Classwork 3/13/21 1. Revised Uniform P
2. Describe the difference between the share and the shareholder.
3. What role does a corporate promoter play in the process of forming a corporation?
4. Name the difference between the articles of incorporation and a certificate of
incorporation.
5. What must a corporation include in its name?
I
6. Describe a limited partnership.
7. List the duties that go into a partnership.
8. What is the name for the corporation that is incorporated in another country but does
business in the United States?
9.
means that in case of a lawsuit, all partners must be sued together.
Vernon Swanson
10. Unless the partnership agreement says otherwise, each partner's voice in the
management is proportional to his or her own investment. (True/False)
BCR Response (50 Points)
Suppose you are running a sole proprietorship in a building that you have just
purchased. The floor collapses and injuries several customers. Will your losses be limited to
the amount of money in your company's business account?