Judicial review is the power of the federal courts to declare a statute or governmental action unconstitutional and void

a. True
b. False
Indicate whether the statement is true or false


True

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What is the difference among vertical, horizontal, and grapevine communication?

What will be an ideal response?

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All contracts between adults and minors are voidable, without exception

Indicate whether the statement is true or false

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Does your jurisdiction’s rules of lawyer conduct have a section for paralegals and/or legal assistants?

What will be an ideal response?

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Ravena Labs., Inc. makes a single product which has the following standards:Direct materials: 2.5 ounces at $20 per ounceDirect labor: 1.4 hours at $12.50 per hourVariable manufacturing overhead: 1.4 hours at 3.50 per hourVariable manufacturing overhead is applied on the basis of standard direct labor-hours. The following data are available for October:•3,750 units of compound were produced during the month. •There was no beginning direct materials inventory. •Direct materials purchased: 12,000 ounces for $225,000. •The ending direct materials inventory was 2,000 ounces. •Direct labor-hours worked: 5,600 hours at a cost of $67,200. •Variable manufacturing overhead costs incurred amounted to $18,200. •Variable manufacturing overhead applied to products: $18,375. The

materials quantity variance for October is: A. $12,500 Favorable B. $52,500 Favorable C. $12,500 Unfavorable D. $52,500 Unfavorable

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