What is the term used to describe the right side of a T-account?
A. Claims Side
B. Equity Side
C. Credit Side
D. Debit Side
Answer: C
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Generally, the secretary of state may commence an administrative proceeding to dissolve a corporation when the corporation:
a. does not pay franchise taxes or penalties immediately when due. b. does not deliver its annual report within ten days after it is due. c. is without a registered agent in the state for more than 60 days. d. All of these.
The unlawful transfer, rerouting, transshipment or re-exporting of controlled goods or technology from one approved destination to another destination that has not been approved is:
a. a redirection. b. an illegal destination shift. c. a diversion. d. a delivery fraud.
Ethics is
A. the minimum acceptable standard in business practice. B. not synonymous with law. C. universal and cannot differ between cultures. D. impossible to codify into law.
Action taken by private citizens may constitute state action if the state has significantly encouraged the challenged private action
Indicate whether the statement is true or false