What type of transaction employs special committees made up of disinterested board members who review the transaction to determine if it is entirely fair to the corporation?
A. hostile takeover
B. self-dealing
C. rational business purpose
D. corporate opportunity
Answer: B
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Explain the characteristics of an effective letter rejecting a job applicant
What will be an ideal response?
Currency and demand deposits make up:
a. M1 supply of money b. M2 supply of money c. M3 supply of money d. open-market operations e. the reserve requirement
Margie's stress was present but not problematic for a few weeks. But it has become ____________ now that she is sensing her feelings of security and adequacy.
A. distress B. functional stress C. eustress D. fight-or-flight stress
Juniper Company uses a perpetual inventory system and the gross method of accounting for purchases. The company purchased $9,750 of merchandise on August 7 with terms 1/10, n/30. On August 11, it returned $1,500 worth of merchandise. On August 16, it paid the full amount due. The correct journal entry to record the payment on August 16 is:
A. Debit Cash $8,250; credit Accounts Payable $8,250. B. Debit Accounts Payable $8,250; credit Merchandise Inventory $82.50; credit Cash $8,167.50. C. Debit Accounts Payable $9,750; credit Merchandise Inventory $97.50; credit Cash $9,652.50. D. Debit Accounts Payable $8,167.50; credit Cash $8,167.50. E. Debit Merchandise Inventory $8,250; credit Cash $8,250.