The major disadvantage of the corporate form of business organization is:
a. double taxation
b. limited liability.
c. difficulty in raising capital.
d. all of the above.
a
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Typically a corporation's board of directors would not make which one of the following decisions?
A) compensation for the president of the corporation B) who can purchase the corporation's common stock C) determine long-term corporate policy D) decide whether to build a new $1 billion casino or not
Why is tourism so important to the economies of most of the Southern European counties?
What will be an ideal response?
"Mom-and-Pops" and the highway motels that they once operated are a historical note, replaced by franchised/chain names, but the individual properties might still be owned individually
Indicate whether the statement is true or false
A beer’s malt and hops both work to
a. add sweetness b. add bitterness c. counterbalance one another d. add alcohol