Which of the following is true for legally claiming a reward?
A) A promise of completing the requested act is sufficient for a claimant to claim the reward.
B) Knowledge of the reward before completing the requested act is necessary to claim the reward.
C) The claimant can claim the reward even if he or she came to know of the reward subsequent to completing the act.
D) The offeror cannot withdraw the reward once the offer has been placed in the public domain.
B
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What are the three branches of the federal government and what are the prime responsibilities of each?
What will be an ideal response?
Which of the following statements is TRUE of a corporation?
A) Shareholders can be required to pay debts of the corporation. B) Shares of stock cannot be readily purchased and sold by investors on an organized stock exchange. C) Shareholders are authorized to sign contracts or make business commitments on behalf of the corporation. D) Corporations pay income tax on corporate earnings, and shareholders pay income tax on the dividends received.
If a company has no preferred stock, basic earnings per share is equal to net income divided by the number of weighted average common shares outstanding.
Answer the following statement true (T) or false (F)
At what stage of starting and running your business should you inform investors of your exit strategy? It should be ________.
A. in the business plan B. in your first annual report C. when you are ready to exit the business D. the years sales peak