079/3)^3-1

= 1+0.0263^3-1

= 1.026^3-1

= 0.08×100

= 8%

5 0
1 year ago
Consider two firms, Firm X and Firm Y, that have identical assets that generate identical cash flows. Firm Y is an all-equity fi
ioda

Answer:

As per MM proposition total capital would remain same.

which implies share price = (24-12)/2= $6 per share

7 0
1 year ago
Which of the following is not an input to the aggregate planning process? A. demand forecast B. cost information C. policies on
ale4655 [162]

Answer:

The correct answer is E. master production schedules.

Explanation:

Master production schedules is not an input to the aggregate planning process  all other options are its input,

Aggregate planning process is an attempt to respond to predicted demand within the constraints set by product, process and location decisions.

Hence, master production schedules is not a relevant input for this planning process but can be a result of the aggregate planning process. In other words master production schedule is formed after aggregated planning has been completed.

6 0
1 year ago
Read 2 more answers
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