Which of the following forms of business ownership is the most prevalent for a buy-sell
agreement?
A) Subchapter S Corporation B) LLC
C) corporation D) partnership
D
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HomeVenture Inc manufactures and sells a line of furniture under the brand name Elegant Lines. The firm has a 3 percent share of the U.S. furniture market, and competes with industry giants who have large economies of scale and marketing resources
However, Elegant Lines holds 65 percent of the overlooked "customized art furniture" segment, specializing in very expensive custom-designed, furniture. Each of the Elegant Lines furniture pieces is a unique piece of art. What type of market segmentation strategy is HomeVenture Inc pursuing? A) a mass-segment strategy B) a niche-segment strategy C) a large-segment strategy D) a market-development strategy E) a mass-market strategy
Notes receivable is a common type of long-term financing.
Answer the following statement true (T) or false (F)
When Jack-in-the-Box faced an E.coli crisis, the company took a proactive approach to handling the situation by ________
A) modifying its menu B) hiring a microbiologist C) changing all of its suppliers D) firing the entire board of directors E) shutting its restaurants for six months
Hayley signs an instrument payable to the order of InstaCredit, Inc., that allows a holder to demand payment of the entire amount due, with interest, if Hayley fails to make a payment. This instrument is
A. negotiable. B. nonnegotiable, because a holder can move up the payment date. C. nonnegotiable, because moving up the payment date is conditional. D. nonnegotiable, because the exact payment date cannot be determined from the face of the instrument.