When an unauthorized act is ratified, the effect is the same as though the act had been originally authorized
Indicate whether the statement is true or false
True
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You can be guilty of bribery even if the party you have made the offer to turns the offer down.
Answer the following statement true (T) or false (F)
Richard Bell, an organized crime boss and casino owner, has made a lot of money with his illegal drug operations and illegal gambling. In order to make it look like he earned the drug money legitimately, Richard has hired crooks to take the illegal money and spend it in Richard's casinos in discreet amounts. The crooks are supposed to lose the money on purpose so that the casino can claim this as winnings. What crime is Richard committing in converting his drug money to alleged legal money?
A. money laundering B. misappropriation C. extortion D. embezzlement
A(n) ________ competitor for a particular company is an organization offering similar, but not
identical, products or services. A) brand B) category C) indirect D) budget
In a corporation, out of the number of shares authorized, the number outstanding, and the
number issued, which must be at least as large as the other two? A) Authorized B) Outstanding C) Issued D) None of the above