An important advantage of a corporate form of ownership is the reduction of stockholder liability

Indicate whether the statement is true or false


True

Business

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Under the commercial frustration doctrine, performance is excused when:

A. statutes and legislation make the performance more difficult. B. the promisor impliedly assumes the risk that the event would occur. C. something that is essential to the promisor's performance is destroyed through no fault of the promisor, but its substitute is available. D. events occur after the formation of the contract that would make the return performance of the other party worthless to the promisor.

Business

Kiara, an American business manager, has paid a government official for a work permit for some of her employees in a foreign host country. This kind of bribe is very common in the host country and is not even prosecuted by the law. Why is this behavior unethical?

What will be an ideal response?

Business

Annika signed a contract to work for Acme Global. The contract described the terms of her employment, including her pay and benefits. Annika signed a(n) ______ contract.

A. express B. implied C. quasi D. collective

Business

According to Mintzberg and others, the roles of the global leader include

A. spokesperson. B. salesperson for the status quo. C. monitor. D. controller. E. administrator.

Business