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Start learning 50% faster. Sign in nowShell 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.
If F has only one child and there are four male members in the family then how is the child of F related to L?
How is W related to mother of Z?
How many male members are in the family?
Read the direction carefully and answer the question.
If
‘A % B’ means ‘A is the daughter of B’,
‘A & B’ means ‘A i...
U is the daughter in law of whom among the following
If V is married to M then how is V related to the daughter of H?
Which among the following statement is definitely incorrect?
How is R related to P?
How was A related to E?
A, C, E, G, I and K are six family members. I is son of G, who is not the mother of I. C is brother of G. K and G are a married couple. E is daughter of...