Typical demographic data include all of the following except
A. education.
B. income.
C. race.
D. gender.
E. language differences.
Answer: E
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Giorgio runs a baseball equipment supply store. He specializes in supplying batting cages with new and used pitching machines. Giorgio sold Juanita a used pitching machine for her softball team. Juanita signs a lengthy contract in which Giorgio disclaims all liability and sells the machine to her "as is." These terms are in the same font as the rest of the text and not bolded, underlined, or otherwise highlighted. When Juanita gets the machine to her house, it catches fire and burns down her garage. Is Giorgio potentially liable for the damage?
What will be an ideal response?
Fashions, Inc has 12 shareholders. The company is subject to the Model Act. What officers is Fashions, Inc required to have?
a. A president, secretary, and treasurer. b. A president and a secretary, and they can be the same person. c. A president, at least one vice-president, a secretary, and a chief financial officer. d. Whatever officers are described in the corporate bylaws.
Registration of a foreign limited partnership is required in order to:
A) go into business in another country. B) defend the partnership in court. C) collect contributions from foreign investors. D) None of these.
If shareholders agree to vote in a specified manner for the election or removal of directors, this is known as:
A) a proxy. B) cumulative voting. C) a voting trust. D) a shareholder voting agreement.