The corporation can be created only by statute. 

Answer the following statement true (T) or false (F)


True

Business

You might also like to view...

________ allow respondents to answer in their own words and often reveal more about how people think

A) Open-end questions B) Dichotomous questions C) Likert scale questions D) Multiple choice questions E) Semantic differential questions

Business

Solara Company entered into a contract with Hammer Construction Company to construct a building. Construction began in 2014 and was completed in 2015 . As of January 1 . 2015, Solara had made total progress payments to Hammer of $50,000 . In addition, interest capitalized on the building during 2014 was $2,500 . Solara made additional payments on June 30, 2015, and December 31 . 2015 . Solara had

issued $80,000 of 9% bonds to finance part of the construction. The average interest on Solara's additional debt was 11% for 2015. How much interest should be capitalized by Solara for 2015? a. $6,750 b. $6,975 c. $13,500 d. $13,725

Business

In planning a sales presentation, the salesperson should think of reasons why a prospect might not buy.

Answer the following statement true (T) or false (F)

Business

Which of the following statements is true regarding management of investments?

A. Total return targets should be determined based solely on maximizing return. B. Derivatives are reported at fair value on the financial statements. C. Arbitrage rules apply only to general obligation bonds issued by governments. D. A sound investment strategy focuses on long-term returns of the fund.

Business