Which of the following is NOT a characteristic of the corporate form of doing business?

a. Limited liability.
b. Perpetual existence.
c. Informal organization.
d. Transferability of corporate shares.


c

Business

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The existence of diversified companies makes which of the following very difficult?

A) Comparison with industry norms B) The preparation of interim financial statements C) Use of more than one depreciation or inventory method D) The compilation of segment information

Business

John knew he struggled with self-doubt and if he didn’t confront his own trap, he would not be an effective leader. What destructive motivation is John wrestling with?

A. fear of failure B. insecurities C. greed D. ego

Business

A ________ is an incentive to order larger quantities, where the price per unit decreases when the order is sufficiently large

Fill in the blanks with correct word

Business

Explain the purpose of the adversary system in both criminal and civil cases. Use examples and address both of these questions in your answer

a. Why do guilty persons in criminal cases routinely plead not guilty? b. Why do plaintiffs in civil cases who have been injured (i.e., suffered out-of-pocket expense) by the act(s) of the defendant to the extent of, say $25,000, customarily sue for much more, perhaps $250,000?

Business