Reference no: EM13120004

Select which of these is NOT an example of a financial expert
• Prior experience as a controller of a large corporation
• Previous work in a public accounting firm
• Prior experience as an internal auditor
• A member of a professional accounting/finance association

Select False statement about board of directors?
• Board members may not use corporate assets
• Board members may not profit from the company with or without permission of the entity
• Board members cannot compete directly with the entity
• Board members cannot be board members of a competing company statement is correct

Which statement is Correct?
o A foreign corporation is one organized in another country but does business in the US
o A foreign corporation is one organized in one state but does business in another state
o Any type of business entity doing business abroad is a foreign company
o None is correct

Which Business Entity gives priority to creditors in Dissolution
o Proprietorship
o LLC
o Partnership
o All of the above