BUSN311 Week Eight Final Exam. 100% Correct Answers

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Week Eight Final Exam Return to Assessment List Part 1 of 1 - 75.0 Points Question 1 of 16 5.0 Points Joe plans to form Joe’s Plumbing, Inc. He enters into a contract with Mary on Monday and th... en forms his corporation on Tuesday. Joe breaches the contract. Mary sues Joe and Joe’s Plumbing, Inc. for breach of contract. A.Mary will lose the suit against Joe’s Plumbing, Inc. B.Mary will lose the suit against Joe C.Mary will likely win the suit against Joe.. D.Joe is protected from liability for the acts of Joe’s Plumbing, Inc. Answer Key: C Question 2 of 16 5.0 Points Denny forms, ACME, Inc. From this point on no one can successfully sue Denny over any contract entered into by ACME, Inc. A.True B.False Answer Key: B Question 3 of 16 5.0 Points The purpose of SOX is to protect corporate management in the event that inaccurate SEC disclosures are filed. A.True B.False Answer Key: B [Show More]

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