A corporation is required to have at least one class of stock with voting rights
a. True
b. False
Indicate whether the statement is true or false
True
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Answer the following statements true (T) or false (F)
1. One responsibility of a nonprofit chief executive officer is to select new members of the board of directors. 2. A chief executive officer’s responsibilities include both managing and leading the organization. 3. Trait theories emphasize the business experience of the nonprofit leader. 4. Behavior theories include task and relationship activities. 5. Servant leadership places emphasis on values and commitment.
Preprinted forms whose terms the consumer cannot negotiate, and must sign in order to obtain a product or service are referred to as ________
A) contracts of adhesion B) quasi-contracts C) contracts in restraint of trade D) voidable contracts
A(n) ________ is a clause in an instrument that permits the maker to pay the amount due prior to the date of the instrument
A) prepayment clause B) acceleration clause C) extension clause D) forestallment clause
A form of low-risk and capital-free entry into international markets that includes local manufacturing is referred to as
A. licensing. B. direct exporting. C. joint ventures. D. direct ownership. E. indirect exporting.