Loni, Michel, and Nita are investors in Oceanic Exploration, a business trust. A business trust is managed by its
A. directors and officers.
B. general partners.
C. managing members.
D. trustees.
Answer: D
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Fargo Company's outstanding stock consists of 400 shares of noncumulative 5% preferred stock with a $10 par value and 3,000 shares of common stock with a $1 par value. During the first three years of operation, the corporation declared and paid the following total cash dividends. Dividend Declaredyear 1$20,000year 2$6,000year 3$32,000The amount of dividends paid to preferred and common shareholders in year 1 is:
A. $4,000 preferred; $16,000 common. B. $200 preferred; $19,800 common. C. $17,000 preferred; $3,000 common. D. $10,000 preferred; $10,000 common. E. $20,000 preferred; $0 common.
NAICS is an industry classification system used by most nations of the world.
Answer the following statement true (T) or false (F)
Examples of external forces for change include all of the following except:
A. economic B. technology C. social and political change D. process problems
Markets that deal with one industry or industry segment are
A) supply chain markets. B) vertical marketplaces. C) horizontal marketplaces. D) production chain marketplaces.