Which of the following is not a characteristic of a corporation?
A) Corporations are organized as a separate legal taxable entity
B) Ownership is divided into shares of stock.
C) Corporations experience an ease in obtaining large amounts of resources by issuing stock.
D) A corporation's resources are limited to their individual owners' resources.
D
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A principal who signs a contract with a third-party is obligated to perform that contract
Indicate whether the statement is true or false
The new UCC's sale of goods provisions are called Article 2A
Indicate whether the statement is true or false
A protocol
a. is a manufacturer's strategy for interconnecting its equipment b. is a set of detailed rules for communicating c. applies only to computers on a network d. is never proprietary