In which of the following does a shareholder sue alleging that he or she has suffered damages caused by the corporation?

A) Subrogation
B) Shareholder's distributive suit
C) Shareholder's direct suit
D) Shareholder's derivative suit
E) Declaration against interest

A copyrighted work that is reproduced with the appropriate notice affixed is protected for ten years and is subject to indefinite renewal by the copyright holder.

Kala and Leah, partners in Best Designs, have capital balances of $40,000 and $60,000, respectively. Adam joins the partnership by buying one-half of Kala's interest for $30,000. In addition, because of Adam's outstanding sales skills, the partners agree to increase his interest to 40% if he invests another $10,000. The income-sharing ratio of Kala, Leah, and Adam is 4:3:1.​
(a)Journalize the entries to record the admission of Adam to the partnership.
(b)Immediately after Adam's admission to the partnership, Leah sells one-fourth of her interest to Denton for $35,000. Journalize the entry to record this transaction.

Ala Foreign Corporation is incorporated in Alabama.However,it is running 90 percent of its operations from Indiana.Such a type of corporation is called a(n) :

A) government-owned corporation.
B) foreign corporation.
C) alien corporation.
D) pseudo-foreign corporation.

Which statement is correct with respect to marginal and average tax rates under a progressive tax structure?

A) At very high levels of taxable income,a taxpayer's marginal and average tax rates will be the same.
B) At very low levels of taxable income,a taxpayer's marginal and average tax rates will be the same.
C) For most taxpayers,the average tax rate is larger than the marginal tax rate.
D) Generalizations cannot be made.The question can only be answered with reference to the tax situation of a specific taxpayer.

Jolie is concerned about her health so she writes and signs a will and puts it in her drawer. This type of will is considered to be a(n) ________ will.

A) invalid
B) holographic
C) illegal
D) improper
E) presumptive

Why did TD Bank implement a campaign targeting the Hispanic community in four major markets?

A) Hispanics are the fastest growing U.S.demographic yet they are under-utilizing banking and financial services.
B) TD Bank would like to expand its locations into Central and South America.
C) The President of TD Bank is Hispanic.
D) TD Bank wanted to promote its image as "America's Most Convenient Bank."