Federal laws often provide more sweeping and significant protections for the consumer than state laws.?
Indicate whether the statement is true or false
False
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It is most accurate to say that a business plan is used to communicate the performance and direction of a business to ________
A) targeted markets B) consumers C) government regulators D) potential investors and stakeholders E) marketers
In Stage 2 of ABC allocation:
A) cost drivers are determined and costs are traced to each activity. B) activities are identified. C) predetermined overhead rates are calculated. D) equivalent units are computed.
Which of the following is NOT true of nonprofit organizations?
a. They are self-governing. b. They may never earn a profit. c. They are organized entities. d. They are exempt from most taxes. e. The serve a social purpose.
In the Tannenbaum v. New York Dry Cleaning, Inc. case,
A. there was a bailment for hire, and the fact that the bailee was unable to return the bailed item except in a damaged condition created an irrebuttable presumption that the damage to the item was attributable to the bailee's negligence. B. the court stated that a company cannot, under New York law, use an exculpatory clause to relieve itself from liability for the consequences of its own negligence. C. the court found that the claimant was not bound by the terms of the dry cleaning company's limitation clause because, even if it applied to the situation before the court, the claimant had not read the clause nor had he assented to its terms. D. the court found that the claimant was negligent in not reading the limitation clause on the back of his claim ticket, so he could not recover the cost of his shirt.