Which of the following is not true of a corporation?
A) It may enter into binding legal contracts in its own name.
B) It may sue and be sued.
C) The acts of its owners bind the corporation.
D) It may buy, own, and sell property.
C
You might also like to view...
Using expressions to exaggerate how you feel about something is called ______.
a. neutralization b. masking c. intensification d. deintensification
Which of the following statements is TRUE of Florida Chemicals Company's statement of cash flows for 2018?
Florida Chemicals Company uses the indirect method to prepare its statement of cash flows. Refer to the following portion of the comparative balance sheet:
Net Income for the year was $57,000.
A) The company issued stocks for $30,000.
B) The company declared $52,000 as dividends.
C) The company purchased treasury stock for $8400.
D) The net cash flow from financing activities is $180,600.
Retailers generally have a much lower degree of conversion than do manufacturing or professional firms
Indicate whether the statement is true or false
Which of the following is most likely a danger of Internet usage in sales?
A) changing information about products B) sorting customer information with data mining C) using extranets to place and monitor customer orders D) providing customers with information about competitors E) sending inappropriate emails to customers or to each other