Sara decided to incorporate her business under the name Gomo, Inc Before Gomo was incorporated, Sara signed a contract in the name of Gomo, Inc to lease a store front. Sara did not tell the other party that Gomo was not yet formed. Sara is personally liable on the lease
a. True
b. False
Indicate whether the statement is true or false
True
Business
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If the time of the note is stated in days, the due date is the specified number of days after the issue date
a. True b. False Indicate whether the statement is true or false
Business
Dissolution of a partnership only occurs because a partner leaves
Indicate whether the statement is true or false
Business
A business using cash to expand by purchasing land and a building is an example of an operating activity
Indicate whether the statement is true or false
Business
______ learners will carefully listen to what you say to retain the information.
a. Kinesthetic b. Visual c. Read/Write d. Auditory
Business