When a third party, based on all of its transactions with the enterprise, acts as if it were doing business with a corporation, the third party is prevented from claiming that the enterprise is not a corporation because a(n) __________ has been formed
a. partnership by estoppel
b. corporation de facto
c. corporation de jure
d. corporation by estoppel
d
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The ________ is the ratio of the market share index to the share potential index
A) share development index (SDI) B) market development index (MDI) C) business share index (BSI) D) market share index (MSI) E) sales growth index (SGI)
During the meeting with Kevin, one of Commodore's auditors, he urges Ron to get his buyers to "take title" to products and to provide documentation before Ron "books and holds" the sales in advance of actual financial transactions. In this case, the auditor is seeking information to reduce
A. risk. B. expenses. C. debt. D. assets. E. profits.
The General Assembly of the United Nations (UN) is ________.
A. a special task committee that addresses the socioeconomic problems of the United States B. the legislative body of the UN that is composed of all UN member nations C. a group of 15 member nations that is primarily responsible for maintaining international peace and security D. an autonomous committee that administers the day-to-day operations of the UN
A perfect market is one in which:
A. there are no competitive advantages or asymmetries because all firms have equal access to all the factors to production. B. one firm develops an advantage based on a factor of production that other firms cannot purchase. C. one participant in the market has more resources than the others. D. competition is at a minimum, as each niche market within an industry is served by the company with the greatest competitive advantage.