With perpetual existence, the death or retirement of a shareholder:
a. brings about the termination of the corporation if the shareholder had more than a 30% share b. brings about the termination of the corporation
c. brings about the termination of the corporation in a five year period
d. brings about the termination of the corporation if the shareholder had more than a 10% share e. none of the other choices are correct
e
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A building was purchased for $230,000 . It currently has accumulated depreciation of $40,000 and had a residual value of $50,000 . Assuming the use of straight-line depreciation, its estimated useful life must have been
a. 5 years. b. 10 years. c. 14 years. d. impossible to determine from the facts given.
Spencer gave all his employees low ratings on their performance appraisals. While the employees had met their objectives for the quarter and several had exceeded their sales goals, Spencer felt that everyone could have worked harder than they did. He does not have any evidence that his employees slacked off during the quarter, he just has a feeling that more could have been done. Spencer’s performance appraisals violate the __________ part of the OUCH test.
A. Objective B. Uniform in Application C. Consistent in Effect D. Has Job Relatedness E. None of the above
Which of the following would be thought of as a typical entrepreneur?
a. George W. Bush b. Homer Simpson c. Kofi Annan d. Richard Branson
Which of the following is the most likely advantage of using foreign acquisitions or greenfield plants as a foreign entry mode?
A. They are based on contracts rather than ownership. B. They require low amounts of investments in terms of capital. C. They reduce a firm's exposure to loss of reputation. D. They are easy to initiate and terminate.