Noxious, Inc, makes and sells pesticides. If a substance is identified as harmful and the harm is imminent, the Environmental Protection Agency can
a. conduct an inspection of Noxious's plant.
b. declare the substance to be unregulated and allow its production.
c. ignore the risk if the benefit outweighs the harm.
d. order the substance to be sold in an adulterated form.
a
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Which of the following is a basic right of stockholders?
A) Stockholders may sell their stock back to the company if they wish. B) Stockholders may authorize a business contract on behalf of the corporation. C) Stockholders may receive dividends from corporate earnings. D) Stockholders may determine the issue price of common stock.
Which of the following characteristics may result in the classification of a liability as current?
a. Short-term obligations expected to be refinanced with long-term debt b. Debts to be liquidated from funds that have been accumulated and are reported as noncurrent assets c. Violation of provisions of a debt agreement d. Obligations for advance collections that involve long-term deferment of the delivery of goods or services
Manufacturing activities are allowed in bonded warehouses
Indicate whether the statement is true or false
The number of stockholders in a Subchapter S Corporation is limited to ________.
A. 75 B. 50 C. 100 D. 250