Stockholders elect the board of directors who then appoint the officers of a corporation

Indicate whether the statement is true or false


True

Business

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The book, Leadership Development in Balance (2005), goes over the author’s viewpoints about the research on inherited and learned leader behaviors. According to the author, this research shows that

a. the concept that people are born with certain leadership predispositions and abilities is a myth b. the personality traits he describes are the key drivers behind leadership success and that it is vain to believe that people can develop leadership skills c. leaders are both MADE and Born d. once people reach adulthood their leadership style is set and is not longer susceptible to being changed by the environment

Business

Describe the three types of environments in which markets operate

What will be an ideal response?

Business

All three activities are passive activities with respect to Nancy. Nancy also has $21,000 of suspended losses attributable to activity C carried over from prior years. During the year, Nancy sells activity C and realizes a $15,000 taxable gain. What is Nancy's AGI as a result of these transactions?

Nancy reports the following income and loss in the current year.



A) $50,000
B) $55,000
C) $64,000
D) $71,000

Business

At the break-even point, the margin of safety will be:

A. equal to fixed costs. B. zero. C. positive. D. negative.

Business