Which of the following would not be a typical item of business at the organizational meeting of a
corporation?
A) Authorizing the issuance of shares of stock
B) Choosing an auditor
C) Adoption of bylaws
D) Election of corporate officers
E) Selection of promoters
E
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Which item below is not one of the criteria used to qualify as an ISO?
A. The option is granted within 10 years from the date the plan is adopted. B. The option cannot be exercised after 10 years from the date of the grant. C. The exercise price cannot be less than the fair value of the stock at the grant date. D. The option is transferable.
Which of the following is not required to be included in a certificate of limited partnership?
A) The general character of the business B) The name and business of each limited and general partner C) The latest date on which the limited partnership is to dissolve D) The amount of capital contributed by each partner E) The portion of profits to be distributed to each limited and general partner
A standard cost system is an accounting system that uses standards for product costs
Indicate whether the statement is true or false
An ebusiness model is a plan that details how a company creates, delivers, and generates revenues.
Answer the following statement true (T) or false (F)