Which of the following is NOT true of the Sophists?

A) They were masters of rhetoric and reasoning.
B) They established a model for today's lobbyists.
C) They gathered in the amphitheaters to extol the virtues of political candidates.
D) They were not elected to leadership positions because they were good speakers.

D

Business

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Information is defined as numerical or verbal descriptions that usually result from sort of measurement

A. True B. False

Business

Jones, Smith, and Bay wanted to form a company called JSB Co. but were unsure about which type of entity would be most beneficial based on their concerns. They all desired the opportunity to make tax-free contributions and distributions when appropriate. They wanted earnings to accumulate tax-free. They did not want to be subject to personal holding company tax and did not want double taxation of income. Bay was going to be the only individual giving management advice to the company and wanted to be a member of JSB through his current company, Channel, Inc. Which of the following would be the most appropriate business structure to meet all of their concerns?

A. Proprietorship. B. S corporation. C. C corporation. D. Limited liability partnership.

Business