As a general rule, promoters are not liable for contracts they make on behalf of corporations that are not yet formed.

Answer the following statement true (T) or false (F)


False

Business

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Which element below is defined as a clash between individuals or groups due to different opinions, thought processes, and perceptions?

A. negotiation B. competition C. conflict D. avoidance

Business

On October 1 . 2014, Southpark Inc issued, at 101 plus accrued interest, 800 of its 1 . percent, $1,000 bonds. The bonds are dated July 1 . 2014, and mature on July 1 . 2021 . Interest is payable semiannually on January 1 and July 1 . At the time of issuance, Southpark would receive cash of

a. $800,000. b. $808,000. c. $820,000. d. $828,000.

Business

A small business in your home

A) is typically covered for property loss, but not business related liabilities, under your homeowners' policy. B) Is typically covered for minor business related liabilities, but not property loss, under your homeowners' policy. C) Is typically covered for both property loss and minor business related liabilities under your homeowners' policy. D) can be included under your homeowners' coverage with a business pursuits endorsement.

Business

A network will fall within one of the following four categories: local area network, backbone network, metropolitan area network, wide area network

Indicate whether the statement is true or false

Business