A corporation in which the shares are held by one shareholder or a small group of shareholders and the stock is not actively traded is a:
a. close corporation b. small corporation c. limited corporation
d. shared corporation
e. nonprofit corporation
a
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Explain the buyer's right to specific performance when the seller breaches a contract for the sale of goods.
What will be an ideal response?
If the purpose of your message is to inform parents about the new dismissal procedure designed to alleviate problems with the current process at your school, which of the following best represents the desired outcome of your message?
A) That parents will analyze the situation themselves B) That parents will be willing to help C) That parents will want to improve their children's experience D) That parents will follow the new process that you are implementing E) That parents will be involved in their children's educational goals
Eastline Corporation had 10,000 shares of $10 par value common stock outstanding when the board of directors declared a stock dividend of 3,000 shares. At the time of the stock dividend, the market value per share was $12. The entry to record this dividend is:
A. Debit Common Stock Dividend Distributable $36,000; credit Retained Earnings $36,000. B. Debit Retained Earnings $36,000; credit Common Stock Dividend Distributable $30,000; credit Paid-In Capital in Excess of Par Value, Common Stock $6,000. C. Debit Retained Earnings $36,000; credit Common Stock Dividend Distributable $36,000. D. Debit Retained Earnings $30,000; credit Common Stock Dividend Distributable $30,000. E. No entry is needed.
In Research & Development Company's suit against Structural Engineers, Inc, Research & Development wants to introduce evidence that it claims is relevant. Relevant evidence is evidence that
a. establishes the degree of probability of a fact or action. b. tends to disprove a fact in question. c. tends to prove a fact in question. d. all of the choices.