Chapter 41 - History and Nature of Corporations

Chapter 41 - History and Nature of Corporations

8 Qs

quiz-placeholder

Similar activities

ChiaGeiLow

ChiaGeiLow

Professional Development

11 Qs

RRR-Q4

RRR-Q4

KG - University

11 Qs

Civics 5B

Civics 5B

5th Grade

10 Qs

Are u brave or no

Are u brave or no

5th Grade

10 Qs

Neutralizing Acids and Bases

Neutralizing Acids and Bases

KG - University

10 Qs

Chapter 41 - History and Nature of Corporations

Chapter 41 - History and Nature of Corporations

Assessment

Quiz

others

Practice Problem

Hard

Created by

Eric Sader

Used 3+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

Prior to the mid-1800s, U.S. corporations were limited by law in terms of time and scope of operations.

True
False

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

A corporation is a fictitious, but legal, person.

True
False

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

Corporations may be classified only in terms of ownership.

True
False

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

Under the Commerce Clause, states have the power to regulate commerce within their state.

True
False

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

A company under Kansas law is domestic when it operates within Kansas and a foreign company in any other state.

True
False

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

C Inc. is owned by 2. The 2 built homes from $ loaned to C Inc. Corporate shield provides absolute liability protection.

True
False

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

A state law that regulates business activities of a foreign corporation is constitutional if :

It serves a legitimate state interest.

The legitimate state interest outweighs the burden on interstate commerce.

It is the most burdensome means of promoting that interest.

Blue (serves) and turquoise (legitimate) but not yellow (most).

8.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

Which of the following activities meet the requirements for doing business in a state?

Owning personal property as investment.
Maintaining a bank account for collection purposes.
Maintaining a storefront for product sales.
All of the above.