A stock subscription agreement does not usually include the

A. subscriber’s name and address.
B. name of the corporation.
C. number and class of the shares subscribed to.
D. rules and guidelines for the internal governance of the corporation.


D. rules and guidelines for the internal governance of the corporation.

Business

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Treasury stock costing $89,050 was sold for $94,375 cash. Which of the following statements accurately describes the reporting of this transaction within the cash flow statement assuming that the indirect method is used to determine net cash flows from operating activities?

A. There is no adjustment necessary to net income but a $94,375 cash inflow is reported within the financing activities section of the cash flow statement. B. A gain of $5,325 is deducted from net income and a $94,375 cash inflow is reported within the financing activities section of the cash flow statement. C. There is no adjustment necessary to net income but a $94,375 cash inflow is reported within the investing activities section of the cash flow statement. D. A gain of $5,325 is deducted from net income and a $94,375 cash inflow is reported within the investing activities section of the cash flow statement.

Business

If a company is concerned about minimizing its income tax burden, it would use the straight-line depreciation method to accomplish this objective

a. True b. False Indicate whether the statement is true or false

Business

In deciding on the right balance between control and flexibility in a channel, marketing managers must consider ________.

A. the right pull strategy B. the type of channel power to be used C. the type of products involved D. utilizing software applications E. employing enterprise resource planning systems

Business

Jonas is the marketing manager in a firm that sells air pollution control systems to the coal-fired power industry. His business is highly competitive, with existing rivalries and new players. Coal-fired power plants are being shut down in favor of substitute forms of energy, e.g., wind and natural gas. Thus, new project opportunities in coal-fired power plants are rare. His clients (electric utility companies) have many choices of providers and technologies. Jonas's firm has long-term pricing agreements with its equipment suppliers, so Jonas knows what external costs his firm will incur on potential new projects. The competitive force that appears to represent the lowest risk to Jonas's firm is

A. competition between existing rivals. B. impact of new competitors. C. power of customers. D. power of suppliers. E. impact of substitute or complement services or products.

Business