The relationship between sales and profits can be written as
A. sales revenues + expenses = profit.
B. loss + profit = sales revenue.
C. profit ? expenses = sales revenue.
D. expenses + loss = sales revenue + profit.
E. sales revenue ? expenses = profit.
Answer: E
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In Palmer v. Champion Mortgage, Palmer received a debt-consolidation loan from Champion. When she signed the loan agreement, she also received the required TILA disclosures. Several days later Palmer received copies of the documents and a notice of her right to cancel under TILA, which permitted her to cancel within three business days of three different dates stated in the document. Over a year later, Palmer filed to cancel the transaction, claiming that the time frames given to her in the TILA disclosures were too confusing. The court held that Palmer
A. could not cancel her loan because the TILA does not permit cancellation of loans. B. could not cancel her loan because the TILA disclosures would not confuse an objectively reasonable consumer. C. could cancel her loan because of the extended three-year time frame of the TILA. D. could cancel her loan because the time disclosures were too confusing.
Which of the following is considered a wholesaler?
A) retailer B) broker C) producer D) manufacturer E) farmer
The piercing the corporate veil doctrine is also called the alter ego doctrine because it may be used when the corporation becomes the alter ego of the shareholder
Indicate whether the statement is true or false
A request is not neutral if you
A) believe that the reader will object to granting your request. B) anticipate no resistance from the reader responding to your request. C) think the reader will appreciate the opportunity to comply with your request. D) are making a simple request without persuasion. E) put a direct question or polite request in the first sentence or two.