A corporation officially states its purpose is "to engage in any lawful activity for which corporations may be organized under the General Corporation Law of Idaho." Under corporate law, this purpose is too broad. A corporation's purpose must be more narrowly defined.

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


False

Business

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The following information is from the December 31, 2018 balance sheet of Millner Corporation.


What was the average issue price of the common stock shares? (Round your answer to the nearest cent.)
A) $1.88
B) $1.00
C) $2.68
D) $3.68

Business

Describe the three benefits that strong brands provide to consumers

What will be an ideal response?

Business

When attempting to detect terrorists and criminals in public places, officials pay attention to suspects’ ______.

A. cars B. shoes C. body language D. groups

Business

If you want to have $5,000 in 10 years, how much money must you put in a savings account today?

(Assume that the savings account pays 4% and it is compounded daily; round to the nearest $1). A) $4,207 B) $4,102 C) $3,370 D) $3,352

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