The Statutory Close Corporation Supplement to the MBCA and RMBCA and special legislation in about twenty states accommodate the needs of closely held corporations by all but which of the following?
A) Permitting operation without a board of directors
B) Authorizing the use of shareholder agreements in place of bylaws
C) Requiring cumulative voting
D) Making annual meetings optional
C
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According to BizRateResearch, the most effective financial incentive is:
A) price discounts B) contests and sweepstakes C) free gifts D) free shipping
McDonald's restaurants in France do not look like McDonald's elsewhere. This is an example of:
A) think locally and act globally. B) think globally and act locally. C) diversification. D) standardization E) adaptation
Use the information presented below for Farley River, Inc for 2015 and 2014 to answer the questions that follow. Farley River uses the straight-line depreciation method. 2015 2014 Property, plant, and equipment $ 250,000 $190,000 Accumulated depreciation 100,000 85,000 Depreciation expense 62,500 47,500 Net sales 1,000,000 900,000 Average Total assets 625,000 475,000 Refer to the information for
Farley River, Inc Using the 2015 data, what is the average life of Farley River's property, plant, and equipment (rounded to one decimal place)? a. 1.6 years b. 2.5 years c. 4.0 years d. 10.0 years
Outline the implication of the social contract tradition within business.
What will be an ideal response?