Suki is a registered agent for Trans-state Trucking, Inc. (TTI), which incorporated in Utah. As a registered agent, Suki
A. agreed to buy stock in TTI before it existed.
B. applied to Utah on behalf of TTI to obtain its corporate charter.
C. does business for TTI in Utah.
D. receives legal documents on behalf of TTI.
Answer: D
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A virtual private network:
a. is a password-controlled network for private users rather than the general public. b. is a private network within a public network. c. is an Internet facility that links user sites locally and around the world. d. defines the path to a facility or file on the web. e. none of the above is true.
Two common subgroups for liabilities on a classified balance sheet are:
A. Current liabilities and long-term liabilities. B. Intangible liabilities and long-term liabilities. C. General liabilities and specific liabilities. D. Current liabilities and intangible liabilities. E. Present liabilities and operating liabilities.
Which of the following is NOT a major reason why people act competitively in teams?
a. Cultural differences b. Personality differences c. Differences in team size d. Differences in organizational rewards
Restitution is available as an alternative remedy for a party's repudiation of the contract
Indicate whether the statement is true or false