A national magazine published an article about a famous television star. The television personality is upset because the information contained in the story is not correct. If the actress sues the magazine:
a. she will need to show that the magazine has a history of being "reckless" with facts on a regular basis.
b. she will need to show that the magazine either knew the story was false or acted with reckless disregard of the facts.
c. she will need to show that the magazine failed to attempt to verify the story by trying to contact her or her agent before the story was printed.
d. she will need to show that the magazine could have discovered that the story was false but failed to do so.
b
You might also like to view...
Under international accounting standards, cash received from interest (associated with interest revenue) can be shown on the statement of cash flows as an
a. operating activity only. b. operating or financing activity. c. operating or investing activity. d. investing or financing activity.
Lawyers, accountants, and other professionals typically price by adding a standard markup for profit. This is known as ________
A) target costing B) value pricing C) cost-plus pricing D) break-even pricing E) penetration pricing
Kamper Company sells two products Big Z and Little Z. Current direct material and direct labor costs are detailed below. Next year, the company wishes to use a plantwide overhead rate with direct labor hours as its allocation base. Next year's overhead is estimated to be $475,000. The direct labor and direct materials costs are estimated to be consistent with the current year. Direct labor costs $20 per hour and the company expects to manufacture 32,000 units of Big Z and 9,000 units of Little Z next year. DirectMaterialper UnitDirectLabor Dollarsper UnitBig Z$6 $17 Little Z$12 $8 What are total estimated direct labor hours for this next year?
A. 916,000 total DLH. B. 30,800 total DLH. C. 300,000 total DLH. D. 1,025,000 total DLH. E. 616,000 total DLH.
Which Change Is Easier – Proactive or Reactive?
What will be an ideal response?