Blog

Notes and certificates of deposit are orders to pay money to a third person.

Regarding the capital stock structure of a corporation, The holders of these type of securities do not have an ownership interest in the corporation.  These securities are funds borrowed by the corporation from outside investors with the promise to repay (Hint: this creates a Debtor-Creditor relationship between the corporation and the holder of the security). 

Which of the following is not one of the attributes of a corporation?

A violation of the Economic Espionage Act occurs when there is a trade secret and (1) an employee wrongfully uses or discloses it or (2) a competitor wrongfully obtains it.

When a shareholder sells the stock of the corporation, the ownership of the corporation changes, and a new corporation is formed.

This is the person who brings about the “birth” of a corporation. 

A distinctive symbol used to indicate the producer or provider belongs to a trade union, trade association, fraternal society, or other organization is:

The chief protein that is present in most connective tissues, including scars, ligaments, and tendons, is:

According to the Dietary Guidelines for Americans, people should increase their total trans fat intake to maintain good health. 

A young man says that he is consuming much more protein in his diet than the recommended amount. He feels that he needs the extra amount just in case he wants to build more muscle mass in the near future. How would you respond to him?