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There are several necessary steps in the creation of a corporation, partly because States consider corporations as "beings". If the steps are not followed correctly, the corporation does not come into existence. Promoters take the preliminary steps of organizing a corporation: issuing a prospectus and securing a charter. A promoter is personally liable on preincorporation contracts, even after incorporation unless the third party releases the promoter or the corporation assumes the contract by novation. How does the board of directors of a corporation absolve the promoter of liability?
"The optimal tax rate for the economy is the point on the Laffer Curve where the tax revenue is maximized."
it is adam smiths greatest contribution that he recognized in the social world of economics what isaac newton had
riority mail has been one of the most profitable products for the U.S Postal service, between 1995 -1999 and accounting for almost 8% of the Postal Service's mail revenue. Because the Postal Service lost $480 million in the fiscal year ending Sept..
If Jane is currently willing to trade 4 movie tickets for 1 basketball ticket, then she must like basketball better than movies. True or false? Explain.
Express kinetic energy in terms of the base SI units: the kilogram, meter, and second. Write your answer in terms of the abbreviations ({kg, m, s}), and then identify the resulting derived unit.
Identify an example in which a firm you are familiar with made a strategic decision that was focused on improving the organization's profitability. How did the market structure in which the firm competes affect the firm's decision-making?
Give the decrease or increase of each condition of money supply
In 1998, Mark McGwire hit 70 home runs while playing for the St. Louis Cardinals. In 1999, McGwire hit 65 home runs. This decrease in marginal(home runs per season) product led to an associated decreas
part-1assume preferences can be represented by the following utility function ux1 x2 3 ln x1 ln x2a.nbsp is the
a. An increase in government purchases.
1.what is the economic meaning of the expression that there is no such thing as a free lunch?nbsp it refers to
Consider an economy in three periods, t = 0, t = 1 and t = 2. At t = 0, the market index is trading at a value of 100. At t = 1, the index either rises to 125 with 50 percent probability, or falls to 90 with 50 percent probability. Find the price you..
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