A member of the board of directors who is also an officer of the corporation is known as a(n) ________

A) inside director
B) ombudsman
C) registered agent
D) shareholder


A

Business

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Identify a principle of the Directive on Data Privacy that conflicts with U.S. practices.

A. Businesses can refrain from informing people of the ways their data will be used. B. Personal data can be processed only if the subject has given consent. C. Organizations can purchase personal data from third parties and never notify the subject. D. Personal data can be used for processes other than the original one.

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One of the key advantages of the corporate form is the unlimited liability of its owners

a. True b. False Indicate whether the statement is true or false

Business

In terms of the costs to organize each, which of the following sequences is correct, moving from

highest to lowest cost? A) sole proprietorship, general partnership, corporation, limited partnership B) general partnership, sole proprietorship, limited partnership, corporation C) sole proprietorship, general partnership, limited partnership, corporation D) corporation, limited partnership, general partnership, sole proprietorship

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The primary purpose of downward communication flow is to provide feedback, ask questions, or obtain assistance from higher-level management.

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

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