State can suspend their corporate status until taxes are paid or __________ the corporation for failing to pay taxes.

A voidable contract remains binding upon the parties until the contract is:

a. voided. b. rescinded. c. determined to be legal. d. unqualified.

A company producing apps for a social networking site is deciding which path to pursue. The first is to create an app that has universal appeal but faces a crowded market

This app, A, would have sales of 100,000 copies at $1 each under ideal conditions, but under tough conditions would have sales of only 60,000 copies at $.80 each. The other app, B, would have sales of 500,000 units at $.50 each under ideal conditions but sales would be reduced to 10,000 units at $.50 each under tough conditions. If ideal and rough conditions occur with the same frequency, which app should the company produce? Note: both apps cost the same amount to develop.