_____ Is an Economical Way to Inform Large Numbers of Potential

question 110

Multiple Choice

_____ is an economical way to inform large numbers of potential customers about a firm's products.

• A) Innovation
• B) Production
• C) Advertising
• D) Pricing
• E) Encirclement

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Definitions:

Personally Liable

The legal responsibility of an individual to satisfy debts or obligations from their own assets.

Preincorporation Subscription

An agreement by an investor to purchase stock in a corporation, made before the corporation is legally formed.

Post Incorporation Subscription

Agreements to purchase stock in a company made after the company has been incorporated.

Corporate Promoters

Individuals or companies that take the initiative in founding and organizing the business of a corporation, including arranging its incorporation and securing capital.