Which of the following is not a characteristic of the legal environment of business?
A) adherence to autocratic doctrine
B) critical thinking skills
C) an understanding that the law is dynamic
D) real-world problems
A
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Massachusetts courts require that the parties expressly create a(n) ________ before a corporation can be held liable for preincorporation contracts.
A. adoption agreement B. operating agreement C. incorporation regulation D. novation
Allman, Inc, enters into a call option contract with Betts Investment Co on January 2, 2014 . This contract gives Allman the option to purchase 1,000 shares of Upmann stock at $100 per share. The option expires on April 30, 2014 . Upmann shares are trading at $100 per share on January 2, 2014, at which time Allman pays $200 for the call option. Using the information above, the 1,000 shares of
Upmann stock in this contract is referred to as the a. collateral. b. notional amount. c. option premium. d. derivative.
What personal factors help shape your selection of a target industry in addition to your own person enthusiasm and passion for a particular set of products or services:
a. Your own work experience b. Your educational experience, including business or technical skills c. A family business (your family!) d. All of the above
List the three kinds of inventory accounts that are used by manufacturing companies. Briefly discuss what each account includes
What will be an ideal response