The merchant courts were established because of the unfair results and limited remedies available in the chancery courts.
Answer the following statement true (T) or false (F)
False
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Regarding relevant nonfinancial information, which of the following statements is incorrect?
A) Nonfinancial, or qualitative, factors play a role in managers' decisions and, as a result, can be relevant. B) Relevant qualitative information has the same characteristics as relevant financial information. C) Managers must always consider the potential quantitative and qualitative effects of their decisions. D) Qualitative factors can be ignored because these factors are difficult to measure.
Choose the correct word or words in parentheses. (Us, We) interns share information about our assignments
The Model Business Corporation Act states: "All corporate powers shall be exercised by or under the authority of, and the business and affairs of the corporation managed by or under the direction of its:
a. shareholders.". b. officers.". c. board of directors.". d. executive committee.".
Lenora signs a note "payable to the order of Medical Account Collection Agency." Unless Lenora has a valid defense against payment, Lenora's liability on this note is A) immediate
B) imposed only after payment is demanded. C) postponed until the note is dishonored by the payee. D) suspended until payment is due.