Multiple Choice
Wade serves on Foot Locker's board of directors. How did Wade get this position?
A) He volunteered for the assignment.
B) He was appointed by the chief executive officer.
C) He was assigned by the Federal Trade Commission.
D) Through default as the largest stockholder, Wade got the position.
E) He was elected by the company's stockholders.
Correct Answer:

Verified
Correct Answer:
Verified
Q64: Describe the advantages and disadvantages of a
Q65: Quarrels among business associates have become common.
Q66: Compared to a corporation, a partnership is
Q67: Most partnerships have _ partners.<br>A) two<br>B) three<br>C)
Q68: What does double taxation mean?<br>A) Companies must
Q70: In a limited partnership, a limited partner's
Q71: As a limited partner in a construction
Q72: The person who assumes full co-ownership of
Q73: Brian wants to start a business that
Q74: Corporations account for about 95 percent of