If you have children from a previous marriage and you get remarried and own property jointly with your new spouse, then tenancy by the entirety should be sufficient for you if you wish your children to inherit your property
Indicate whether this statement is true or false.
Answer: FALSE
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Sales revenue is an inflow of assets
a. True b. False Indicate whether the statement is true or false
A reference group acts as a point of comparison and as a source of information for an individual.
Answer the following statement true (T) or false (F)
Air Flo, Inc, and Banyan Grove Apartments enter into an oral contract in which Air Flo agrees to provide air-conditioning and heating maintenance for Banyan Grove's facilities for two years. This contract is enforceable by A) Air Flo
B) Banyan Grove. C) any third party, such as a HVAC supplies provider. D) none of the choices.
Answer the following: a. What is a quorum of the board of directors for purposes of conducting corporate business? What do most states and the RMBCA say with regard to what constitutes a quorum? b. The directors of Schmalley's, Inc can't decide whether
to declare a dividend, so the board appoints a committee consisting of the president of the corporation, the vice-president of the corporation, and the treasurer to decide whether to pay a dividend. If the committee wants to declare a dividend, the directors say the officers can pay it immediately before the next board meeting. Is this a permissible delegation of corporate authority? Explain.