All of the following business forms offer limited liability except the
A. corporation.
B. limited liability company.
C. S corporation.
D. partnership.
Answer: D
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XYZ Equipment, a firm that produces manufacturing equipment for various industries, experiences an influx of new sales employees due to a recent expansion. Despite possessing a vast amount of sales experience, most of the new employees perform poorly. This is because the new recruits possess inadequate technical knowledge about the products sold by XYZ Equipment. To address the issue, the HR department decides to implement a training program using the instructional design process. As part of the process, the HR department's first step should be to
A. announce the objectives of the training program. B. chart the methods that should be used to train the sales representatives. C. identify what the sales representatives will need to learn. D. identify senior product engineers to train the sales representatives. E. ensure that sales representatives do not feel undervalued.
Which of the following products is most likely to be sold using an exclusive distribution strategy?
A) designer luggage B) cigarettes C) alcoholic beverages D) car fuel E) medicine
If the schedule of accounts receivable and the Accounts Receivable balances do not agree, you should
a. verify all math computations; b. verify the totaling of the schedule; c. verify the postings to the accounts receivable ledger; d. verify the postings to Accounts Receivable in the general ledger; e. do all of these.
Mark wanted to make some extra money, so he went door-to-door in his neighborhood asking residents if they had any small jobs that they could hire him to perform. Mark had no idea of whether anyone had any jobs for him, so he picked the houses randomly and knocked on the doors to see if anyone was home and perhaps interested in his services. In terms of the personal selling process, Mark was engaged in ________ when he knocked on a prospective customer's door.
A. stimulus-response selling B. handshaking C. traffic generation D. cold canvassing E. closing