State governments may restrict competition in industries such as cable television and not violate antitrust laws
a. True
b. False
Indicate whether the statement is true or false
True
Business
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An example of an economic trading-area barrier is _____
a. travel distance b. travel time c. high sales-tax rates d. travel difficulty as measured by road conditions
Business
A preferred stockholder is sometimes referred to as a residual owner, since in essence he or she receives what is left—the residual—after all other claims on the firm's income and assets have been satisfied
Indicate whether the statement is true or false
Business
An ambiguity in an insurance policy is generally interpreted in favor of the insurer
Indicate whether the statement is true or false
Business
Verbal communication should be straightforward and unambiguous
a. True b. False Indicate whether the statement is true or false
Business