Which of the following is the purest and most basic form of corporate ownership?

A) bond
B) notes
C) common stock
D) preferred stock


C

Business

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West Corporation purchased 15,000 shares of Luffy Corporation common stock for $60 per share on January 2, 2009 . Luffy Corporation reported net income of $1,500,000 for 2009 and paid dividends of $300,000 during 2009 . Luffy has a total of 50,000 shares of common stock outstanding. The entry that would be recorded to recognize the receipt of cash dividend is:

a. Cash 90,000 Dividend Income 90,000 b. Income,Luffy Corporation Investment 90,000 Cash 90,000 c. Cash 90,000 Income,Luffy Corporation Investment 90,000 d. Cash 90,000 Investment in Luffy Corporation 90,000

Business

In the context of the five general approaches to managing conflict between two parties as described by Thomas, which of the following is a characteristic of the collaboration approach?

A. It reflects a desire to achieve one's own ends at the expense of someone else. B. It represents a compromise between domination and appeasement. C. It reflects an effort to fully satisfy both parties. D. It involves indifference to the concerns of both parties.

Business

Give an example of a firm whose core service location is severely limited

What will be an ideal response?

Business

Briefly discuss Sherif’s (1966) classic study of boys at summer camp, in terms of findings and implications for understanding competition.

What will be an ideal response?

Business