When a corporation issues no-par stock, it debits the asset received and credits the stock account

Indicate whether the statement is true or false

TRUE

Business

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According to corporate charters, the legal line of authority for a company runs from the state, to directors, to managers, and to shareholders of the company in this sequence.

a. true b. false

Business

With stealth marketing, brand ambassadors show and talk about a product to others:

A) without disclosing their true relationship with the brand B) and only disclose their relationship with the brand when asked C) after revealing their relationship with the brand D) only when they are asked by other individuals

Business