Which of the following statements is true of forming C corporations?
A. They include preferred stockholders who vote in stockholders' meetings.
B. They require the adoption of corporate bylaws.
C. They are cheaper than forming a partnership.
D. They can be formed through a verbal agreement.
Answer: B
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All of the following would be potential bargaining chips for a salesperson during negotiations EXCEPT:
A. training availability. B. optional equipment to provide. C. products available from competitors. D. extra services to offer. E. price flexibility.
The structure of AdVance's business model—formulating custom fertilizers for customers—relies on which of the following sales models?
A) partnering B) persuading C) cobranding D) body language E) transactional selling
What financial recourse can Sally, who is now self-sufficient, claim from Colton?
A) annulment B) child support C) permanent alimony D) rehabilitation alimony
Manufacturer's agents take title to products and resell them.
Answer the following statement true (T) or false (F)