Ester sells stock in Fast Food Franchise Inc to Gayle. Ester does not hand the stock certificates to Gayle, but gives her the key to a safety-deposit box in Heartland Bank in which the certificates are locked. This is?
A) incomplete delivery
B) constructive delivery.
C) accession.
D) conversion.
B
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A clothing retailer realizes that its customers desire the latest clothing designs and accordingly maintains selection. Which criteria for evaluating retail segments is seen in this example?
A. Identifiable B. Actionable C. Accessible D. Flexible E. Market size
Answer the following statements true (T) or false (F)
1. Some firms do not have a board of directors. 2. In an organization’s environment, internal stakeholders include the customers of an organization. 3. Rafael sits on the board of directors for Pierson Fabrication, Inc., but he is not among the executive leadership of the organization. In fact, he works for an American carmaker. Therefore Rafael is an external stakeholder for Pierson. 4. The two parts of the external environment are the task environment and the socio-political environment.
Which of the following activities would be part of the value chain of a manufacturer?
A) Inventory control B) Product design C) Cost accounting D) Materials storage
The form of business ownership that is the MOST easily transferable is the A) general partnership
B) corporation. C) close corporation. D) sole proprietorship.