The Racketeer Influenced and Corrupt Organizations Act has been applied to defendants who
have no connections to organized crime.
Indicate whether the statement is true or false
TRUE
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________ are manufacturer-owned and operated stores that offer prices as low as 50 percent below retail on a wide range of mostly surplus, discounted, or irregular items
A) Category killers B) Factory outlets C) Specialty stores D) Superstores E) Power centers
Which of the following statements is true of defamation?
A) If the defamation is published in a permanent form, the tort is called slander. B) To recover damages in a case of libel, the plaintiff must demonstrate an actual monetary loss resulting from the defamatory statement. C) A statement that is merely one of opinion and not a statement of a fact is not considered to be defamatory. D) A plaintiff must prove special damages if the statements constitute slander per se.
Which of the following statements is true of perception of reality??
A) ?It is limited by previous experiences. B) ?It is unaffected by our attitudes toward the sender of a message. C) ?It is similar among individuals with similar backgrounds. D) ?It is independent of our viewpoints.
Smokey's Sandwich Shoppe paid $3,000 for a 2-year insurance policy on March 1, 2018. The accountant forgot to make any adjustments during the year. What effect would this have on the financial statements for 2018?
A) Net income would be overstated by $1,250. B) Net income would be understated by $1,250. C) Assets would be overstated by $3,000. D) Assets would be understated by $3,000.