Which of the following is not one of the seven major segments of the retail industry?
A. electronics and computers
B. specialty stores
C. gasoline and fuel
D. food and beverage
Answer: A
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Answer the following statements true (T) or false (F)
1) A corporation is a business organized under federal law that is a separate legal entity. 2) Most well-known companies are corporations and tend to be large multinational businesses. 3) A corporation is a separate legal entity that is organized independently of its owners. 4) Stockholders of a corporation are not personally liable for the corporation's debt. 5) The stock of public corporations cannot be purchased on a stock exchange.
In more complicated financing arrangements, firms sell batches of receivables to a legally separate entity whose sole purpose is to hold the receivables and issue claims on their cash flows. The entity holding the receivables issues securities to investors in return for cash and transfers the cash to the transferor in payment for the receivables. The investors in securities issued by the entity
receive payments out of the cash flow from the transferred receivables. Common terminology refers to such an entity as a a. special purpose entity. b. pass-through entity. c. tax shelter. d. subsidiary entity. e. securitized entity.
Have you ever been to Georgetown to visit your brother?
A) you; been B) you; have C) you; have been D) you; have ever been
In a lease, the lessee does not acquire title to the leased goods
Indicate whether the statement is true or false