McIntire School of Commerce Quiz

The McIntire School of Commerce is transitioning from a two-year to a three-year undergraduate curriculum. Second-year students will soon be enrolled into the B.S. in Commerce Program, and the admission cycle changes will go into effect for first-time, first-year UVA students in the fall of 2024.

The transition to a three-year undergraduate program at the McIntire School of Commerce was prompted by shifts in the business landscape.

Historically, students applied for admission to McIntire's undergraduate business program after taking classes for two years at UVA, and accepted students started classes at the beginning of their third year.

<p>Moving forward, students will apply to the School's undergraduate program at the end of their first year, and accepted students will matriculate in their second year.</p> Signup and view all the answers

<p>The admission cycle changes will go into effect for first-time, first-year UVA students in the fall of 2024.</p> Signup and view all the answers

<p>The admission cycle changes will go into effect in the fall of 2024.</p> Signup and view all the answers

<p>The McIntire School of Commerce is adopting a three-year undergraduate curriculum.</p> Signup and view all the answers

<p>The transition was prompted by shifts in the business landscape.</p> Signup and view all the answers

<p>Students will apply at the end of their first year.</p> Signup and view all the answers

<p>Accepted students will matriculate in their second year.</p> Signup and view all the answers

<p>A joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership).</p> Signup and view all the answers

<p>Shareholders are able to transfer their shares to others without any effects to the continued existence of the company.</p> Signup and view all the answers

<p>In modern-day corporate law, the existence of a joint-stock company is often synonymous with incorporation (possession of legal personality separate from shareholders) and limited liability (shareholders are liable for the company's debts only to the value of the money they have invested in the company).</p> Signup and view all the answers

<p>Joint-stock companies are commonly known as corporations or limited companies.</p> Signup and view all the answers

<p>Yes, some jurisdictions still provide the possibility of registering joint-stock companies without limited liability.</p> Signup and view all the answers