In the early history of corporations, what was the primary purpose of shares?
a. To raise capital and provide a return on that investment
b. To encourage innovation
c. To allow outsiders to control a corporation’s major decisions
d. To implement social good by a corporation
Ans: A
You might also like to view...
Which of the following is considered as the implementation stage of the marketing strategy?
A) establishing core strategy B) creating objectives C) determining customer targets D) employing the marketing mix
On February 15, Jewel Company buys notes of Marcelo Corp. for $200,110. The investment is classified as long-term available-for-sale securities. This is the company's first and only investment in available-for-sale securities. The journal entry to record the purchase on February 15 is:
A. Debit Debt Investments-Trading $200,100; credit Cash $200,100. B. Debit Debt Investments-Trading $200,110; credit Notes Payable $200,110. C. Debit Long-Term Investments-AFS $200,110; credit Cash $200,110. D. Debit Debt Investments-HTM $200,100; credit Cash $200,100. E. Debit Debt Investments-AFS $200,110; credit Notes Payable $200,100.
This sentence has correct punctuation: "The telephone rang incessantly in the conference room: Would the speaker have to stop her presentation?"
a. true b. false
Initiating a handshake when you meet your interviewer exhibits professionalism and confidence
Indicate whether the statement is true or false