Agency heads and commissions are required to defer to an administrative law judge's factual findings

Indicate whether the statement is true or false


FALSE

Business

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When poorly designed goods or services affect consumers adversely, consumers have legal recourse ______.

A. by going on strike B. by filing a lawsuit C. by writing to the World Trade Organization D. by writing to the United Nations

Business

Which of the following is/are true?

a. Most derivative acquisitions represent marketable securities held as current assets. b. The cash flow from operations section shows a subtraction for the increase in the current asset accounts in an amount equal to the firm's expenditure to acquire the derivative. c. If the firm classifies the derivative as a nonoperating asset, then the cash outflow appears in the investing section of the statement of cash flows. d. Subsequent to acquisition, the firm may report changes in the fair value of the derivative in income. e. all of the above

Business

Pattern, Inc enters into a contract to deliver 10,000 units of raw materials to Phoebus, Inc Pattern delivers the raw materials two days after the delivery date. Pattern offers to pay damages based on a clause in the contract

What type of damages is Pattern paying? A) liquidated B) compensatory C) punitive D) nominal

Business

Dan makes a will leaving a specific sum of money to each surviving relative. The assets of Dan's estate are not enough to make all of the gifts in full. This situation requires

A. an abatement. B. a publication. C. a residuary. D. a revocation.

Business