Debts of a corporation are not the personal debts of the corporate officers and shareholders
Indicate whether the statement is true or false
False
You might also like to view...
Corporation ABC is in a highly competitive industry. NGO pressure has been exerted to have this industry change its sourcing policies. ABC decides to publicly announce that it is the first in the industry to change in sourcing policy. Spar and LeMure define this as a ________ response type used to gain a ________ advantage over others in the industry.
A) competitive; pre-emption B) resistance; pre-emption C) pre-emption; competitive D) capitulation; competitive E) resistance; collective
Which concept is not an integral part of an audit?
a. evaluating internal controls b. preparing financial statements c. expressing an opinion d. analyzing financial data
A theory developed by Eli Heckscher and Bertil Ohlin at the Stockholm School of Economics suggests that differences in resource endowments will make developed countries more likely to trade with developed countries whose resource endowments are likely to be very similar, than with developing countries whose endowments are dissimilar.
Answer the following statement true (T) or false (F)
When a presiding officer accepts a fact as true, without supporting evidence, because
that fact is commonly known to be true by average persons and experts in the field, this is called: a. organizational notice b. judicial notice c. official notice d. executive notice