首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
TASK ONE—ADVANTAGE •For questions 13—17, match the extracts with the advantages, listed A—H. •For each extract, choose the advan
TASK ONE—ADVANTAGE •For questions 13—17, match the extracts with the advantages, listed A—H. •For each extract, choose the advan
admin
2010-01-31
65
问题
TASK ONE—ADVANTAGE
•For questions 13—17, match the extracts with the advantages, listed A—H.
•For each extract, choose the advantage stated.
•Write one letter (A—H) next to the number of the extract.
A Continuous life
B Ease of attracting capital
C Greater motivation
D Ease of transferring ownership
E Large size
F Limited liability
G Tax advantages
H Almost unlimited Secrecy
*
M: Unlike partners and proprietors, owners in a corporation have limited liability. They stand to lose only what they have invested. Creditors can sue a corporation for not paying its debts, forcing the corporation to declare bankruptcy. Creditors, however, cannot make the stockholders pay the corporation’s debts out of their own personal assets. Because corporations have to report so many of their activities and because many government agencies scrutinize their activities, corporations often lose the competitive advantage of secrecy. Corporations must make public reports on profits, total sales, and research expenditures. Competitors can learn much about each other by reading reports and studying reports from hearings.
F: Stockholders can transfer shares of stock to others without causing the termination of the corporation. Major stock exchanges list the latest selling price for thousands of stocks by the minute, and they provide a ready market for buyers and sellers. The withdrawal is easy compared to the other forms of ownership because the sale of an owner’s stock does not dissolve the corporation. A proprietor can have a brain-storm over a ham sandwich at lunch. Make a decision. And act on it before the end of the day. But corporations have many departments, committees, and beards that must approve major projects before actions can be taken.
M: Unlike proprietorships and partnerships, a corporation can last indefinitely. While some charters specify the length of life of the company, most assume an indefinite life span. The existence of the corporation is unaffected by the death or withdrawal of its stockholders. The government creates the corporation as an artificial being and feeds its offspring with dozens of rules and regulations. Many of these regulations apply to all organizations, but enforcement is focused on the larger corporations. In order to comply with all the regulations, corporations spend a good deal interpreting laws, maintaining records, and reporting to government agencies.
F: Corporations have a large advantage in obtaining more money for expansion. They can raise money more easily because its stock and bonds are bought and sold in public markets such as stock exchanges. The price of ownership is known, and when the company wants to raise new funds, it can sell new shares or bonds to the public and attract funds from both domestic and foreign investors. The larger a corporation becomes, the more sources of financing are available to it. The corporation is treated as a legal entity and must pay taxes on its taxable income. When after-tax corporate profits are paid out in dividends to the stockholders, the dividends are taxed a second time as part of the individual owner’s income. Thus owners pay taxes twice on corporate profits.
M: While all corporations are not large, most large businesses are corporations. Large size offers the advantage of economical production methods; large companies can buy materials, manufacture products, and ship finished goods
in bulk. But even more important is the ability to specialize. This potential, combined with the ability to pay higher salaries and offer attractive fringe benefits, gives the corporation an advantage in hiring and keeping top-rate employees. A corporation is more costly and difficult to create than other forms of~ ownership. Preparing the articles of incorporation, developing a prospectus for potential owners, complying with regulations on stock issues, and registering in other states is costly and time consuming. Filing fees, lawyer expenses, and promotion costs can be expensive.
选项
答案
A
解析
转载请注明原文地址:https://kaotiyun.com/show/MDOd777K
本试题收录于:
BEC高级听力题库BEC商务英语分类
0
BEC高级听力
BEC商务英语
相关试题推荐
Accordingtotheman,whyarehiscompany’ssystemsmoreexpensivethanothers?
Whomostlikelyarethelisteners?
Whoisthemanprobablytalkingto?
Whatisgiventothelistener?
Inthispartofthetest,youareaskedtogiveashorttalkonabusinesstopic.Youhavetochooseoneofthetopicsfromthe
Inthispartofthetest,youareaskedtogiveashorttalkonabusinesstopic.YouhavetochooseoneofthetopicsfrOmtheth
Inthispartofthetest,youareaskedtogiveashorttalkonabusinesstopic.Youhavetochooseoneofthetopicsfromthe
Inthispartofthetest,youareaskedtogiveashorttalkonabusinesstopic.Youhavetochooseoneofthetopicsfromthe
随机试题
下列关于睾丸的描述正确的是
患者,男,70岁。2天前因急性阑尾炎行阑尾切除术,现诉腹胀,未排气、排便。下列护理措施错误的是
宫颈刮片为巴氏Ⅲ级临床应进行
女性,30岁,颈部增粗,伴食欲亢进、消瘦、手颤、怕热、多汗半年,以原发性甲亢收入院。查体:眼球突出,眼裂增大,双侧甲状腺弥漫性肿大,质软、可触及震颤,闻及血管杂音。血压140/90mmHg,脉搏120次/分,准备手术治疗。术前服药方法是
以下关于桥面防水卷材铺设的说法,正确的有()。
目前我国市场上的理财产品大多是结构型产品,理财计划指定的基础资产或基础变量主要是()等。
公安政策实际上是一种职业纪律。( )
根据以下资料,回答91-95题。2008年底,我国网民数从1997年的62万增加到2.98亿,居世界第2位。其中宽带网民数达到2.7亿,手机网民数达到1.2亿。互联网普及率达到22.6%,超过全球平均水平。2008年底,我国互联网的国际出口带宽由
Tomdoesn’tthinkhecouldever______whatiscalled"free-style"poetry.
过坐标原点作曲线y=ex的切线,该切线与曲线y=ex以及x轴围成的向x轴负向无限伸展的平面图形,记为D,求D绕直线x=1所成的旋转体的体积V。
最新回复
(
0
)