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Bad White [126]
1 year ago
11

Individual state laws should be relied on to determine corporate law because, despite the existence and use of model corporation

acts, there is considerable variation among the states. Group of answer choices True False
Business
1 answer:
Schach [20]1 year ago
5 0

Individual state laws do indeed vary so there is a need to rely on state coporate laws so this is True.

<h3>Why should state corporate laws be used?</h3><h3 />

State corporate laws tend to differ because different states have separate cultures and overriding norms.

As such, state corporate laws should be the main laws abided by instead of the model corporation laws at a federal level.

Find out more on state corporate laws at brainly.com/question/12933980.

#SPJ1

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Products whose demand rises when another product’s price increases are called
Oliga [24]
The correct option is SUBSTITUTE GOOD.
Substitute goods are goods which can be substituted for each other. If the price of one substitute good increase, the demand for the other substitute good will increase. For instance, for two goods A and B which are substitute, if the price of A increases, consumers will abandon A and start to buy more of B, whose price is lower, thus, the demand for good B will increase.
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3 years ago
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The cash flows for a perpetuity continue into the future indefinitely. An example of a perpetuity is: preferred stock. corporate
Svetradugi [14.3K]
The right answer for the question that is being asked and shown above is that: "corporate bonds."The cash flows for a perpetuity continue into the future indefinitely. An example of a perpetuity is: <span>corporate bonds</span>
5 0
3 years ago
In a project schedule, which types of dependencies are most common?
ANTONII [103]
Finish to start dependency- This is the most common type of dependency in project management as well as real life.
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3 years ago
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The management of Kabanuck Corporation is considering dropping product V41B. Data from the company's accounting system appear be
Makovka662 [10]

Answer:

$191,500

Explanation:

If the item is not dropped:

Loss = Sales - Variable expenses - Fixed manufacturing expenses - Fixed selling and administrative expenses

       = $923,000 - $405,500 - $337,000 - $244,000

       = (63,500) loss

Fixed mfg. expenses remaining:

= Fixed manufacturing expenses - Avoidable Fixed manufacturing expenses

= $337,000 - $207,500

= $129,500

Fixed selling and administrative expenses remaining:

= Fixed selling and administrative expenses - Avoidable Fixed selling and administrative expenses

= $244,000 - $118,500

= $125,500

Loss in expenses remaining if item is dropped :

= Fixed mfg. expenses remaining + Fixed selling and administrative expenses remaining

= $129,500 + $125,500

= ($255,000)

Overall net operating income would decrease by:

= Loss in expenses remaining if item is dropped - Loss in expenses if item is not dropped

= $255,000 - $63,500

= $191,500

5 0
3 years ago
When does a corporation record an increase in Dividends Payable?
Gnoma [55]

Answer:

B. On the declaration date

Explanation:

Dividend payable are usually advised by management but must be ratified by the shareholders (usually in the annual general meeting) for such to be come recognizable in the books. The date of ratification is the declaration date

As such a corporation record an increase in Dividends Payable on the declaration date.

The right option is B. On the declaration date

4 0
3 years ago
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