All business associations are separate taxable entities

Indicate whether the statement is true or false


false

Business

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Southern Bar-B-Q owns a special, secret recipe for sauce which it guards because it gives the restaurant a competitive advantage. If Mort willfully misappropriates the recipe, a court may hold him liable to Southern for double damages

a. True b. False Indicate whether the statement is true or false

Business

Generally, all of the following are possible, except:

a. an assignment of the rights of a party to the contract. b. a delegation of nonpersonal duties of a party to the contract. c. a delegation of personal duties of a party to the contract. d. simultaneous delegation of duties and assignment of rights.

Business

Shares of stock issued pursuant to a corporate reorganization must be registered

Indicate whether the statement is true or false

Business

Wyclef is a music producer. In a magazine called Mix Magazine, Wyclef reads about new mixing equipment that allows him to mix both analog and digital sources with full modulation. Wyclef used a(n) ________ to learn about this new product.

A. personal channel B. inert medium C. direct message D. feedback channel E. nonpersonal channel

Business