Ordinarily, a merger requires approval of both boards of directors and the shareholders of both

corporations.

Indicate whether the statement is true or false

TRUE

Business

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The costs of organizing a corporation include legal fees, fees paid to the state of incorporation, fees paid to promoters, and the costs of meetings for organizing the promoters. These costs are said to benefit the corporation for the entity's entire life. These costs should be

a. capitalized and never amortized. b. capitalized and amortized over 40 years. c. capitalized and amortized over 5 years. d. expensed as incurred.

Business

The key to buzz marketing is letting consumers enjoy the benefit of a good or service before actually making a purchase

Indicate whether the statement is true or false

Business