A nonprofit corporation is:
A) A corporation formed for charitable, educational, religious, or scientific purposes that
cannot make a profit.
B) Any corporation that has never made a profit.
C) Any corporation that does not intend to make a profit.
D) A corporation formed for charitable, educational, religious, or scientific purposes that can
make a profit, although any profit may not be distributed to its members, officers, or
directors.
D
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Which of the following is true of liability for torts and crimes in corporations?
A. If the employee commits a crime or tort while acting outside the scope of employment, the corporation is liable. B. When a corporate officer did not know of the employee's crime or tort, the officer is still liable. C. If an employee commits a tort within the scope of employment but outside the office space, the corporation is not liable. D. When a corporate officer could have prevented an employee's tort but did not, the officer may be liable.
Which of the following statements regarding ways to improve cash flow is false?
a. Offer your customers discounts if they pay early. b. Even if you are not offered a discount for early payment, pay bills early as it will improve your credit rating. c. Keep inventory as small as possible. d. Use a lock box for cash receipts.
Explain the market force of "threat of entry," as detailed by Porter's Five Forces model, with an example
What will be an ideal response?
Ventures that have low burn or bleed rates may require less ________ compared to a venture with a high bleed rate
A) time from the financier B) monitoring by the venture capitalist C) performance benchmarks D) All of the above