If a person who has been declared incompetent by the courts enters into an agreement, that agreement is void, because it does not meet all the requirements of a binding contract

a. True
b. False
Indicate whether the statement is true or false


True

Business

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Which of the following entity characteristics are generally key drivers for small business owners in deciding which entity to choose?

A. Liability protection. B. Required accounting period. C. Rate at which income from entity will be taxed. D. Rate at which income from entity will be taxed and liability protection. E. Rate at which income from entity will be taxed and required accounting period.

Business

Which of the following actions does NOT reduce retaliation charges?

A. Taking no adverse action against employees when they file complaints. B. Publicizing employee complaints to place other employees on notice. C. Being consistent and objective in the treatment of employees. D. Harboring no animosity toward employees if they file discrimination lawsuits.

Business

The first step in Block's framework of the political process as applied to stakeholder management is to:

A) Assess your own capabilities. B) Assess the environment. C) Identify the goals of the principal actors. D) Define the problem.

Business

The patent for the Coca-Cola formula expired in 1907

a. True b. False Indicate whether the statement is true or false

Business