Consolidated shareholders' equity:
A) is equal to that of the parent company under the Equity Method.
B) is higher under the Equity Method when the subsidiary does not declare dividends.
C) is equal to the sum of the Shareholders' Equity Sections of the parent and the
subsidiary.
D) does not include any non-controlling Interest.
A) is equal to that of the parent company under the Equity Method.
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When making a difficult decision, Dean makes sure everyone affected by his decision gets a fair deal. It appears Dean is using the _________ ethical approach.
A. Golden Rule B. four-way test C. stakeholders’ approach D. discernment and advice
Jason and Stacey posted a copy of their favorite movie, Frozen, on YouTube. When YouTube realized it was posted, it removed it to avoid breaking copyright laws and was not liable for the posting. This is known as
a. a legal reaction. b. a safe harbor. c. the digital solution. d. copyright liability.
All of the following are correct concerning stop payment orders, except: ______
A) a stop payment order may be issued if a payee has failed to perform under a contract. B) a stop payment order does not prevent a holder in due course from demanding payment. C) a stop payment order is invalid for some forms of checks. D) a stop payment order must be in writing to be effective.
Landscaper Lottie used her machinery, employee labor, and her expertise to landscape Opal's new guest home. Opal fails to pay for the landscaping because she has run out of money. Lottie files a lien against the real property. This lien is called a(n)
A. artisan's lien; her landscape design is a work of art. B. landlord's lien; Opal is planning to rent the guest house to a tenant. C. mechanic's lien; it was created by improving real property. D. purchase money security interest.