A postincorporation subscription is:
A) like a preincorporation subscription in that the subscriber may withdraw the offer to enter into the subscription any time before the corporation accepts it.
B) treated as a contract between the subscriber and the corporation.
C) not recognized under the RMBCA.
D) defined under the RMBCA as a contract between all subscribers.
B
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Molly organized several teachers to discuss the school's interior painting scheduled for the summer. They looked at several brands and heard a presentation by a designer who then helped them choose a color palette to recommend to school administrators. In this instance, the teachers made up a(n)
A. self-managed team. B. formal group. C. cross-functional team. D. informal group. E. virtual team.
How are organizational structure and culture important to selling?
What will be an ideal response?
Even large companies use infomercials for all the following reasons EXCEPT to ________
A) recruit members B) refer customers to retailers C) attract buyers to online, mobile, and social media sites D) introduce new advertising campaigns E) sell their products
Starship Corporation incurred the following losses during 2014: • Loss of $100,000 was incurred in the abandonment of equipment. • Accounts receivable of $30,000 were written off as uncollectible. • Several factories were shut down during a strike at a cost of $240,000. • Loss of $150,000 was sustained as a result of flood damage, an unusual and infrequent occurrence. Ignoring income
taxes, what amount of loss should Starship report as extraordinary on its annual income statement? a. $100,000 b. $520,000 c. $270,000 d. $150,000