Which of the following is most likely to be true of a branch office in the United States?
A. It is liable for the debts of the parent company.
B. It is considered a separate legal entity of the parent company.
C. It does not have to be registered with any state agency.
D. It is not liable for its own debts.
D
Business
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The ________ is the most common form of business organization in the United States
A) partnership B) C corporation C) S corporation D) limited liability company
Business
If monthly fixed costs are $21,000 and the contribution margin ratio is 42%, the monthly sales volume required to break even is:
A. $8,820. B. $50,000. C. $78,000. D. $39,207.
Business