The term "S Corporation" comes from
A. the Internal Revenue Code.
B. the FTC rules.
C. the Securities and Exchange Commission.
D. state corporation law.
Answer: A
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Indicate whether the statement is true or false
Kim Smith is a sales manager for a large corporation. When organizing her salesforce, Kim decided to have each selling team focus on only one very large customer. Kim has used the ________ sales force structure
A) geographic B) product C) services D) key accounts E) virtual
One advantage to health reimbursement accounts is that employees do not have to pay taxes on the amounts they are reimbursed under an HRA.
Answer the following statement true (T) or false (F)
Bertha, from Chicago, traveled to San Francisco to attend a conference. Her sister, Martha, lives in San Francisco and consequently, Bertha made arrangements to spend a couple of days with her sister. The next morning sitting at the breakfast table, Bertha realizes that she packed a mismatched pair of shoes (one is black and the other is blue). Luckily, Martha wears the same size of shoes and
lends Bertha a pair of black leather pumps. During the day, the shoes are damaged while Bertha is wearing the shoes. Bertha's duty of care would be a duty of a. extraordinary care, because this is a bailment for the sole benefit of the bailee. b. ordinary care, because this is a bailment with both parties receiving mutual benefits. c. only slight care, because this is a bailment for the sole benefit of the bailor. d. none, as the sisters would share without condition.