Which of the following is a characteristic of a professional corporation?
A) It is organized as a public corporation but taxed as a partnership.
B) Its owners cannot take the tax advantages of deductions for health.
C) Its owners are considered limited partners rather than general partners.
D) Its owners do not enjoy limited liability for their negligence.
D
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Which of the following statements is true about code law?
A) In code-law countries, intellectual property rights are established by prior use. B) It is established based on the rulings from previous cases. C) It uses written norms, which are complemented by court decisions. D) In code-law countries, companies are granted the ability to operate by public authority.
________ is an application of a controlled experiment done in limited, but carefully selected, test markets
A) Random sampling B) Parallel sampling C) Experimentation D) Selective control sampling E) Test marketing