Describe the array of advantages of a corporation.
What will be an ideal response?
Limited liability is an important advantage of the corporate form of business organization. Limited liability is a feature of corporate ownership that limits each owner's financial liability to the amount of money that he or she has paid for the corporation's stock. Also, the greater ease of raising capital, the ease of transfer of ownership, perpetual life of the corporation, and the ability to include specialized management in the organization are all advantages of the corporate form of business ownership.
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Explain why electronics and pharmaceuticals manufacturers use customer-driving marketing
What will be an ideal response?
An offer can be communicated by words or by conduct
Indicate whether the statement is true or false
The requirements for a patent include all of the following EXCEPT A) the invention must be novel
B) the invention must be nonobvious. C) the invention must be commercially valuable. D) the invention must be useful.
In seeking potential stock investments, most analysts look for companies that have PEG ratios that are equal to or less than one
Indicate whether the statement is true or false.