The authorized stock of a corporation

A) must be recorded in a formal accounting entry.
B) only reflects the initial capital needs of the company.
C) is indicated in its by-laws.
D) is indicated in its charter.


D

Business

You might also like to view...

Which of the following is a major disadvantage of using agents and brokers?

A) loss of control over the service delivery B) lack of information about local markets C) narrow distribution of products D) reliable customer communication

Business

Good images usually provide needed decoration in the content area of slides

a. true b. false

Business

Employee referrals provide a rich source of good applicants for many small firms.

Answer the following statement true (T) or false (F)

Business

The Hometown News snapped a picture of Tim as he was sleeping under a tree in the park on a warm spring day. If the paper printed the picture on the front page:

a. the Hometown News is guilty of intrusion. b. the Hometown News is guilty of false light. c. the Hometown News is guilty of appropriation. d. it is unlikely that the Hometown News is guilty of any tort.

Business