Lack of mutual agency is best described as which of the following?
A) The liabilities of the corporation cannot be extended to the personal assets of the stockholder.
B) Shares of stock can be readily purchased and sold by investors on an organized stock exchange.
C) Stockholders are not authorized to sign contracts or make business commitments on behalf of the corporation.
D) Corporations pay income tax on corporate earnings, and shareholders pay income tax on corporate dividends.
C) Stockholders are not authorized to sign contracts or make business commitments on behalf of the corporation.
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Feedback can be defined as ______.
a. noise that interrupts conversations b. a linear, one-way flow of conversation c. the communicator’s perception of the speaking situation d. a receiver’s response to a sender’s message
Internal Revenue Service (IRS) criteria specifying illegal campaign involvement are published in IRS ______.
A. Assets Ruling 89 B. Income Ruling 389 C. Campaign Ruling III D. Revenue Ruling 2007-41
A company originally issues 180,000 shares of stock at a price of $22; one year later the stock price is $40 per share, the number of outstanding shares is unchanged, and the company's net income for the year is $230,400. The P/E ratio at the end of the recent year is:
A. 31.25. B. 24.22. C. 0.0002. D. 0.0001.
Regression is a statement about what will happen or might happen in the future such as future sales or employee turnover.
Answer the following statement true (T) or false (F)