Which of the following types of corporations sells shares to people who often have little interest in it except as investors?

A. Nonprofit corporations
B. Closely held corporations
C. Municipal corporations
D. Publicly held corporations


Answer: D

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Local communities are stakeholders of organizations because communities

A. rely on the products the companies produce. B. rely on the tax base from companies and the jobs the company provides. C. wish to join forces with organizations to create strategic alliances. D. need a major corporate presence to maintain federal funding of the local highway system. E. prefer products made by large multinational organizations over locally made products.

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Answer the following statement(s) true (T) or false (F)

1. A temporary group activity designed to produce a unique product, service, or result is referred to as a project. 2. Projects feature a defined beginning, but rarely have a well-defined end. 3. Projects are widely viewed as routine activities. 4. A work breakdown structure is a set of project task descriptions. 5. CPM, in a project management context, refers to the Critical Path Method.

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The newest version of the ABA Model Rules is known as __________.

Fill in the blank(s) with the appropriate word(s).

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In Arthur J, Gallagher v. Babcock, where Babcock quit working for Gallagher and went into competition, drawing away clients, and Gallagher sued to enforce a non-solicitation and non-competition agreement, the courts held that the agreements violated provisions of the antitrust statutes that prohibit overly restrictive restraints on competition

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

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