A contract is formed by the performance of the requested act in what kind(s) of contract?
A) Unilateral B) Bilateral
C) Both A and B D) Neither A nor B
A
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Which of the following criteria must be met for a company to be an S corporation?
A) Shareholders must be other corporations or partnerships. B) Nonresident aliens cannot be shareholders. C) The corporation must have more than 100 shareholders. D) The corporation must have more than one class of stock.
The basis for applying strict liability is an intentional wrongful act.
Answer the following statement true (T) or false (F)
Positive consequences that motivate behavior are referred to as
A. regulators. B. benefactors. C. reinforcers. D. effectors. E. sanctions.
In a small firm, the creditor accounts are placed in ________ order in the accounts payable ledger.
Fill in the blank(s) with the appropriate word(s).