On the corporate balance sheet, which of the following would not be disclosed in the equity section?
a. par value; b. number of stockholders;
c. number of authorized shares; d. total paid-in capital; e. amount of preferred stock subscribed.
B
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Michael runs a research and development department. He gets a lot out of his employees by setting lofty goals and expressing his belief that each of them is capable of doing his or her part. He expects their best work. According to revised path-goal theory, Michael is using a(n) ______ leadership style.
A. representation and networking B. interaction facilitation C. supportive D. achievement-oriented E. work facilitation
Sparex Inc. is a manufacturer of metal bolts that are used by Boilex Inc. to manufacture heavy machineries. In this instance, Sparex acts as a ________
A) financial intermediary B) supplier C) retailer D) customer E) local public
According to utilitarianism, an action that affects the majority adversely is morally wrong
a. True b. False Indicate whether the statement is true or false
Jason, a golf pro, signed a one-year contract with the owner of a private country club as a golf instructor. Three months after Jason started work, the owner of the club sold out to Curry. The owner also assigned the remaining nine months of Jason's contract to Curry. Would Jason legally be required to work for Curry?
a. Yes, because a contract had been signed by Curry and the owner of the private club. b. Yes, because Jason had only nine months left on his contract. c. No, not unless Jason consented to the assignment. d. No, not unless the private club was willing to open its membership to the public.