Oklahoma enacts a law requiring all businesses in the state to donate 10 per-cent of their profits to Protestant churches that provide certain services to persons whose income is below the poverty level. PriceLess Stores files a suit to block the law's enforcement. The court would likely hold that this law violates
A) ?no clause in the U.S. Constitution
B) ?the establishment clause.
C) ?the free exercise clause.
D) ?the supremacy clause.
B
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Why is it important for a company to maintain the same accounting methods and practices from period to period?
A company is contemplating investing in a new piece of manufacturing machinery. The amount to be invested is $170,000. The present value of the future cash flows is $185,000. The company's desired rate of return used in the present value calculations was 10%. Which of the following statements is true?
A) The project should not be accepted because the net present value is negative. B) The internal rate of return on the project is less than 10%. C) The internal rate of return on the project is more than 10%. D) The internal rate of return on the project is equal to 10%.
Choose the correct word or words in parentheses. You asked about the meeting; (it's, its) held weekly in the main auditorium
Level Fencing Company wants to present information in "disclosure documents" via the Internet to prospective franchisees. Among other legal requirements with which Level Fencing must comply, prospective franchisees must? A) agree to settle any lawsuits that may arise over the documents
B) be able to download or save all electronic documents. C) provide e-mail addresses for Level Fencing to verify users' authenticity. D) register with the Federal Trade Commission via Level Fencing's Web site.