In a professional corporation, the shareholders are responsible for debts of the corporation.

Answer the following statement true (T) or false (F)


False

In case of a professional corporation, the shareholders are not responsible for debts of the corporation. If the corporation fails, shareholders can lose, at most, the value of their investment in the corporation.

Business

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Relate the three classes of buying decisions to the involvement of the customer in making the purchase decision. Provide an example for each type of purchase decision.

What will be an ideal response?

Business

Opening with a set-piece joke usually:

a. relaxes the audience b. works best when members of the audience are the subject of the joke c. both of the above d. none of the above

Business

A note receivable is classified as an asset

Indicate whether the statement is true or false

Business

To protect computer systems from e-mail viruses and hoaxes,

a. open attachments and then command your computer to scan them for virus activity. b. forward questionable messages to the e-mail administrator. c. forward all emailed warnings to those in your address book just in case the threat is real. d. keep in mind that unsolicited e-mails with an ".exe" extension are usually safe to open.

Business