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alexgriva [62]
3 years ago
11

A corporation officially states its purpose is "to engage in any lawful activity for which corporations may be organized under t

he General Corporation Law of Idaho." Under corporate law, this purpose is too broad. A corporation's purpose must be more narrowly defined. True or false?
Business
1 answer:
Anuta_ua [19.1K]3 years ago
3 0

Answer:

False

Explanation:

A corporation shall work lawfully, all its actions shall be legal, and all its aims shall also be legal. Being lawful is never too broad, rather making it narrow might be illegal and not lawful.

The General Corporation Law of Idhao basically focuses on the activities under the business, the role of management, shareholders, directors, etc:

It is not that broad in its terms that it shall be altered to be narrowed.

Thus, the statement is not true here.

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Gross Investment 18
kkurt [141]

Answer:

c) $75.

Explanation:

<u>The disposable income is the amount of personal income after taxes</u>

we can solve for taxs using the savings identity:

<em>Savings = Private Savings + Public Savings</em>

where:

Private savings: personal income - personal consumption

and Public Savings = taxes - government spending

We plug the value in the formula and solve for T

5 = 85 - 70 + T - 20

5 = T - 5

T = 10

Now, we derive personal income:

85 income - 10 taxes = 75 disposable income

5 0
4 years ago
The tendency for managers to compare the performance of divisions within a company to each other using the same metrics regardle
Brut [27]

Answer:

Metrics Bias.

Explanation:

Metrics is defined as a standard of measurement while bias can be explained to occur when there is lack of fairness in arriving at a decision.

Using the same metrics within a company to evaluate the performance of different divisions where each division has its own unique characteristics will not give a fair decision and due to metrics bias as the metrics used may tend to favor some divisions more than others.

5 0
3 years ago
What is the name of the document that authorizes the start of construction?
deff fn [24]
The name of the document is a notice to proceed.
6 0
3 years ago
A college student purchased a car priced at $10,000. She paid $1,000 down and agreed to a monthly payment of $200 per month for
Fynjy0 [20]

Answer:

$10,600

Explanation:

The total amount that the students will pay will be the total of monthly installments plus the deposit

Deposit =$1000

total monthly installments = $200 x 48 = $9600

The total amount he will pay = $ 9600 +$1000

=$10,600

5 0
3 years ago
When jeff bezos founded amazon.com in 1994, he was laying the foundation for the world’s largest __________, because amazon.com
nikdorinn [45]
Electronic marketing channel
7 0
3 years ago
Read 2 more answers
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