Corporations are chartered either with perpetual life or with the provision for renewal if the charter specifies a limit, irrespective of the deaths of any stockholders, or disposal of their stock
a. True
b. False
Indicate whether the statement is true or false
True
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Promotion-from-within policies must ________, coupled with a company philosophy that permits employees to consider available opportunities within the organization.
A. comply with all state laws B. receive strong top management support C. anticipate training needs D. respect seniority position
Of all the consumers who may be dissatisfied with a product or service, research indicates that about ________ will complain
A) 4% B) 20% C) 35% D) 60%
Malcolm would like to purchase life insurance. He is concerned that he might need additional life insurance in the future and that he might be uninsurable at that time
What provision can Malcolm add to his life insurance policy that will permit him to purchase additional life insurance at specified times in the future without providing evidence of insurability? A) double indemnity rider B) guaranteed purchase option C) waiver-of-premium provision D) accelerated death benefits rider
If Neal O'Danny preferred stock pays an annual dividend of $2.80, and investors require a 9% return, what is
the value of O'Danny's preferred stock today? What will be an ideal response?