Equities are more commonly issued as public offerings than as private offerings
Indicate whether the statement is true or false
TRUE
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Intentional misrepresentation occurs when a seller or lessor ________
A) fails to warn customers about the dangerous propensities of a product B) shows negligence in product design C) fails to assemble a product carefully D) conceals a defect in a product
Among the merits of why acting in a socially responsible manner is "good business," what remains to be proven in practice?
A. Operating in a socially responsible manner protects the company from consumer, environmental, and human rights activist groups that are quick to criticize businesses whose behavior they consider to be out of line. B. Companies with good reputations for contributing time and money to bettering society are better able to attract and retain employees compared to companies with tarnished reputations. C. To the extent that a company's socially responsible behavior wins applause from consumers and fortifies its reputation, a company may win additional patronage. D. Well-conceived social responsibility strategies help avoid or preempt legal and regulatory actions that could prove costly to the company. E. That there is a high correlation between socially responsible behavior that addresses social issues and a firm's competitive advantage and financial performance.
Which of the following is a source of cash flows?
A) increase in marketable securities B) increase in accounts payable C) decrease in notes payable D) repurchase of stock
Under the doctrine of respondeat superior, an agent is liable for any harm caused to a principal by a third party.
Answer the following statement true (T) or false (F)