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
2013-02-14
53
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/rSOd777K
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
Whoislisteningtothisannouncement?
Whenisthewoman’sjobinterview?
A、 B、 C、 A所给出的问题是一个询问办公家具什么时间(When)送到的特殊疑问句。选项(A)的回答todaybetweentwoandthree,明确回答了时间,是符合语境的正确答案。当问句是以特殊疑问词开
WhatisreportedforBoxerCountyregardingforeclosures?
A、 B、 C、 D、 D(A)makethebed的意思不是“制作床”,而是“整理床”,这里是被动态的表达。(D)在betweenAandB说法中,如果A和B是同一种类的东西,经常会用“b
Tellingyouraudiencethattheycanaskquestions请听众提问
Theinterlocutorasksyouquestionsonanumberofwork-relatedandnonwork-relatedsubjects.
•Youwillheartheorganiserofanannualconferenceattendedbythesalesrepresentativesofalargecompany.Heistellingth
•Youwillheartheorganiserofanannualconferenceattendedbythesalesrepresentativesofalargecompany.Heistellingth
随机试题
(2019年招远)教育体制其实就是教育制度。()
一老年患者以”不能嚼碎食物,要求修复”来医院治疗,临床检查发现,口内仅有左上1237、右上126、左下456、右下4567存在,这些牙无明显松动,无颞下颌关节及咀嚼肌不适,患者不能嚼碎食物的主要原因是
下列哪种情况骨髓红系增生情况与网织红细胞计数不一致()
银行对账在每月月末进行。()
某股份有限公司2007年3月公开发行3年期公司债券1000万元,1年期公司债券500万元。2009年1月,该公司鉴于到期债券已偿还且具备再次发行公司债券的其他条件,计划再次申请发行公司债券。经审计确认该公司当期净资产额为6000万元。该公司此次发行公司债券
企业享受的下列税收优惠中,属于企业会计准则规定的政府补助的是()。
填入问号处最恰当的是?
我国《宪法》第5条规定,一切违反()的行为,必须予以追究。
现代计算机中采用二进制数字系统是因为它()。
A、去过青岛和海南B、想去海南和桂林C、想去桂林和青岛D、想去上海和海南A根据对话中男的说的“这两个地方我都去过”这句话,可知他去过海南和青岛,所以选A。
最新回复
(
0
)