Under the supremacy clause, a valid federal statute or regulation will preempt a conflicting state or local law or regulation on the same general subject

Indicate whether the statement is true or false


True

Business

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Discounting a note receivable

a. Requires using an account called discount on notes receivable b. Is the process of lending money c. Slows the collection process d. Is the process of selling a promissory note

Business

Which of the following terms best represents a response intended to prove an objection is wrong?

A) Concession B) Aggregation C) Argumentation D) Refutation E) Accession

Business

Notes Receivable and Accounts Receivable can also be called trade receivables

Indicate whether the statement is true or false

Business

When clothing retailer Gap Inc discovered that some suppliers allegedly used under-age workers to make its clothing, the company quickly stopped selling these products, launched an investigation, and publicly committed to sever ties to any implicated suppliers. These actions are an example of

A) situational ethics. B) corporate whitewashing. C) religious ethics. D) corporate social responsibility. E) minimal compliance with the law.

Business