A corporation has perpetual existence regardless of what the articles of incorporation state.
Answer the following statement true (T) or false (F)
False
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Clearwater Hampers is a small British company that sells luxury food and drink in various combinations in picnic hampers. Food and wine are seen as classic, fail-safe gifts in a market where present-buying is increasingly tricky. Corporate customers, both in the United Kingdom and abroad, are important to the business. Clearwater has had several orders for more than a quarter of a million dollars. According to the company's leading salesperson, Peter Austin, "We have lots of repeat corporate customers as a result of the importance we place on getting the hampers out on time and filled with the right products."A ________ would provide Peter Austin with information about who makes the buying decisions for a prospective corporate customer, the buyer's background, and what kind of credit and
delivery terms the account requires. A. value analysis B. customer profile C. FAB formula D. SWOT analysis E. customer benefit plan
The fact that administrative agencies may perform the functions of all three branches
of government is called: a. separation of functions b. unification of functions c. combination of functions d. congruence of functions
A push system means providing the next station with exactly what is needed when it is needed
Indicate whether the statement is true or false
On April 1 of the current year, a company traded an old machine that originally cost $32,000 and that had accumulated depreciation of $24,000 for a similar new machine that had a cash price of $40,000.1. Prepare the entry to record the exchange under the assumption that a $5,000 trade-in allowance was received and the balance of $35,000 was paid in cash. Assume the exchange transaction had commercial substance.2. Prepare the entry to record the exchange under the assumption that instead of a $5,000 trade-in allowance, a $12,500 trade-in allowance was received and the balance of $27,500 was paid in cash. Assume the exchange transaction has commercial substance.
What will be an ideal response?