Many states impose no limit on the rate of interest that may be charged on loans to corporations
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
Full-service retailers generally have the lowest costs of all retail types
Indicate whether the statement is true or false
Which of the following statements is true about the ultra vires doctrine?
A. It is the only stringent limitation on the enforceability of contracts entered into by corporations. B. It permits the state attorney general to prevent enforcement of corporate contracts that extend beyond the corporation's authorized powers. C. It permits corporate directors to freely prevent enforcement of unattractive contracts. D. It does not permit the corporation to bring a suit for damages to the corporation against the officers of the corporation who have entered into an ultra vires contract.
Which of the following acts outlawed any distribution or copying of copyrighted material over the Internet regardless of profits or profit-making intent?
A) Computer Software Copyright Act B) No Electronic Theft Act of 1997 C) Digital Millennium Copyright Act D) Copyright Act of 1976
Roland files a petition in bankruptcy. After all his assets have been sold and the proceeds distributed among his creditors, Roland's remaining debts
a. are discharged. b. will be paid by the court. c. must be paid by Roland. d. are put on hold until Roland has sufficient means to pay them.