A job applicant appears for an interview in wrinkled clothing. What nonverbal message is the interviewer most likely to receive?
a. He didn't care enough to look his best.
b. He will dress better once hired.
c. He is a busy person.
d. He is not concerned about physical appearance.
A
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The system of disclosure largely in effect today is called:
a. selective disclosure. b. conventional disclosure. c. differential disclosure. d. standard disclosure.
Which of the following is not characteristic of a corporation?
A) The financial loss that a stockholder may suffer from owning stock in a public company is limited. B) Cash dividends paid by a corporation are deductible as expenses by the corporation. C) A corporation can own property in its name. D) Corporations are required to file federal income tax returns.
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Indicate whether the statement is true or false
On January 30, Juan receives a nontaxable distribution of stock rights from Platinum Corporation. Each right entitles the holder to purchase one share of stock for $40. One right is issued for every share of stock owned. Juan owns 100 shares of stock purchased two years ago for $4,000. At the date of distribution, the rights are worth $1,000 (100 rights at $10 per right) and Juan's stock in Platinum is worth $5,000 (or $50 per share). On December 1, Juan sells all 100 stock rights for $12 per right. How much gain does Juan recognize on the sale?
A. $1,200 B. $533 C. $400 D. $0 E. None of these.