Preemption occurs when Congress chooses to act exclusively in a concurrent area and a valid federal statue or regulation takes precedence over a conflicting state or local law
a. True
b. False
Indicate whether the statement is true or false
True
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If consolidated statements are presented for the first time instead of statements of several individual companies, this change should be accounted for
A) retrospectively. B) prospectively. C) by cumulative effect adjustment. D) by footnote disclosure only.
A principal contribution to the field of public relations made by Ivy Ledbetter Lee was ________
A) recognition that the public needed to be informed B) devotion to assisting "robber barons" in damning the public C) support for techniques employed by Barnum D) an enduring belief in muckraking
Difficulties closing the sale are most likely to arise when:
A) the salesperson is not strategically prepared for the close B) the "magic moment" has elapsed before the close has been attempted C) verbal and nonverbal clues contradict each other D) the customer responds positively to the trial close E) the salesperson has too much confidence in the close
The duty of performance requires agents to ________
A) keep books accurately B) exercise reasonable care and skill in performing their work C) communicate all material information to a principal D) follow all the instructions of a principal