Eva Enters into an Agreement with Ron to Purchase $5,000

question 7

Multiple Choice

Eva enters into an agreement with Ron to purchase $5,000 worth of shares in Happy Supermarket Inc. before the incorporation of the Happy Supermarket. The offer is deemed accepted at the moment the supermarket is incorporated. This offer or agreement is also known as _____.

• A) the doctrine of ultra vires
• B) pre-incorporation stock subscription
• C) statement in lieu of prospectus
• D) article of incorporation
• E) certificate of incorporation

---

Definitions:

Recruitment and Selection

The process of identifying, attracting, interviewing, selecting, hiring, and onboarding employees. It involves evaluating candidates' suitability for a specific role or organization.

Workforce Planning

The process of analyzing, forecasting, and planning workforce supply and demand to meet the organization's objectives.

Leadership Development

The process of enhancing an individual's capability to lead, motivate, and manage people or organizations effectively.

Location-Specific Human Capital

Skills and knowledge that are valuable and relevant to a particular geographic location and its economic or cultural context.