Shell companies can be used to transfer assets of one company onto a new company without having the liabilities of the former company. Shell corporations have been used to commit fraud, by repeatedly creating an empty shell corporation with a name similar to existing real corporations, then running up the price of the empty shell and suddenly selling it (pump and dump). There are also shell companies that were created for the purpose of owning assets (including tangibles, such as a real estate for property development, and intangibles, such as royalties or copyrights) and receiving income. Reasons behind creating such a shell company may include protection against litigation and/or tax benefits (some expenses that would not be deductible for an individual may be deductible for a corporation). Sometimes, shell companies are used for tax evasion or tax avoidance. A shelf corporation, shelf company, or aged corporation is a company or corporation that has had no activity. It was created and left with no activity – metaphorically put on the "shelf" to "age". The company can then be sold to a person or group of persons who wish to start a company without going through all the procedures of creating a new one.
Video transmission over the Internet that looks like delayed live casting is called :
What is the fourth layer in the OSI model?
If you want to connect to your own computer through the Internet from another location, you can use
The register is a type of ___________
Changing an existing document is called _____ the document.
In computer terminology, ‘CAD’ stands for
What is the purpose of the memory bus in a computer system?
Who is known as the first programmer in the world?
Each character on the keyboard of computer has an ASCII value which stands for
_______ selects, interprets and executes instruction in CPU