A corporation comes into existence when the
a. application for a charter is filed.
b. state issues the charter.
c. bylaws are adopted.
d. first meeting of stockholders is held.
B
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The most common type of discount is the quantity discount.
Answer the following statement true (T) or false (F)
At the Acme Global Corporation, the human resources department provides limited services to the organization. These services include things like keeping track of job applicants, maintaining employee paperwork, and filing annual performance evaluations. This view of the HR department is consistent with the ______ view of human resource management.
A. 21st century B. traditional C. sustainable D. revenue center Ans: B
Which of the following is the difference between a stock warrant and a stock option?
A) A stock warrant can be freely traded, whereas a stock option cannot be traded. B) A stock warrant can only be issued to employees, whereas a stock option can be issued to anyone. C) A stock warrant authorizes its holder to purchase a stated number of shares at a stated price, whereas a stock option allows its holder to purchase any number of shares at any price. D) Shares bought through a stock warrant can be bought back by the company issuing the shares, whereas shares bought through a stock option cannot be bought back.
A contract must be in writing to be enforceable if performance is impossible within one year.
Answer the following statement true (T) or false (F)