What government agency authorizes a C-corp?
a. the state government.
b. the federal government
c. local county and city jurisdictions
d. the federal courts
a. the state government.
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Which of the following is true about latent markets?
A) An organization's initial success is based on its competitiveness. B) A product has zero demand before it is offered. C) A product's demand emerges with a particular political trend. D) A product's demand remains incipient in a latent market.
An investor purchased 500 shares of common stock, $25 par, for $21,750. Subsequently, 100 shares were sold for $49.50 per share. What is the amount of gain or loss on the sale?
A) $12,750 gain B) $600 gain C) $600 loss D) $9,250 loss
A shareholder of N Corporation dissents to the corporation's merger with J Corporation. If the appraisal remedy is granted, the shareholders will be paid the:
a. par value of their shares. b. stated value of their shares. c. fair value of their shares. d. accounting book value of their shares.
Most private companies can administer lie detector tests to employees
a. anytime. b. after an event demanding investigation has taken place. c. before hiring them. d. both b and c