Commerce & Trade Corporation and Distance Shipping & Transport, Inc, form a business trust. eCharge Auto Company and Fleet Electric Corporation form a joint stock company. Green AgriCorp and Harvest Farms, Inc, form an in-corporated cooperative. What features do these combinations of business organization have in common?
There are differences among these forms of business organiza-tions, but all of them resemble corporations. For example, the joint stock company features ownership by shares of stock, management by directors and officers, and perpetual existence. Similar to a corporation, a business trust distributes profits to persons who are not personally responsible for the debts of the firm, and the management of the business is accom¬plished by trustees (a corporation is managed by its directors and officers). An incorporated cooperative, which is subject to state laws covering non¬profit corporations, distributes profits to its owners.
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Indicate whether the statement is true or false.
Which of the following options is not one of the six fundamental mistakes that negotiators make that can derail the negotiation process and result in impasse?
A. neglecting BATNAs B. neglecting the other side's problem C. positions over interests D. not enough focus on price
A function of an expert location system is to ________
A) mimic the reasoning of a human expert, drawing from a base of knowledge about a particular subject area to come to a decision or recommendation B) analyze the popularity of products through market-basket analysis C) find people in an organization with specific types of skills D) locate a person's whereabouts through the geographic navigation system
Bob, an employee of Modern Corp., receives a fringe benefit (in lieu of a salary increase) of $1,000. Bob is in a 32% tax bracket. The fringe benefit is nontaxable to Bob. If he had instead paid for the benefit out of his own money, the cost would not be deductible. Bob's after-tax savings from receiving the tax-free benefit is
A. $1,000. B. $320. C. $680. D. $0.