B corporations have no duty to maximize shareholder value even when there is a change of control

a. True
b. False
Indicate whether the statement is true or false


True

Business

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The inventory that companies hold to protect themselves against uncertainties in either demand or replenishment time is called:

A) safety stock. B) anticipation inventory. C) hedge inventory. D) smoothing inventory.

Business

The legally binding agreement that is the essence of a contract is reached though a process of:

a. offer and rejection b. offer and bargaining c. offer and acceptance d. acceptance and offer e. offer and compliance

Business

Tucker (age 52) and Elizabeth (age 48) are a married couple. Tucker is covered under a qualified retirement plan at his job and earned $90,000 in 2018. Elizabeth is employed as a lab technician and earned $30,000 but is not covered under a qualified retirement plan. They file a joint return; have interest and dividend income of $25,000. What is the maximum amount of tax deductible contributions that may be made to a traditional IRA?

A. $5,500 B. $12,000 C. $0 D. $11,000

Business

The median is the ________ percentile in the data set

A) 25th B) 50th C) 75th D) 100th

Business