Which of the following statements about types of business entities is true?
A. Sole proprietorships are subject to double taxation.
B. For accounting purposes a sole proprietorship is not a separate entity from its owner.
C. Ownership in a partnership is represented by having shares of capital stock.
D. One advantage of a corporation is ability to raise capital.
Answer: D
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Provincial legislatures can only validly make laws concerning those matters that the Federal Government allows them to regulate
Indicate whether the statement is true or false
The Reform Act provides a safe harbor eliminating civil liability if a forward-looking statement is:
A) material. B) made with the assumption that it was not false or misleading. C) identified as a forward-looking statement and is accompanied by meaningful cautionary statements. D) made in connection with an initial public offering or a tender offer.
Melissa has been given a horse and needs to buy a new Western saddle. She has narrowed the brands of saddles she is considering down to Dale Chavez, Abetta, and Big Horn. These three brands of Western saddles represent Melissa's
A. evaluative criteria B. dissonance suppressors C. discretionary discriminators D. discriminatory set E. evoked set
A group performance-based pay plan is superior to an individual plan when production methods and labor mix must change to meet changing pressures.
Answer the following statement true (T) or false (F)