At Able Electronics, the Person in Charge of Advertising Is

question 11

Multiple Choice

At Able Electronics, the person in charge of advertising is a staff manager, who reports to

• A)the stockholders.
• B)a manager in the direct chain of command.
• C)the CEO.
• D)a co-manager in the division.

Understand the requirements and consequences of filing corporate annual reports and paying associated state fees or taxes.

Recognize the liability of promoters and incorporators in relation to preincorporation contracts and after incorporation.

Describe the process and significance of the secretary of state's approval of articles of incorporation.

Identify the concept of watered shares and the responsibility of the board of directors in share valuation.

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