If a contract being executed by an agent is or must be in writing, then the agent's authority must also be in writing.
Answer the following statement true (T) or false (F)
True
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______ are an individual’s fixed beliefs about the characteristics of a particular group.
What will be an ideal response?
Shareholder appraisal rights do not usually extend to short-form mergers.
Answer the following statement true (T) or false (F)
Nash Company acquired Seel Corporation through an exchange of common shares. All of Seel's assets and liabilities were immediately transferred to Nash. Nash's common stock was trading at $25 per share at the time of the exchange. The total par value of Nash's stock outstanding before and after the acquisition was $750,000 and $840,000, respectively. Nash's additional paid-in capital before and after the acquisition were $200,000 and $560,000, respectively.Based on the preceding information, what is the par value of Nash's common stock?
A. $18 B. $5 C. $6 D. $1
If assets are $300,000 and liabilities are $192,000, then equity equals:
A) $108,000. B) $192,000. C) $300,000. D) $492,000. E) $792,000.