A court can exercise jurisdiction over a corporate defendant if the court is located in the state in which the corporation has "visible advertising."
a. True
b. False
Indicate whether the statement is true or false
False
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Which of the following below is not a characteristic of a limited liability company?
a. unlimited life b. limited legal liability c. taxable d. moderate ability to raise capital
Prices of shopping products are typically higher than the prices of ________ products but lower than the prices of ________ products
A) unsought; convenience B) convenience; specialty C) specialty; unsought D) unsought; specialty E) specialty; convenience
What term best defines the following type of stakeholder: “Continuing source of business; professional relationship in contracting for, purchasing, and receiving goods or services.”
A. shareholders B. employees C. creditors D. suppliers
Which of the following is not included in the computation of the quick ratio?
A) inventory B) marketable securities C) accounts receivable D) cash