1. A company cannot create another company. O A) True O B) False

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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1. A company cannot create another company.
O A) True
O B) False
2. For Nike Inc. to conduct business in Dominica it must be incorporated under a statute.
O A) True
O B) False
3. A private company can be incorporated by namin three (3) directors.
O A) True
O B) False
4. The court, as well as shareholders, can deem that an indiviual is disqualified from being a director.
O A) True
O B) False
5. Directors of a company have the power to appoint other directors of that company.
O A) True
O B) False
Transcribed Image Text:1. A company cannot create another company. O A) True O B) False 2. For Nike Inc. to conduct business in Dominica it must be incorporated under a statute. O A) True O B) False 3. A private company can be incorporated by namin three (3) directors. O A) True O B) False 4. The court, as well as shareholders, can deem that an indiviual is disqualified from being a director. O A) True O B) False 5. Directors of a company have the power to appoint other directors of that company. O A) True O B) False
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