Which of the Following Is a Value-Added Activity by a Manufacturer

question 50

Multiple Choice

Which of the following is a value-added activity by a manufacturer of chocolate candies?

• A)The addition of chocolate syrup into the candy mix.
• B)Hiring production workers.
• C)Storing the candy bars until they are distributed to stores.
• D)Managing the cost of electricity by the production department.

Understand the roles and legal responsibilities of promoters and incorporators in the formation of corporations.

Distinguish between different types of corporations based on jurisdiction and stock ownership.

Understand the legal principles underlying the formation and operation of corporations.

Identify the rights and obligations of corporations concerning debt securities and bonds.

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Definitions:

Holder

An individual or entity that legally possesses a negotiable instrument, such as a check or a bond, and has the right to collect the value of the instrument.

Payable

Describes an amount of money that is owed and should be paid, often within a specified period.

Bearer

Refers to an individual or entity in possession of a negotiable instrument, such as a check or bond, that is payable to whoever holds it.

Payable

Due for payment; a financial obligation that one party has to pay to another.