Which of the following statements is true of shareholders in a public stock company?

A. They are appointed by a board of directors to oversee the company's management.
B. They are the centerpiece of corporate governance.
C. They directly supervise and coordinate the manufacture of products and delivery of services.
D. They are granted a charter of incorporation by the state and legally own company stock.


Answer: D

Business

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Use the following information to answer the following questions. Izabelle and Marta are forming a partnership. Izabelle will invest a piece of equipment with a book value of $5,000 and a fair market value of $15,000. Marta will invest a building with a book value of $30,000 and a fair market value of $35,000. At what amount will Marta's capital account be recorded?

A) $50,000 B) $15,000 C) $30,000 D) $35,000

Business

Great Looks Clothing Corporation sends daily e-mail ads to its previous customers and those who have opted to receive the notices.Hot Trends Inc sends e-mail ads to any e-mail address that Hot Trends can find on the Web or otherwise generate. Ilene sends e-mail notes to her friends, relatives, and co-workers, discussing personal issues and recommending products or services that she likes. Federal

law preempts state antispam laws a. with no exceptions. b. except for laws that require the use of spam by business entities. c. except for statutes that ban the use of spam altogether. d. except for provisions that prohibit false and deceptive e-mailing practices.

Business

The cost of capital reflects the cost of funds over the long-run measured at a given point in time, based on the best information available

Indicate whether the statement is true or false

Business

CERCLA Liability applies to: A)?Corporate board members

B)?Corporate successors. C)?Corporate officers. D)?All of the above

Business