Which of the following is a disadvantage of the corporate form?

Victoria is helping a new corporation apply to the state of Florida for incorporation. Victoria is considered a ________blank of the new corporation.

Not all ________blank are ________blank because they cannot enter into contracts on behalf of the principal unless the principal authorizes them to do so. Examples include building contractors, doctors, stockbrokers, and lawyers.

Which of the following is true regarding criteria needed for creation of the agency relationship?

What type of relationship has formed when the parties have agreed that one person will have power to bind the other person in contract?

Anna employed Thomas as her flower delivery person. Thomas negligently ran a red light and hit Erin’s car causing $10,000 in damages. Anna could seek ________blank from Thomas for the damages he caused to Erin’s car.

After a corporation has gone through the incorporation process, how are directors generally elected?

What duty does a principal have concerning safe working conditions?

An organization may be ruled as a ________blank corporation if an error or an omission was made during the incorporation process.

Which of the following is the most common type of agency in the United States?