Under the Model Business Corporation Act (MBCA), a subscription to buy stock in a corporation that is not yet in existence is usually treated as a(n) ________ until incorporation is completed.
A. promissory bid
B. acceptance
C. offer
D. illegal bond
Answer: C
Business
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If the salesperson talks and the buyer only listens, ________ has occurred.
A. non-communication B. distortion C. noise D. one-way communication E. hard-sell communication
Business
Companies that use brand ambassadors are most likely involved in ________ marketing
A) ambush B) spam C) buzz D) viral E) database
Business
Procedures designed to protect cash from theft and misuse from the time it is received until it can be deposited in a bank are called
A) accounting controls B) cash controls C) preventive controls D) detective controls
Business
Whenever you have to communicate bad news, you have a communication challenge
Indicate whether this statement is true or false.
Business