The test for duress is objective and the act constituting duress must be a tort or a crime in order to be wrongful

Brewed Awakenings, Inc., issued 1,000 shares of its 5%, $100 par value, cumulative preferred stock for $100 per share. The journal entry to record this event includes a ______

a. $100,000 debit to Cash b. $100,000 credit to Cash c. $100,000 credit to Preferred Stock d. $5,000 credit to Preferred Stock e. $95,000 credit to Preferred Stock f. $95,000 debit to Cash

Corporate social responsibility (CSR) refers to a company's obligation to pursue goals and policies that are in a company's best interest

Indicate whether the statement is true or false