The most common form of planned shopping center is the _____
a. neighborhood shopping center
b. regional shopping center
c. community shopping center
d. string
a
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When McDonald's makes an advertising claim that the company offers the best-tasting hamburgers, the practice is known as:
A) a code of ethics violation B) misleading and deceptive advertising C) puffery D) cross-promotions
The credibility standard of management accountants state that management accountants must communicate information fairly and objectively. This means essentially that accountants must perform each task
A) as professionals, possessing the degree of skill of those management accountants who held the position before them. B) to provide relevant information, both positive and negative, to the recipients of their reports. C) in conformity with generally accepted accounting principles. D) to the satisfaction of government regulators.
If a contract varies so much from community standards of commercial morality that it should not be enforced the court will rule the contract is
A) void as it is unconscionable B) void due to duress C) void due to unfairness D) void due to undue influence E) void due to mistake
Which of the following statements about offer and acceptance for insurance contracts is true?
A) In property and liability insurance, agents typically do not have the authority to bind coverage. B) In life insurance, the agent can usually accept an offer by immediately binding coverage. C) In property insurance, the offer and acceptance are usually in writing but may be oral. D) In life insurance, completing the application and paying the first premium constitute acceptance of the offer from the insurer.