Which of the following statements is true regarding traditional entrepreneurs?
A. Traditional entrepreneurs start off with the intention of tackling social problems to
bring about change.
B. Traditional entrepreneurs entrench corporate social responsibility into their start-up
business model.
C. Traditional entrepreneurs start off with making profit as a goal.
D. Traditional entrepreneurs start off with the intention of tackling environmental
problems.
C. Traditional entrepreneurs start off with making profit as a goal.
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A corporation issues 1,500 shares of common stock for $ 32,000. The stock has a stated value of $10 per share. The journal entry to record the stock issuance would include a credit to Common Stock for
A) $15,000 B) $32,000 C) $17,000 D) $2,000
U.S. labor relations are exceptional because of the:
A. Low levels of support for unionization and legal rights for unions B. Growing socialist movement C. Management acceptance of unions as part of running a business D. unique strength of the U.S. labor movement when compared to other countries