Roger is analyzing regional differences in seeking a location for a new firm and is looking at states with favorable tax laws. Based on this information, he should look at which stated?

A. Wyoming
B. Massachusetts
C. Ohio
D. New York


Answer: A

Business

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A firm failing to consider the impacts of their actions on their supply chains is referred to as having a _______.

a. focused mentality b. critical mentality c. sheltered mentality d. silo mentality

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The dollar value of the personal exemptions

A) is positively related to taxable income. B) depends only on the number of adults in the household. C) is positively related to the number of dependents. D) will depend upon your tax credits.

Business

Apparent authority may arise in all but which of the following ways?

A) The acts are customary of an agent in similar positions in an organization. B) The principal has acquiesced to prior similar transactions between the agent and the third party. C) The agent shows the third party a power of attorney from the principal authorizing the agent to enter such a transaction. D) An agent tells the third person she has the authority to transact such business on behalf of the principal.

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A person who knows that an instrument is overdue or has been dishonored cannot become a holder in due course

Indicate whether the statement is true or false

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