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What qualifies as a criminal rate of interest

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Reference no: EM133199837

INSTRUCTIONS:. Please answer each of the questions shown below. These questions derive from our textbook's end of chapter questions based on the materials we reviewed in the course. The allocated marks for each question are next to each question.

QUESTIONS TO BE ANSWERED:

(1) What qualifies as a criminal rate of interest?

(2) What are the three (3) main rights of shareholders?

(3) What is the role of a receiver?

(4) Identify 3 protections granted to employees upon the bankruptcy of their employer?

(5) During a bankruptcy, how are preferred creditors treated differently from unsecured creditors?

(6) Identify 2 features of the concept "Undisclosed Principal."

(7) Is a "real estate agent" an agent in law? Explain.

(8) How is a sole proprietorship created?

(9) To what does the acronym "NUANS" refer?

(10) Give two (2) reasons why issuing bonds are a more advantageous method of raising money for a corporation rather than issuing shares? Explain.

(11) What is meant by the term "lifting the corporate veil"?

(12) When will courts "lift the corporate veil"?

Reference no: EM133199837

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