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NEW QUESTION: 1
Case Corp. is incorporated in State A.
Under the Revised Model Business Corporation Act, which of the following activities engaged in by Case requires that Case obtain a certificate of authority to do business in State B?
A. Maintaining bank accounts in State B.
B. Maintaining an office in State B to conduct intrastate business.
C. Hiring employees who are residents of state B.
D. Collecting corporate debts in State
Answer: B
Explanation:
Choice "d" is correct. A domestic corporation is one created under the laws of a given state. A foreign
corporation is a corporation created under the laws of another state. A foreign corporation must obtain a
certificate of authority from each state in which it does intrastate business. Choices "a", "b", and "c" are
incorrect because maintaining a bank account, collecting debts, and hiring employees who live within a
state are not considered to be "doing business" within the state.

NEW QUESTION: 2
An investor purchases securities that mature beyond the date when cash is required. The investor intends to sell the investment to meet the cash flow need. This strategy works best when:
A. investment prices are falling.
B. interest rates are increasing substantially.
C. short term rates are lower than long term rates.
D. the yield curve is inverted.
Answer: C

NEW QUESTION: 3
Which technology provides an automated digital certificate management system for use with IPsec?
A. ISAKMP
B. Public key infrastructure
C. Internet Key Exchange
D. Digital Signature Algorithm
Answer: B

NEW QUESTION: 4
While negotiating the terms of the consignment agreement, the buyer and the supplier mutually agree to set aging onset point as receipt and the aging period as five days. The terms also say that the consumption advice will be generated daily.
In which three scenarios will the goods be transferred from the supplier's ownership to buyer's ownership?
A. You received the goods and after four days you return the material to the supplier.
B. You received the goods today and for the next one week you do not plan any action on the same.
C. You received the goods today after six days you decide to transfer the ownership using the "create transfer to consigned transaction" task.
D. You received the goods today and you decided to issue the goods after days without transferring the ownership.
E. You received the goods today and you transfer the ownership using the "create transfer to owned transaction" task.
F. You received the goods today and after three days you transfer the ownership using the "create transfer to consigned transaction" task.
Answer: B,D,E