What are some of the advantages for a business to incorporate in Delaware?
Delaware offers corporations several advantages:
Flexible laws that favor management. For example, a Delaware court recently upheld the enforceability of bylaws requiring shareholders who want to sue a Delaware company to do so in Delaware. For a company, defending a lawsuit on its home turf is much more convenient and predictable, not to mention cheaper, than being sued in another state.
An efficient court system. Delaware has a special court called a Chancery Court that hears nothing but business cases and has judges who are experts in corporate law.
A neutral arena. Because very few businesses are actually based in Delaware, it is viewed as being a neutral place in which to try cases. None of the parties has a home court advantage.
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On July 1, Year 1, Village Bookstore, Inc. appropriated retained earnings in the amount of $36,000 for a future remodeling project in the basement of the bookstore. On June 30, Year 1, the balance of Retained Earnings was $82,800 and the Cash balance was $43,200. Which of the following answers shows the effect of the July 1 event on the financial statements? Stockholders' Equity Assets=Liab.+C. Stk.+Ret. Earn.+App.R.ERev.-Exp.=Net Inc.CashA.NA=NA+NA+(36,000)+36,000NA-NA=NA(36,000) FAB.(36,000)=NA+NA+(36,000)+NANA-NA=NA(36,000) FAC.NA=NA+NA+NA+NANA-NA=NANAD.NA=NA+NA+(36,000)+36,000NA-NA=NANA
A. Choice A B. Choice B C. Choice C D. Choice D
An operations and supply chain strategy is a functional strategy that is, by definition, an infrastructural strategy
Indicate whether the statement is true or false.
In the viewpoint of analysts the largest market-related threat to Walmart is:
A) the threat of new entrants. B) the intensity of rivalries. C) the threat of substitute products. D) the bargaining power of suppliers.
The mass-merchandising concept
A. stresses the need for conventional stores. B. supports the conventional retailer's "buy low and sell high" philosophy. C. suggests aiming at small but profitable target markets. D. focuses on increasing sales and speeding turnover by lowering prices. E. All these answers are correct.