The bylaws of the corporation:
A) are adopted as one of the first items of business at the organizational meeting held promptly after incorporation.
B) may contain any provision for managing the business not inconsistent with law or the charter.
C) may be repealed by the board of directors.
D) All of these are true.
D
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When part of the amount of unearned revenue has been earned, the unearned revenue account must be adjusted
a. True b. False Indicate whether the statement is true or false
Standard costs are useful for all but which of the following?
a. Determining actual costs b. Preparing budgets and forecasts c. Evaluating the performance of workers and management d. Helping to develop appropriate selling prices
Which of the following agents would not have authority to contract with third parties on behalf of the principal?
a. A salesman who sells his employer's goods. b. A manager who hires employees for the store owner. c. A factory worker hired to operate a machine. d. A buyer who regularly buys merchandise for a store. e. All agents have authority to contract with third parties on behalf of their principals.
Consumers Choice store accepts a shipment of EZ2U-brand tablets from Digital Devices, Inc Consumers Choice later discovers a defect in the tablets, revokes acceptance, and returns the tablets via GoBack, Inc During the return, the tablets are lost. The loss is suffered by? A)?Consumers Choice
B)?Digital Devices. C)?GoBack. D)?Consumers Choice's customers by an increase in prices of other goods.