The corporate form of organization offers which of the following disadvantages?
a. dissolution upon the death of a stockholder
b. attorney's fees
c. limited life
d. unlimited liability
b
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There is no strong worldwide political consensus in favor of local environmental, labor, and consumer regulation, so there is no opposition to free trade agreement and the World Trade Organization that will be major engines for deregulation.
Answer the following statement true (T) or false (F)
Answer the following statements true (T) or false (F)
An argument against lease capitalization was that the use of present value discounting techniques introduced less reliable accounting numbers into the financial statements.
In the current rate, assets and liabilities translated
A. at the rate in effect the day the balance sheet is produced. B. at the LIBOR rate on the day before the translation is prepared. C. at the rate in effect the day the original transaction was posted. D. using an average of the rate of the preceding 10 days.
One of the fastest growing industries in the last twenty years is the memory chip industry, which supplies memory chips for personal computers and other electronic devices. Yet the average profitability for this industry has been very low. Using the industry analysis framework, list all the potential factors that might explain this apparent contradiction