8 - Which of the following legal entities is not a merchant? A) Associations operating business enterprises B) Limited Company C) Public beneficial association D) Joint Stock Company E) Commandite companies
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8 - Which of the following legal entities is not a merchant?
A) Associations operating business enterprises
B) Limited Company
C) Public beneficial association
D) Joint Stock Company
E) Commandite companies
Step by step
Solved in 4 steps
- SECTION B Read the following extract and then answer the question belowTwo business entities come to you for assistance and they would like enter into a stock agreement supply. The other is a manufacturer and one is a retailer. It is their fist time to be committing to such a huge business arrangement and they both realise that it is important to do it right because as much as it looks like a great business deal, should it fail to work, it can lead to serious business losses that can even lead to liquidation and litigation. All they ask for is to be advised on the essentials of a valid business contract, and the need to explain conditions for compensating parties for breach of contract. In doing that, it is important to quote relevant authorities. Evaluate how the two enterprises need to be assisted.1. Suppose competitor firms in an industry gathered and shared certain data about costs. Under the Sherman Act, such action would likely be: a. per se illegal b. an illegal conspiracy under a rule of reason c. permissible if all information was made public d. permissible unless it could be shown that a market injury occurred .2. Deregulation involves removing legal restrictions on the free play of markets, the establishment of private enterprises, and the manner in which private enterprises operate. A. TrueB. False
- Choose the correct statement that describes freedom of enterprise: a. An individual establishes an enterprise that charges additional money on deferred payment b. An individual’s choice of enterprises agreeing to Sharia’s trading that cause no harm to customers or market c. An enterprise has deals of quantity and quality of products in clear terms of agreement d. An individual establishes a business of his choice beyond the parameter of the shariaMr Anil, Mr Babloo and Ms Chetna wish to setup an export unit registered in India exporting Fast Moving Consumer Goods to Latin American Countries. They hired you as a consultant in Company affairs. Point out the process to establishing Company, what rights and privileges this company acquires after incorporation. _______ A corporation incorporated in Texas doing business in New York is known ina. New York as a domestic corporation.b. Texas as a foreign corporation.c. Texas as a domestic corporation.d. New York as an alien corporation.e. The firm cannot do business in New York
- 37 - Which of the following is the legal status of a salesperson who works to assist people who shop in a store?A) BrokerB) Commercial agentC) AgencyD) Commercial representativeE) Marketer1. Which of the following is an advantage of partnerships? a. Each partner has limited liability for the debts of a business. b. Each partner is responsible only for his or her acts. c. A business continues to exist even after the death of any one partner. d. More capital can be raised since good credit may be available. 2. Which of the following factors should be considered while choosing the proper legal form for a business? a. Packaging of the product b. Location of the factory c. Nature of the business d. Name of the product 3. Once the choice of a legal form for a new business has been made, it cannot be changed until the business is dissolved or sold. a. True b. False 4. An equal partnership between owners is advisable in order to facilitate decision-making. a. True b. False 5. Which of the following is an advantage of a corporation? a. It cannot make use of a business owner's personal property…1. In 1983 the Bell telephone system, which operated as AT&T, was broken up, resulting in the creation of seven regional telephone companies. AT&T stock- holders received shares of the new companies and the continuing AT&T, which handled long distance services. Prior to the breakup, telephone service was a regu- lated public utility. That meant AT&T had a monopoly on the sale of its service, but couldn’t charge excessive prices due to government regulation. Regulated util- ities are classic examples of low risk–modest return companies. After the breakup, the “Baby Bells,” as they were called, were freed from many of the regulatory con- straints under which the Bell system had operated, and at the same time had a great deal of money. The managements of these young giants were determined to make them more than the staid, old-line telephone companies they’d been in the past. They were quite vocal in declaring…
- Under ___________, the domestic firm provides the management know- how to a foreign company that supplies the capital a. Licensing b. Management Contracting c. Merger d. Joint VenturingJointly headquartered in San Jose, California, and Singapore, Broadcom Technologies (earlier known as Avago Technologies) designs, develops, and supplies analogue, digital, and optoelectronics components and systems. In May 2015, Avago had announced its plans to acquire Broadcom Technologies for $37 billion (a combination of $17 billion cash and S20 billion in shares). This acquisition significantly in- creased Broadcom's patcut position in sectors like conmunication teclnologics, making it the uisth larg- est patent-holder in semiconductor vendor's category. Broadcom's varied product portfolio has four target markets, including wireless communications, enterprise storage, wired infrastructure, and industrial. In August 2015, Broadcom announced the release of products40G bidirectional (BiDi) mul- timode fiber (MMF) QSFP + transceiver module, and the AFBR-79EBPZ-that were designed for high-speed data center interconnect and networking applications. Broadcom provided a cost-effective…Jointly headquartered in San Jose, California, and Singapore, Broadcom Technologies (earlier known as Avago Technologies) designs, develops, and supplies analogue, digital, and optoelectronics components and systems. In May 2015, Avago had announced its plans to acquire Broadcom Technologies for $37 billion (a combination of $17 billion cash and S20 billion in shares). This acquisition significantly in- creased Broadcom's patcut position in sectors like conmunication teclnologics, making it the uisth larg- est patent-holder in semiconductor vendor's category. Broadcom's varied product portfolio has four target markets, including wireless communications, enterprise storage, wired infrastructure, and industrial. In August 2015, Broadcom announced the release of products40G bidirectional (BiDi) mul- timode fiber (MMF) QSFP + transceiver module, and the AFBR-79EBPZ-that were designed for high-speed data center interconnect and networking applications. Broadcom provided a cost-effective…
