​ When Does a Corporation Become a Party to Contracts

question 19

Multiple Choice

​ When does a corporation become a party to contracts made by the person forming a corporation?

• A)When the corporation is incorporated.
• B)When the 50% of the stock is sold.
• C)When the corporation approves contracts made by the person forming the corporation.
• D)When the other parties to the contracts approve the corporation's existence.

Appreciate the role of design, typography, and layout in enhancing the professionalism and readability of a message.

Recognize the necessity of keeping formats simple and reader-friendly, especially in mobile communication.

Understand the role of proofreading in the revision process to ensure accuracy and consistency in messages.

Understand how poor design decisions can hinder effective communication.

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Definitions:

Direct Labour

Labor costs that are directly traceable to the production of goods or services.

Grinding Minutes

A term possibly used to quantify the time involved in a grinding process during manufacturing.

Monthly Demand

The total quantity of a product that consumers are willing and able to purchase within a specific month.

Variable Manuf. Cost

Expenses that vary in direct relation to the amount of production, including costs like raw materials and direct labor.