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
23
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/ySOd777K
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
Whyisthecompanylayingsomanypeopleoff?
A、 B、 C、 D、 A图画显示了一个男子拿着麦克风说话的场景,因此正确答案是(A)。(B)中如果忽略telephone而只看talking容易引起误导,成为陷阱。(C)中holding不是“抓着,握着”的
Whomostlikelyarethelisteners?
What’stherelationshipbetweenthemanandthewoman?
What’stherelationshipbetweenthemanandthewoman?
WhoisMichaelSanderson?
Tellingyouraudiencethattheycanaskquestions请听众提问
TaskOne-Job•Forquestions13-17,matchtheextractswiththepeople,listedA-H.•Foreachextract,choosethejobeachsp
•Youwillheartheorganiserofanannualconferenceattendedbythesalesrepresentativesofalargecompany.Heistellingth
随机试题
肛门的主要生理功能是:
某小学组织春游,队伍行进中某班班主任张某和其他教师闲谈,未跟进照顾本班学生。该班学生李某私自离队购买食物,与小贩刘某发生争执被打伤。对李某的人身损害,下列哪一说法是正确的?()(09年司考.卷三.单23)
【2003年第159题】下列哪一种构件的代号是不正确的?
下列属于实行备案管理的基金服务机构的是()。[2016年11月真题]
下列选项中,属于按支出经济分类划分的财政支出包括()。
Youshouldassume,intryingforjobs,thatyouwillnotbetheonlyapplicant.Thesinglemostprevalentdecidingfactoristhe
下面描述中,不属于软件危机表现的是
WhatkindofoverviewdoesthebookintendtogiveaboutAmericansociety?
Inthe1960s,medicalresearchersThomasHolmesandRichardRahedevelopedachecklistofstressfulevents.Theyappreciatedthe
Humansympathy【C1】______whalesisonlynaturalofallthecreaturesinthesea.【C2】______arecloserrelativestousthanthes
最新回复
(
0
)