Question: Please help me answer the following financial problems? 1. Individuals living in Idaho are interested in creating a corporation called Ink, Inc. All its business

Please help me answer the following financial problems?

1. Individuals living in Idaho are interested in creating a corporation called Ink, Inc. All its business activities will be conducted in Idaho. In incorporating, which of the following is true?

A.since all its shareholders live in Idaho, the corporation must incorporate in Idaho.

B.the corporation can incorporate in any state such as Delaware.

C.since all its activities will be in Idaho, the corporation must incorporate in Idaho.

2.Business Law Humor, Inc. grants a franchise to Naomi to operate a Business Law Humor Comedy Club. Business Law Humor may require Naomi to pay a percentage of her

A. local advertising costs.

B.annual receipts.

C.weekly payroll expense

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The course in general is Business Law

As you are finishing up the course, reflect on your experience. Consider the following questions: Have your ideas and perceptions changed about business law and its scope? In what ways? How will you use the information learned in your personal and professional life?

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