In contract law, a minor is someone under the age of 21
a. True
b. False
Indicate whether the statement is true or false
False
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Mergers that combine units within a single corporate entity are called ______.
A. intramergers B. joint mergers C. intermergers D. corporate integration
Sue deposits in her account at First Bank a $50 check drawn on Valley Bank. First Bank transfers the check to Second Bank, which in turn forwards it to Valley Bank, which pays the item. Valley Bank is the:
a. payor bank. b. drawee bank. c. collecting bank. d. The payor bank and also the drawee bank.
A family partnership can shift taxable income to younger family members without any corresponding shift of cash flow to those family members.
Answer the following statement true (T) or false (F)
The ________ is a business and IT professional who heads the IT staff in large organizations, sits on the executive board, and is an active participant in organizational strategic planning
A) chief executive officer B) chief information officer C) chief operating officer D) chief financial officer