Damage from floods and earthquakes is covered by a special form of insurance coverage. A small business owner, who chooses, may purchase it in addition to basic insurance.
Answer the following statement true (T) or false (F)
True
Damage from floods and earthquakes is covered by a special form of insurance coverage. A small business owner, who chooses, may purchase it in addition to basic insurance.
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Various laws and contracts govern the rights and obligations of a shareholder. Which of the following is/are not true?
a. The corporation laws of the jurisdiction in which incorporation takes place govern the rights and obligations of a shareholder. b. The articles of incorporation or the corporate charter sets out the agreement between the firm and the jurisdiction in which the business incorporates. c. The board of directors adopts bylaws, which are the rules and regulations governing the internal affairs of the corporation. d. The jurisdiction grants to the firm the privileges of operating as a corporation for certain stated purposes and of obtaining its capital through the issue of shares of stock. e. none of the above
Hill Co can further process Product O to produce Product P. Product O is currently selling for $60 per pound and costs $42 per pound to produce. Product P would sell for $82 per pound and would require an additional cost of $13 per pound to produce. The differential revenue of producing Product P is $22 per pound
Indicate whether the statement is true or false
Social class as a marketing tool:
a. indicates which medium to use for promotion. b. is solely a measure of income level and education. c. offers few insights concerning consumer behavior. d. has demonstrated that all classes of consumers shop in the same stores.
Limited partners have unlimited personal liability for the debts and obligations of the limited partnership
Indicate whether the statement is true or false