Reference no: EM132282771
The? _____________ section is the part of the business plan that breaks the industry in which a firm intends to compete into segments and zeroes in on the specific segment to which the firm will try to appeal.
competitor analysis
executive summary
plan of operation
marketing strategy
business and industry profile
2. The rules of evidence protect confidential client communications to a lawyer to __________.
encourage full disclosure by clients
make it easier for people to file a petition for a writ of certiorari
enable lawyers to communicate effectively with judges
qualify corporations as citizens of more than one state
insulate the attorney from prosecution for criminal acts
3. _____ of the U.S. Constitution provides that judicial power be vested in the Supreme Court and such lower courts as Congress may create.
The due process clause
The First Amendment
Article III
The Fifth Amendment
Article VII
4. How is a sole proprietorship? taxed?
A. A sole proprietorship is taxed at the same rate at which corporations are taxed.
B. Most sole proprietorships are so small that they pay no taxes.
C. A sole proprietor reports the income from his or her sole proprietorship on his or her personal income tax? return, and the amount is taxed at the? entrepreneur's personal tax rate.
D. A sole proprietorship is taxed at a special sole proprietorship rate.
E. A sole proprietorship is taxed at a rate that is? one-half of the rate at which partnerships are taxed.
5. Which form of ownership accounts for the greatest percentage of? businesses' sales? revenue?
A. C corporation
B. Sole proprietorship
C. S corporation
D. Limited partnership
E. Limited liability company
6. Which of the following is most likely to be a federal question case?
A case that has the United States as a party
A case that is based on issues arising out of the U.S. Constitution
A case that only deals with issues where the amount of money exceeds $9,000,000
A case that is solely based on certain suits between citizens of different states
A case that solely deals with disputes between a citizen and a corporation