The Federal Trade Commission Act of 1914 is important because ________

A) its narrow language focuses on monopolistic practices
B) its broad language brings antitrust enforcement actions against business conduct prohibited by the Sherman and Clayton Acts
C) it amends the Clayton Act to permit horizontal mergers in cases involving market-division activity
D) it amends the Sherman Act to permit monopolistic behaviors that would otherwise be considered unfair


B

Business

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When a friend is telling you about a great new restaurant she visited, you are distracted by the sight of an attractive person crossing the street and do not attend to your friend’s message. This situation demonstrates ______.

a. It is possible to hear someone without listening them. b. Interpretation is a part of listening. c. Hearing is fundamentally active. d. It is possible to listen to someone without hearing them.

Business

Inbound logistics and operations are part of the support value activities.

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

Business

The following data has been collected about Keller Company's stockholders' equity accounts:  Common stock $10 par value 30,000 shares  authorized and 15,000 shares issued, 2000 shares outstanding$150,000?Paid-in capital in excess of par value, common stock60,000?Retained earnings35,000?Treasury stock25,000?Assuming the treasury shares were all purchased at the same price, the number of shares of treasury stock is: 

A. 35,000. B. 60,000. C. 13,000. D. 150,000. E. 30,000.

Business

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

The conceptual framework is an attempt to provide a metatheoretical structure for financial accounting.

Business