Skyla and Terry Want to Form and Do Business as Unbound

question 9

Multiple Choice

Skyla and Terry want to form and do business as Unbound Games Corporation.Most statutes governing the formation and use of corporations are guided by

• A)city or county corporate codes.
• B)the Entrepreneur's Corporate Handbook.
• C)the federal Administrative Procedure Act.
• D)the Revised Model Business Corporation Act.

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Definitions:

Stock Externality

Accumulated result of action by a producer or consumer which, though not accounted for in the market price, affects other producers or consumers.

Negative Externality

A situation where the production or consumption of a good or service imposes a cost on third parties not directly involved in the transaction.

Noise Pollution

Unwanted or harmful outdoor sound, including industrial, transportation, and recreational noises, that can disrupt daily life and harm health.

Stock Externalities

Environmental consequences of economic actions that affect the value of stocks and investments, not originally accounted for in the stock market.