Closely held corporations are subchapter "S" corporations
Indicate whether the statement is true or false
false
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Generally, a seller has no duty to disclose facts. However, there is a duty to disclose information or facts if the disclosure is necessary to:
a. correct a previous assertion. b. correct a basic mistaken assumption on which the other party is relying. c. report a latent defect that the buyer would not be expected to discover. d. All of the above are true.
The enabling statute of an administrative agency requires it to conduct a legislative-type hearing without allowing for cross-examination in adopting its rules. This is:
a. a formal rulemaking process. b. an informal rulemaking process. c. a hybrid rulemaking process. d. an unconstitutional rulemaking process.
Trade dress has the same legal protection as trademarks.
Answer the following statement true (T) or false (F)
Kalder Inc. is using a new just-in-time inventory management system that requires ordering smaller quantities of parts more frequently. The success of its business depends significantly on receiving these parts very quickly, so like many other companies using just-in-time, Kalder Inc. is relying more on the ____ mode of transportation despite its expense.
A. railroad B. pipeline C. airway D. truck E. waterway