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Komok [63]
2 years ago
9

Jane decided to incorporate her business under the name of Star, Inc. Before Star was incorporated, Jane signed a contract with

a contractor in the name of Star, Inc., to have some office space remodeled. Which statement is correct?
A. Star is automatically liable on the contract because the contract was signed in its name.
B. Star becomes automatically liable on the contract as soon as it is incorporated.
C. Jane is not liable on the contract because she is a promoter.
D. Star will be liable on the contract only if it adopts the contract.
Business
1 answer:
BARSIC [14]2 years ago
7 0

Answer:

D. Star will be liable on the contract only if it adopts the contract.

Explanation:

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5 0
3 years ago
Jamestown's location made it a poor choice for settlement because it __________.
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olchik [2.2K]

Answer:

The incorrect statement is number (3): Workers are viewed like machinery, needed to get the job done, nothing more.

Explanation:

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3 years ago
A taxpayer must receive voting common stock to be eligible for deferral in a Section 351 exchange. True False
hodyreva [135]

Answer:

True

Explanation:

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Not all common stocks have the same voting rights, that is why they are divided into share classes which assign separate voting rights or powers. Section 351 does not include preferred stocks.

3 0
3 years ago
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A. whistle-blowing.

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This was the case with EAC above where the staff were going to the press. EAC now set up a whistle-blowing framework that increased employee confidence and reduced turn-over.

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