The bylaws must be adopted at the initial organizational meeting of the board of directors
Indicate whether the statement is true or false
TRUE
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Designing private-label merchandise is a(n) ________ because it builds on the retailer's knowledge of its customers.
A. related diversification growth opportunity B. retail format development growth opportunity C. unrelated diversification growth opportunity D. market expansion growth opportunity E. market penetration growth opportunity
Foreign exchange rates fluctuate due to changes in all but which of the following:
A. Expectations of future events. B. Economic conditions. C. Political conditions. D. Supply and demand for currencies. E. Whether the companies prepare financial statements under U.S. GAAP or IFRS.
Suppose that over the life of the loan, the total interest expense for a monthly loan is $17,000, while the total interest payment for an annual loan is $19,000. Which of the below statements is FALSE?
A) The difference reflects the reduction of the principal each month versus the annual reduction of the principal. B) The more frequent the payment, the lower the total interest expense over the life of the loan, even though the effective rate of the loan is higher. C) Reducing principal at a slower pace reduces the overall interest paid on a loan. D) Reducing principal at a slower pace increases the overall interest paid on a loan.
Putting a bold disclaimer at the front of the handbook that says it is not a contract and requiring employees to sign the disclaimer is an attempt by businesses to:
a. protect themselves from being found to create an implied contract b. protect employees from implied contracts c. protect employees from express contracts d. protect themselves from suits regarding express contracts e. none of the other choices are correct