Bret and Courtney form Delite Day Care, Inc. Ultimate responsibility for policy decisions necessary to the management of corporate affairs rests with Delite's
A. board of directors.
B. incorporators.
C. officers.
D. shareholders.
Answer: A
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Outsourcing allows a client to know exactly what the cost of its IS functions will be over the period of the contract, which is usually several years. This allows for better _____.
Fill in the blank(s) with the appropriate word(s).
Preferred stockholders
a. often have rights over common stockholders to the assets of the corporation in the event of liquidation. b. usually have rights to dividends in arrears before dividends can be paid to common stockholders. c. Neither of these is correct. d. Both of these are correct.
A quitclaim deed offers the most protection against defects in the title
a. True b. False Indicate whether the statement is true or false
Suppose Jim is seriously injured by his new chain saw. If the sales contract excluded any damages from recovery, courts would hold that contract:? A) enforceable depending on FTC guidelines
B)unconscionable under the CISG.? C)is enforceable under UCC Article 2.? D) unconscionable and unenforceable.