Ruby Red Corporation has six shareholders, four of whom are members of the same family. All of Ruby's shareholders agree in writing to operate without shareholders' meetings. Under the Revised Model Business Corporation Act, this most likely warrants

A. no penalties or sanctions.
B. the imposition of a fine on Ruby.
C. the imprisonment of Ruby's shareholders.
D. the piercing of Ruby's corporate veil.


Answer: A

Business

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John recently received his CPA license and plans to run a small tax consulting business, so he just put up a website. What advantage does his business have over larger competitors?   

A. It has greater access to capital. B. It has superior distribution. C. It has more access to young talent. D. It can change direction quicker. E. It has well-defined bureaucratic systems.

Business

The negotiation training stresses that sales representatives should avoid making price the focal point of the presentation. This requires the sales representatives to refocus on:

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Which of the following factors is a demographic component of an organization's external environment?

A. lifestyles and behavior B. political stability C. geographic location D. stock market fluctuations

Business

A recursive foreign key is a foreign key in a relation that references the primary key value of the same relation

Indicate whether the statement is true or false

Business