Which of the following memory devices is volatile in nature?
A. optical disk
B. erasable programmable read only memory (EPROM)
C. magnetic disk
D. cache memory
E. SSD
Answer: D
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A ______ is a form of retrenchment in which a corporation decides to set up one or more of its business units as a separate company rather than selling it.
a. merger b. acquisition c. spinoff d. selloff
Corrigan Company charges cost plus 25%. What is the price of an item with cost equal to $50?
A) $50 B) $200 C) $62.50 D) $60 E) $12.50
Liquidated damages will be invalidated if they are unreasonably large or small
Indicate whether the statement is true or false
Which of the following best describes a merger?
A) Two corporations are combined to form a new third corporation, and the original two corporations cease to exist B) One corporation sells substantially all of its assets to a second corporation, with both corporations retaining their separate legal existence C) Two corporations jointly purchase a third corporation and operate it as a joint venture D) Two corporations are combined, with one of the original corporations surviving and the other ceasing to exist E) One corporation acquires all of the shares of a second corporation, with both corporations retaining their separate legal existence, the second a subsidiary of the first