The like-kind exchange provisions are elective provisions.

Answer the following statement true (T) or false (F)


False

Business

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An abnormal loss:

a. is treated as a period cost. b. is included as part of the cost of transferred goods. c. results in higher unit cost of the remaining units. d. happens under normal, efficient operating conditions.

Business

Genetic testing services like 23andMe offer DNA analysis based on a saliva sample submitted by mail. What need is 23andMe addressing in their CVP?

a. a lack of time b. a lack of skill c. a lack of access d. a lack of money

Business

U.S. patent law allows cyber business plans to be patented

Indicate whether the statement is true or false

Business

Megan was employed by a large company. Her supervisor told her to falsify government reports. She refused and was fired. She sued for wrongful discharge. Her employer claimed that, since Megan was an at-will employee, she had no legal right to claim the company was liable for damages. Is the employer right?

A) Yes. An at-will employee does not have a legal right to claim wrongful discharge of employment. B) Yes. As an employee, Megan owes a duty of loyalty to her employer. If the company was found to have acted illegally by falsifying the reports, it (not Megan) would be liable. C) No. Even though Megan was an at-will employee, such employees may not be fired without just cause. D) No. Though at-will employees do not have extensive rights relative to job security, they may not be legally fired for refusing to perform an illegal act.

Business