Eth/321T Week 2 Apply Assignment Questions and Correct Answers the Latest Update and Recommended Version
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Course
Eth/321T
Institution
Eth/321T
Sandy works for RigorMart. She supervises regional managers and directs them based on
orders from the board of directors. Sandy's position also entitles her to stock ownership in the
company. What is Sandy's position in the company?
EXECUTIVE & SHAREHOLDER
Rita wants to be involved in busine...
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Eth/321T Week 2 Apply Assignment
Questions and Correct Answers the
Latest Update and Recommended
Version
Sandy works for RigorMart. She supervises regional managers and directs them based on
orders from the board of directors. Sandy's position also entitles her to stock ownership in the
company. What is Sandy's position in the company?
✓ EXECUTIVE & SHAREHOLDER
Rita wants to be involved in business. She has a fair amount of money to invest, but she does
not want to be involved in management. She wants to form a business in the quickest way
possible under her circumstances. Which form of business would be best for Rita?
✓ LIMITED PARTNERSHIP
Noodleoo, a struggling restaurant chain, wants to enact a franchise agreement with Stephen
to sell its product through a chain-style franchise. Stephen agrees and opens the store, and 6
months later Noodleoo goes bankrupt. Which is most likely true of this situation?
✓ If Noodleoo was not transparent with its financial data, it has broken the Franchise Rule.
Cadence works for WilderCorp. She meets with a team to make all-encompassing decisions
concerning the direction of the business. She also personally supervises managers and conducts
training for supervisors and plant managers. Cadence also buys stock in WilderCorp. What is
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