A mechanic's lien can be enforced to recover payment from a debtor for labor and materials in the repair of personal property.
Answer the following statement true (T) or false (F)
False
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Backstage culture is information you are willing to share with outsiders
Indicate whether the statement is true or false.
Mary has developed a diet pill for obesity. She wants to create a new company with a major drug company. She is concerned about liability if someone becomes sick or dies after using the diet pill
What is the best form of business organization for the new company? A) A sole proprietorship B) General partnership with Mary and the drug company as equal partners C) S-type corporation with Mary and the drug company owning equal shares D) Limited liability company with Mary and the drug company owning equal s hares
Commercial paper usually is issued
A. for 3 to 7 years. B. for short-term financing by large corporations. C. for short-term financing by small businesses. D. by large corporations unable to get credit elsewhere. E. by savings and loan associations.
Which of the following relationships are considered related parties?
A. A partnership and a 66% partner. B. A corporation and a 100% shareholder. C. A brother and sister. D. All of these are related parties.