Which of the following is NOT a criterion for selecting suppliers?
a. financial stability
b. technical capabilities
c. service support
d. employee headcount
b. technical capabilities
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Sally goes away to college at 17, lives on her own, and pays her own rent and electric bills. If she makes a contract to buy a television set, in most jurisdictions, she may assert her minority status and set aside the contract
a. True b. False Indicate whether the statement is true or false
Which of the following is true of founders' shares?
A. Founders' shares are certificates that represent ownership in stocks of foreign companies held in trust by the bank that created the founders' shares. B. The terms founders' shares and Euro stocks are used interchangeably. C. Founders' shares are stocks owned by the creators of a company that have sole voting rights but generally pay out only restricted (if any) dividends for a specified number of years. D. Founders' shares are issued by foreign companies and traded in the United States. E. With the exception of shares traded in the United States, any shares that are traded in a country other than the issuing company's home country are called founders' shares.
Reba is a director of Quantum Mechanix Corporation. Reba's rights, as a director, do not include a right to
a. indemnification. b. inspection. c. participation. d. self-dealing.
During the start-up phase of a small business the emphasis is on conserving what little cash the new business has.
Answer the following statement true (T) or false (F)