Felicity and Gideon want to form and do business as Home Healthcare Corporation. A corporation is

A. a natural being.
B. a tangible thing.
C. an artificial person.
D. a visible radiance.


Answer: C

Business

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Which of the following is not a current asset?

a. Marketable securities b. Material inventory c. Unearned rent income d. Prepaid interest e. Accrued insurance

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Which of the following specifies exactly what information marketers will collect and what type of study they will do?

A) the research objective B) the environmental context C) the sampling method D) the data collection method E) the research design

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Which of the following conditions would enable higher market share to produce higher profits?

A) when unit costs drop as market share increases B) when unit costs increase as market share increases C) when production volume drops as market share increases D) when production volume remains unaltered as market share increases E) when the company fails to break even

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Sam, or any U.S. citizen, can bring a civil suit in a U.S. court against a foreign entity for

a. a tort allegedly committed in the United States only. b. a tort allegedly committed in the United States or overseas. c. a tort allegedly committed overseas only. d. no purpose.

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