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
98
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
H
解析
转载请注明原文地址:https://kaotiyun.com/show/gDOd777K
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?
Whataretheytalkingabout?
Whataretheytalkingabout?
Whoisthemanprobablytalkingto?
A、 B、 C、 D、 B图中女子正在看漫画书,因此(B)项是正确答案。托业考试第一部分听到描写人们动作的时候,一定要格外注意动词部分,这道题听到painting,writing,talking就可以知道这些
Whatisgiventothelistener?
Lookatthegraphic.Whichcellphoneplanwillthemanmostlikelychoose?
(Thecandidatechoosesonetopicandspeaksaboutitforoneminute.)A.MarketResearch:theimportanceofdoingmarketresearc
随机试题
护士履行给药职责的前提是()。
各年龄阶段之乳牙龋病发生的部位特征是
患者,男,57岁,患"椎基动脉供血不足"。症见眩晕头痛而重,胸闷呕恶,舌苔白腻,脉弦滑。治宜选用
诱发支气管哮喘发作的病因和诱因包括( )。
简述秦代监察制度的内容。
甲公司于2014年5月委托B公司进行商品代销,2014年11月收到B公司的代销清单,并按销售收入的5%收取代销费用,甲公司将该笔代销费用直接抵扣主营业务收入。()
在经济全球化面前,无论是发展中国家,还是发达国家,都会遇到这样那样的不适应问题。这些问题的根源不在于经济全球化本身,因为经济全球化是给所有的人、所有国家提供机遇,如果准备不足,适应不够,那么就可能发生问题。“但是我们不能因为走路崴了脚,就怪地不平,不再往前
邓小平提出以是否有利于发展社会主义社会的生产力,是否有利于增强社会主义国家的综合国力,是否有利于提高人民的生活水平作为判断各方面工作是非得失的根本标准。对“三个有利于”的判断标准理解不正确的是()。
据中国汽车工业协会统计,我国2011年累计生产汽车1841.89万辆,同比增长0.8%,销售汽车1850.51万辆,同比增长2.5%,产销同比增长率较2010年分别下降了31.6和29.9个百分点。 2011年,乘用车产销分别完成1448.53万辆和
ThewarmingoftheEarth【C1】______overthelast100yearswillbeduetoacombinationofmanyfactors.Warmingduetotheincre
最新回复
(
0
)