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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.
Which of the following of coded as ‘pik’?
In a certain code language, ‘MANNERS’ is written as '52' and ‘GAMING’ is written as '37'. How will ‘SURPRISE’ be written in that language?
In a certain coded language DRUM is coded as AOVI and VARY is coded as UBOU, then what is the code of AUTO?
In a certain code language, ‘FRENCH’ is written as ‘GQFMDG’. What will be the code for ‘HAMPER’ in that code language?
Which of the following of code is ‘to when’?
Which of the following words is coded as “fgt” in the given language?
The code “pl” represents patient of the following word?
What will be the code for ‘record assembly allegedly suffers’?