Which of the following corporate characteristics is a disadvantage of a corporation?
A) Stockholders have limited liability.
B) A corporation has a continuous life.
C) There is no mutual agency between the stockholders and the corporation.
D) Earnings of a corporation may be subject to double taxation.
D
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Which of the following represents a continuum from low to high trust?
A. Market exchange, strategic partnership, functional relationship B. Functional relationship, market exchange, strategic partnership C. Market exchange, functional relationship, strategic partnership D. Strategic partnership, functional relationship, market exchange E. None of the above
Which of the following statements is true regarding repeat rates?
A) Repeat rates tend to increase. B) A product can be successful without a high repeat rate. C) A low repeat rate indicates lack of brand awareness. D) For frequently purchased products, repeat rates are the key to success.