A court has jurisdiction over a business defendant if the business has a web site that can be accessed in the state in which suit was filed
a. True
b. False
Indicate whether the statement is true or false
False
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Fresh Foods, a chain of international supermarkets, has operations in 20 countries around the world. Fresh Foods always encourages the rapid development of local management and retains few expatriates in its overseas operations. Fresh Foods' management ranks are truly international. Which of the following is most likely a reason for the success of Fresh Foods in international markets?
A. Rigidity B. Capital assets C. A global culture D. Adaptability E. Financial resources
Answer the following statements true (T) or false (F)
1. Financial projections are usually very precise and correspond almost identically to reality. 2. Financial projections are built around sales in USD. 3. Linear trends are most useful. 4. For startup firms, projections over long time horizons are rarely supported by either historic data or by methodologies that have good predictive power. 5. When dealing with expenses, direct costs are not projected in the same manner as revenue.
When is an agent liable for a tort committed by the principal?
A) When the tort was committed with the scope of the agency B) When the agent has aided or abetted the principal's tortious conduct C) When the agency is undisclosed D) When the agent ratifies the action E) Both A and D
Stephanie's building, which was used in her business, was destroyed in a fire. Stephanie's adjusted basis in the building was $175,000, and its FMV was $210,000. Stephanie filed an insurance claim and was reimbursed $200,000. In that same year, Stephanie invested $180,000 of the insurance proceeds in another business building. If the proper election is made, Stephanie will recognize gain of
A) $0. B) $15,000. C) $20,000. D) $25,000.