Most likely would be a democratic system.
Answer:
A disadvantage of the corporate form of business entity is corporations are subject to more governmental regulations.
When weighing your employment options, these are very important to consider:
- Employee Benefits
- Pay period
- Taxes taxable income.
Thus, all of these are very important to consider before accepting the job offer.
Answer:
The answer is true
<u>Explanation:</u> novation is the process in which an old contract is substituted by a new contract through an agreement .All rights and duties under old contract are being terminated.
if parties write a novation, it will effectively nullifies the former contract.In novation one of the initial parties is replaced by new party.
Novations are most frequently used in corporate takeovers and sales of businesses.
A novation is same as an assignment where one party transfers interest in property or a business to third party as opposed to transferring the entire entity.
So is novation is written between the parties .They need not to discharge the old contract by expression.It will be automatically discharged if it's terms are inconsistent with new contract.
Answer:
A high degree of financial flexibility.
Explanation:
A company with a high degree of financial flexibility is better able to survive bad times, to recover from unexpected setbacks, and to take advantage of profitable and unexpected investment opportunities. Financial flexibility is purely an accounting term which is referred as an organization's capability to react to unforeseen circumstances and unexpected expenses. It is assessed by evaluating the organization's use of leverage and cash holdings. It is the capacity of an organization in reacting and adapting to changing financial circumstances.