A disadvantage of the corporate form of business entity is
A) mutual agency for stockholders
B) unlimited liability for stockholders
C) corporations are subject to more governmental regulations
D) the ease of transfer of ownership
C
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The McDonald's fast-food restaurant chain uses Ronald McDonald, a clown, as its primary character. Which message execution style is used by McDonald's?
A) technical expertise B) lifestyle C) personality symbol D) image E) slice of life
Indicate on the blanks below the letter of the type of activity (O = operating activity, F = financing activity, I = investing activity, N = noncash transaction) each of the following transactions represents. _____ 1. Firm sold 8,000 shares of its own common stock for cash. _____ 2. Sold $200,000 worth of products for cash. _____ 3. Paid $120,000 dividend. _____ 4. Received $1,500 in interest
income. _____ 5. Exchanged 6,000 shares of stock for 15-year bonds. _____ 6. Paid $121,000 to the U.S. Treasury for income taxes. Fill in the blank(s) with correct word
The success of the fast-food industry in the United States is directly related to
a. the fact that people of the United States are rather informal when compared to people of other countries. b. semantic differences of the United States compared to other cultures. c. the value U.S. Americans place on time. d. the attitude U.S. Americans have toward work.
Anchored data types are similar to arrays used on other languages.
Answer the following statement true (T) or false (F)