A compulsory share exchange requires approval from the board of directors of each corporation, but not shareholders of either corporation

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


False

Business

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In discriminant analysis, rejecting the null hypothesis means there is significant discrimination between groups

Indicate whether the statement is true or false

Business

________ consists of strong short-term incentives that invite and reward quick responses from customers

A) Public relations B) Personal selling C) Advertising D) Sales promotion E) Direct marketing

Business

The anticipated purchase of a fixed asset for $400,000, with a useful life of 5 years and no residual value, is expected to yield total net income of $200,000 for the 5 years. The expected average rate of return on investment is 25.0%

Indicate whether the statement is true or false

Business

Which of the following data must a franchisor disclose if the franchisor makes sales or earnings projections for a potential franchise location that are based on the actual sales, income, or profit figures of an existing franchise?

A) contract details of the franchisor and the existing franchises B) management methods that have been adopted by the existing franchises C) the number and percentage of its actual franchises that have obtained such results D) any sales or marketing strategy employed by the franchisor in acquiring such results

Business