How does incorporation affect bankruptcy?

How does incorporation affect bankruptcy?
by

1 Answer

Answer :

Incorporation is a primary method used to shield one’s personal assets from business losses and debt, but it isn’t an absolute protection.
by

Related questions

Client filing for bankruptcy?

Description : Client filing for bankruptcy?

Last Answer : At some point you will need to file a claim against the company (to the bankruptcy trustee, once they are appointed). You'll wait and wait and wait. There's a hierarchy of who gets paid first ( ... they are filing bankruptcy and when it is possible for you to file a claim. read this Good luck.

Is the Hostess bankruptcy the fault of labor or management?

Description : Is the Hostess bankruptcy the fault of labor or management?

Last Answer : Typical corporate malfeasance. The top brass have been focused on quarterly reports and their own perks and compensation. Any company with brands that famous and sales that big should be able to compensate labor just fine.

Website that lists businesses and chains that have recently filed for bankruptcy or close to doing so?

Description : Website that lists businesses and chains that have recently filed for bankruptcy or close to doing so?

Last Answer : No, because the filings are local not national.

How does an old bankruptcy affect future loan applications?

Description : How does an old bankruptcy affect future loan applications?

Last Answer : It's not supposed to. They are supposed to be wiped from your report ten years after being settled. So you should be just fine. They won't ask for info about bankruptcy - it's illegal to do so. And ... nothing else, you should get a copy of your report and go over it in detail just to be positive.

how does bankruptcy affect child support?

Description : how does bankruptcy affect child support?

Last Answer : Normally it doesn't. Usually child support is still owed, even the obligor is in bankruptcy. However, as always, check your state laws.

How will Trump's presidency affect people trying to start a new business? (Details )

Description : How will Trump's presidency affect people trying to start a new business? (Details )

Last Answer : It is a security company… Not a fucking coal mine. There are no regulations that have been holding you back.

Does weather affect business and trading?

Description : Does weather affect business and trading?

Last Answer : answer:For the travel industry, rain is rarely an issue, but severe weather conditions that prevent people from traveling is a living nightmare. When I'm in England, where it rains there more often ... the week for booking appointments relates to weather. Could you clarify what you mean by that one?

How do social media, technology, and business affect each other?

Description : How do social media, technology, and business affect each other?

Last Answer : Businesses benefit by feeding off of what social media sites have to offer, a place for people to hang out in the internet. Technology feeds off this by giving jobs to people who focus on social media sites. Those are just a fraction of the opportunities. My 2 cents.

Does knowing a person has cheated/is cheating on their spouse/sig. oth. affect whether or not you feel you can trust them?

Description : Does knowing a person has cheated/is cheating on their spouse/sig. oth. affect whether or not you feel you can trust them?

Last Answer : Simply put, you're trustworthy or not. It is reasonable to assume that if you will cheat on someone you love, you will more easily cheat someone you don't. In the case of SO, no one has made a promise ... enough to marry them, then you have no ties to them, and either of you can leave at any time.

How does daylight savings affect international business?

Description : How does daylight savings affect international business?

Last Answer : Uh Packages end up arriving an hour earlier and there's no one to sign for them? No? Actually I think that ships and trucks and airplanes stay in pretty much the same position no matter what ... as reality changes that we can say time passes. Reality makes time possible, not the other way around.

How does companies donating profits to charities affect your purchasing?

Description : How does companies donating profits to charities affect your purchasing?

Last Answer : answer:Companies donating to charity has no impact on me what so ever. Here’s a fact about the first year of the RED campaign that came out on TIME MAGAZINE: Money Spent on Advertisint: $ 100 MILLION Money Actually DONATED : $ 18 MILLION

Governmental regulations can affect the viability & ----------- of a company using the internet as a foreign market entry mode. A. effectiveness B. association C. performance D. None of the above

Description : Governmental regulations can affect the viability & ----------- of a company using the internet as a foreign market entry mode. A. effectiveness B. association C. performance D. None of the above

Last Answer : effectiveness

The environment which is close to business and affect its capacity to work is known as ___environment. A. internal. B. external. C. micro. D. macro.

Description : The environment which is close to business and affect its capacity to work is known as ___environment. A. internal. B. external. C. micro. D. macro.

Last Answer : C. micro.

Are there any differences between business incorporation and formation?

Description : Are there any differences between business incorporation and formation?

Last Answer : Bussines corporation refers to a brand new structure that will be adopted when the business becomes a legal entity. They usually adopt the name Inc or limited. It is a legal separate entity on its ... to forming a business through the legal processes of registration, how taxes will be paid etc.

(i) First Board Meeting is held within _________ days of the date of its incorporation. 

Description : (i) First Board Meeting is held within _________ days of the date of its incorporation. 

Last Answer : Select the correct answer from the options given below and rewrite the statements. (i) First Board ... Directors (b) Members (c) Creditors

Draw a flow chart of Steps in the incorporation of a company.

Description : Draw a flow chart of Steps in the incorporation of a company.

Last Answer : Draw a flow chart of Steps in the incorporation of a company.

Give the proforma of Certificate of Incorporation.

Description : Give the proforma of Certificate of Incorporation.

Last Answer : Give the proforma of Certificate of Incorporation.

Directors declaration form should be filed within _________ days from the date of incorporation. 

Description : Directors declaration form should be filed within _________ days from the date of incorporation. 

Last Answer : Directors declaration form should be filed within _________ days from the date of incorporation. (a) 180 (b) 80 (c) 100

ROC allows 21 digit numbers at the time of issuing Certificate of Incorporation.

Description : ROC allows 21 digit numbers at the time of issuing Certificate of Incorporation.

Last Answer : Write a word or a term or a phrase that can substitute each of the following statements. ... at the time of issuing Certificate of Incorporation.

What set of rights did both the no incorporation justices and the plus incorporation justices use to expand the notion of legal rights EDIT?

Description : What set of rights did both the no incorporation justices and the plus incorporation justices use to expand the notion of legal rights EDIT?

Last Answer : You need to answer this question because your teacher is lookingfor your critical thinking skills and how well you understood thelesson. It is asking for an opinion as well based on the facts.

Incorporation?

Description : Incorporation?

Last Answer : As a business grows and prospers, there may come a time when theowner decides that incorporation might offer better advantages thanthe existing business structure. Even a smaller start-up ... incorporation allows the business to offer benefitslike medical plans, savings and retirement plans to membe

Articles of Incorporation Worksheet?

Description : Articles of Incorporation Worksheet?

Last Answer : Get StartedThere are several corporate bylaws and either "organizational minutes" or "organizational consent."Some states offer corporations the option of electing to be organized as a "close corporation." If ... process meets a set of exemptions, including: (a) a very limited number of persons wi

Stock Subscription Agreement, Pre Incorporation?

Description : Stock Subscription Agreement, Pre Incorporation?

Last Answer : Stock Subscription Agreement, Pre-Incorporation(Download)______________________, referred to as PROMOTER, and ____________, referred to as SUBSCRIBER, agree:PROMOTER shall organize a corporation to be ... the Securities Commission of any state.The PURCHASER represents that it is qualified unde

Certificate of Incorporation?

Description : Certificate of Incorporation?

Last Answer : Certificate of Incorporation(Download)1. Name.The name of the Corporation (“Corporation”) is ___________________________.2. Principal Office and Registered Agent.The Corporations registered office in ... stock that the Corporation shall have authority to issue is ____________________, all of

Certificate of Incorporation, Board Acceptance?

Description : Certificate of Incorporation, Board Acceptance?

Last Answer : Certificate of Incorporation, Approval by Board(Download)This is the approval of the Certificate of Incorporation.Resolved that the Certificate of Incorporation of the Corporation, which has been ... help you complete the formalities required to set up your corporation properly. This documen

Articles of Incorporation?

Description : Articles of Incorporation?

Last Answer : Articles of incorporation are the formal document used to create a corporation. In some states, it is called a certificate of incorporation. The articles of incorporation are filed with the ... and cannot be easily amended, many incorporators feel more comfortable with service of an attorney.

How To Obtain A Company's Articles Of Incorporation?

Description : How To Obtain A Company's Articles Of Incorporation?

Last Answer : Every corporation has a set of rules regarding their company, which is called their Articles of Incorporation or Corporate Charter. In order to have these, the company must be classified as a corporation, ... may have broken their own rules. If consumers feel a lawsuit is necessary in such a cas

When a company hires people in another country to do work for them, it is called what O A. Monopolization O B. Outsourcing O C. Incorporation O D. Profit sharing SUB?

Description : When a company hires people in another country to do work for them, it is called what O A. Monopolization O B. Outsourcing O C. Incorporation O D. Profit sharing SUB?

Last Answer : When a company hires people in Another Country to do work for them, it is called outsourcing.

All the following statements about recognition of a codon on mRNA by an anticodon on tRNA are correct except (A) The recognition of the third base of the codon is not very precise (B) Imprecise recognition of the third base results in wobble (C) Wobble is partly responsible for the degeneracy of the genetic code (D) Wobble results in incorporation of incorrect amino acids in the protein

Description : All the following statements about recognition of a codon on mRNA by an anticodon on tRNA are correct except (A) The recognition of the third base of the codon is not very precise (B) ... degeneracy of the genetic code (D) Wobble results in incorporation of incorrect amino acids in the protein

Last Answer : Answer : D

Biotin is required for the reaction of CO2 with (A) Water (B) Acetyl CoA (C) NH3 (D) Incorporation of carbon 6 in purine

Description : Biotin is required for the reaction of CO2 with (A) Water (B) Acetyl CoA (C) NH3 (D) Incorporation of carbon 6 in purine

Last Answer : Answer : B

Gram negative organisms are largely insensitive to benzyl penicillin because (a) They produce large quantities of penicillinase (b) They do not utilize D-alanine whose incorporation in the cell wall is inhibited by benzyl penicillin (c) Benzyl penicillin is not able to penetrate deeper into the lipoprotein-peptidoglycan multiplayer cell wall of gram-negative bacteria (d) Both (a) and (b)

Description : Gram negative organisms are largely insensitive to benzyl penicillin because (a) They produce large quantities of penicillinase (b) They do not utilize D-alanine whose incorporation in the cell wall is ... lipoprotein-peptidoglycan multiplayer cell wall of gram-negative bacteria (d) Both (a) and (b)

Last Answer : Ans: C

A public company can start its business operations after getting– (A) Certificate of Incorporation (B) Minimum Subscription (C) Certificate of Commencement of Business (D) Permission of the Controller of Capital Issue

Description : A public company can start its business operations after getting– (A) Certificate of Incorporation (B) Minimum Subscription (C) Certificate of Commencement of Business (D) Permission of the Controller of Capital Issue

Last Answer : Answer: Certificate of Commencement of Business

How is profit prior to incorporation treated as ? (A) Revenue reserve (B) Secret reserve (C) Capital reserve (D) General reserve

Description : How is profit prior to incorporation treated as ? (A) Revenue reserve (B) Secret reserve (C) Capital reserve (D) General reserve

Last Answer : Answer: Capital reserve

Profit prior to incorporation is transferred to– (A) Capital reserve (B) General reserve (C) Profit and Loss Account (D) Trading Account

Description : Profit prior to incorporation is transferred to– (A) Capital reserve (B) General reserve (C) Profit and Loss Account (D) Trading Account

Last Answer : Answer: Capital reserve

A public company can start business– (A) After incorporation (B) After promotion (C) After registration (D) After getting certificate of commencement of business

Description : A public company can start business– (A) After incorporation (B) After promotion (C) After registration (D) After getting certificate of commencement of business

Last Answer : Answer: After getting certificate of commencement of business

A company limited by shares has to call the statutory meeting within a period of not less than one month and not more than six months. This period is counted with reference to which one of the following ? (A) The date of incorporation (B) The date at which the company is entitled to commence business (C) The date of actual receipt of certificate of incorporation (D) The date of actual commencement of business

Description : A company limited by shares has to call the statutory meeting within a period of not less than one month and not more than six months. This period is counted with reference to which one of ... date of actual receipt of certificate of incorporation (D) The date of actual commencement of business

Last Answer : Answer: The date at which the company is entitled to commence business

DNA synthesis can be specifically measured by estimating the incorporation of radio-labelled (a) thymidine (b) deoxyribose sugar (c) uracil (d) adenine.

Description : DNA synthesis can be specifically measured by estimating the incorporation of radio-labelled (a) thymidine (b) deoxyribose sugar (c) uracil (d) adenine.

Last Answer : (c) uracil

DNA synthesis can be specifically measured by estimating the incorporation of radio-labelled (a) thymidine (b) deoxyribose sugar (c) uracil (d) adenine.

Description : DNA synthesis can be specifically measured by estimating the incorporation of radio-labelled (a) thymidine (b) deoxyribose sugar (c) uracil (d) adenine.

Last Answer : (a) thymidine

Which of the following would not be found in the corporate charter? a. The date of incorporation. b. The rules and procedures adopted by the stockholders. c. The kinds and amount of capital stock authorized. d. The types of business activity that the corporation is allowed to conduct.

Description : Which of the following would not be found in the corporate charter? a. The date of incorporation. b. The rules and procedures adopted by the stockholders. c. The kinds and amount of capital stock authorized. d. The types of business activity that the corporation is allowed to conduct.

Last Answer : The rules and procedures adopted by the stockholders

Feminist theorists would see which of the following as developments as progress? [A] The establishment of UN Gender Development Index [B] The Election of Indian Speaker [C] The incorporation of gender mainstreaming into policy discourses [D] All of the above

Description : Feminist theorists would see which of the following as developments as progress? [A] The establishment of UN Gender Development Index [B] The Election of Indian Speaker [C] The incorporation of gender mainstreaming into policy discourses [D] All of the above

Last Answer : [D] All of the above

A company comes into existence when it gets 1. High court order 2. Central Government order 3. Certificate of Commencement 4. Certificate of incorporation 5. None of these

Description : A company comes into existence when it gets 1. High court order 2. Central Government order 3. Certificate of Commencement 4. Certificate of incorporation 5. None of these

Last Answer : Certificate of incorporation

The term used for acquisition of naked DNA from its environment and its incorporation in their genome by a bacterium is A.transformation B.lysogenic conversion C.conjugation D.transduction

Description : The term used for acquisition of naked DNA from its environment and its incorporation in their genome by a bacterium is A.transformation B.lysogenic conversion C.conjugation D.transduction

Last Answer : A.transformation

Incorporation of atmospheric N2to NH4 + occurs via the process of A.assimilatory nitrate reduction B.transamination C.deamination D.nitrogen fixation

Description : Incorporation of atmospheric N2to NH4 + occurs via the process of A.assimilatory nitrate reduction B.transamination C.deamination D.nitrogen fixation

Last Answer : D.nitrogen fixation

The term used for acquisition of naked DNA from its environment and its incorporation in theirgenome by a bacterium is A- transformation B- lysogenic conversion C- conjugation D- .transduction

Description : The term used for acquisition of naked DNA from its environment and its incorporation in theirgenome by a bacterium is A- transformation B- lysogenic conversion C- conjugation D- .transduction

Last Answer : transformation

The term used for acquisition of naked DNA from its environment and its incorporation in their A- transformation B- lysogenic conversion C- conjugation D- transduction

Description : The term used for acquisition of naked DNA from its environment and its incorporation in their A- transformation B- lysogenic conversion C- conjugation D- transduction

Last Answer : transformation

In the blast furnace, incorporation of water vapour in the blast gives the following effect. (A) Increases the reducing potential of the gas (B) Increases the flame temperature (C) No significant change occurs (D) Increases the hydrogen content in the metal

Description : In the blast furnace, incorporation of water vapour in the blast gives the following effect. (A) Increases the reducing potential of the gas (B) Increases the flame temperature (C) No significant change occurs (D) Increases the hydrogen content in the metal

Last Answer : (A) Increases the reducing potential of the gas

In the TCA cycle, at which of the following enzyme-catalyzed steps, incorporation of elements of water into an intermediate of the cycle takes place : (A) Citrate synthase (B) Aconitase (C) Maleate dehydrogenase (D) Succinyl Co-A synthase

Description : In the TCA cycle, at which of the following enzyme-catalyzed steps, incorporation of elements of water into an intermediate of the cycle takes place : (A) Citrate synthase (B) Aconitase (C) Maleate dehydrogenase (D) Succinyl Co-A synthase

Last Answer : (C) Maleate dehydrogenase

Google maps service is provided by whom? a) Google corporation b) Google incorporation c) Google outcorporation d) Google newcormporation

Description : Google maps service is provided by whom? a) Google corporation b) Google incorporation c) Google outcorporation d) Google newcormporation

Last Answer : b) Google incorporation

Pre incorporation contract is also known as _________ A. Provisional B. Preliminary C. Illegal D. Legal

Description : Pre incorporation contract is also known as _________ A. Provisional B. Preliminary C. Illegal D. Legal

Last Answer : A. Provisional

Contracts made after incorporation but before the grant of Certificate of commencement of Business _________ A. Provisional contracts B. Pre incorporation contracts C. Preliminary contracts D. Both (b) & (c)

Description : Contracts made after incorporation but before the grant of Certificate of commencement of Business _________ A. Provisional contracts B. Pre incorporation contracts C. Preliminary contracts D. Both (b) & (c)

Last Answer : A. Provisional contracts