Limited liability companies are more flexible than S-type Corporations because limited liability

companies operate under state laws.

Indicate whether the statement is true or false

FALSE

Business

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Christopher is the CEO of a company that another company is trying to acquire. The success of Christopher's company has declined dramatically over recent years. Chris knows that the acquisition could help save the shareholders and other stakeholders from the turmoil that would ensue if the company went bankrupt. However, this is Christopher's only line of income for his family. He decides to defend his company from being taken over to help secure his position. Which defense strategy would you recommend be implemented that would benefit all stakeholders?

a. Litigation lawsuits b. Capital structure change c. Charter amendment d. Golden parachute

Business

Has looking beyond U.S. borders been a profitable experience for U.S. corporations?

What will be an ideal response?

Business