What class of stock do S corporations and LLCs have?
a. Common
b. Preferred
c. Diluted
d. Inflated
a. Common
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The CEO of a defense industry contractor company discovers, through some internal audits, that significant amounts of unsupported and unethical cost inflation have been going on in her company. As a result, she chooses to sign the Defense Industry Initiative. Which of the following will result from her decision?
a. a voluntary commitment to create a written business ethics code b. a legal requirement to allow inspections by an independent regulatory agency c. a voluntary commitment to reduce the CEO to employee compensation ratio d. a legal requirement to establish an internal ethics program
ABC operates a factory in the United Kingdom. Because the company’s existing factory doesn’t have the capacity to meet the future demands, it is considering various options. Consider the payoff matrix that shows the payoff for each combination of decision and state of nature. Determine the best alternative using the maximax criterion.
A. expand current facility
B. build small factory
C. build large factory
D. determine a new alternative
Mary is a financial advisor for an investment firm. Her formal business attire reflects and reinforces the firm's conservative culture. Furthermore, Mary engages clients, coworkers, and superior managers in a professional and respectful manner. Mary is participating in
A. organizational language. B. rites of integration. C. organizational socialization. D. rites of passage. E. rites of enhancement.
An agent is strictly liable for any intentional or innocent misrepresentation made by the principal in a transaction.
Answer the following statement true (T) or false (F)