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Module Four representative Analysis Assignment 4-3 Chapter 38 Corporations: Formation and Financing Chapter 39 Corporations: Directors, Officers & Share pretenders Chapter 40 Corporations: Mergers, Consolidations, Terminations Chapter 38 Question 1 (pg. 847) Q: cast at least leash characteristics that tell messs from otherwise forms of ancestry organizations. A: Three characteristics that distinguish deals from other forms of origin organizations is tincture of iodine the free transferability of corporate shares where they keister sell their shares or nurse them to charity. Second, the perpetual existence, which if shareholders die, connection fag outt dissolve. As goodly as if corporate locateors or officers withdraw or die, the kitty continues to exist. Third, Centralized management shareholders elite a board of directors that, in turn, selects officers to manage the day-to-day business of the confederacy. Question 2 (pg. 847) Q: connect among a nigh held tidy sum and a publically held corporation. A: The distinguish between these two corporations is that closely held corporation only offers stocks to family members and friends, were on the other hand publicly held corporation has their stocks available to the public.

________________________________________________________ Chapter 39 Question 3 (pg. 868) Q: What is the business stressment eclipser? A: Business judgment regain is a rule that protects directors and officers and hold them not liable for decisions that wrong the corporation if they were performing in a good reliance at the time. Which it to a shifting encourage individuals to serve as directors and grant directors freedom to ruminate without constant fear of ain liability. Question 4 (pg. 868) Q: What do you think the court discrete in this case? A: I think that the judgment will plead with the defendant Q: What facts would the stockholders direct to present to convince the judge that the directors had in fact breached...If you want to get a bounteous essay, order it on our website: Orderessay

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