Amanda is a cab driver. Her taxi license will expire at midnight on August 8
The
applicable law requires that she apply for continuation of the license at least 30 days prior to expiration and that a decision regarding continuation or denial must be made in a timely fashion. Her application was made in a timely manner. It is now August 9 and she has not heard from the licensing board.
a. Her license is expired and she may not legally operate a taxi.
b. Her license is automatically renewed for up to 30 days, allowing her to resubmit her application for continuance.
c. Her license is automatically renewed until the decision on the renewal is made.
d. Her license is automatically renewed as if the continuation had been approved.
c
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Answer the following statement true (T) or false (F)
The board of directors is typically responsible for ________
A) approving strategic goals and plans B) managing day-to-day operations C) arranging finance for approved long-term investments D) maintaining and controlling the firm's daily cash balances
The ________ process is marked by a free-flowing exchange in which the leader offers more opportunities and resources and the employee contributes more activities and effort.
A. role taking B. participating C. role allocating D. role making E. role selling
Corporate debts are the responsibility of the:
A. shareholders D. board of directors B. incorporators E. none of these C. corporation