Even after commencement of business operations, officers and directors have a responsibility to comply with <u>corporate formalities.</u>
Corporate formalities is a term that is used to refer to the operating rules and guidelines that a corporation or business has to or must follow so as to meet its operational requirements. This in turn allows it to maintain the corporate protections that it enjoys.
Corporation refers to an entity that enjoys the backing of a law. It is separate from the directors or owners of the company.
It has the responsibility to comply with the rules and regulations so as to have a proper corporate functioning.
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Excess Demand is occurring.
This means that the amount of supply in a market cannot keep up with demand.
Answer:
c. Individual
Explanation:
Debby in presenting her complaint before the authorities should categorise it under individual complaint because she was the only person not old about the major changes made by management.
She will also report the negative bias she is noticing. Negative bias is the tendency for people to pay more attention to negative occurrences than positive ones. So if she has noticed signs of negative bias it should against her person.
Answer: the number of failing banks.
Explanation:
The Savings and Loan Crisis lasted from the 1980s to the 1990s and saw the failure of 1,043 Savings and Loan associations (S&Ls). These small "banks" accept deposits and use them to create loans for their members.
The problem with these S&Ls was that they were making losses on the loans they gave out and instead of getting out of business, they engaged in speculative trading to offset their gains and lost even more money leading to the government closing them down.
Answer:
exchange relationships
Explanation:
Marketing involves actions to build and maintain exchange relationships. These are any and all relationships in which an individual is given something while expecting to receive something back in return such as a benefit, service, product, etc. This is what companies try to achieve with marketing. They try to get their product/services in from of as many people as possible, if these individuals like the product/service they will pay the company money in exchange for the product or service. If they end up liking the product or service they continue to purchase it in the future, therefore, the company builds an exchange relationship with these customers.
