The World Trade Organization recently ordered that certain United States income tax laws be
changed because they amounted to impermissible favorable tax subsidies.
Indicate whether the statement is true or false
TRUE
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The ability to lead effectively sets the ________ managers apart from the rest.
A. mediocre B. lower-level C. fair D. poor performing E. excellent
The person to whom an offer is made is an offeree
a. True b. False Indicate whether the statement is true or false
DiazJohn Diaz immigrated to Tallahassee from Cuba in the 1980s. He set up a coffee shop called Diaz in a small upper-middle-class neighborhood. It rapidly became popular because of the wonderful coffee it brewed. Soon Diaz was selling the finest coffees from around the world, plus coffee-making necessities such as grinders and brewers. Within ten years, Diaz was operating a lucrative mail-order business in addition to his coffee shop.Upon entering the shop, the first thing the customer sees is a countertop crowded with all of the machinery needed for making a perfect cup of coffee. Marble-topped tables are set in cozy nooks with overstuffed chairs. Bookshelves on one wall hold books about coffee for patrons to read while they sip. The smell is intoxicating to a real coffee lover. Coffee
drinkers can take home a pound when they leave. The store carries all types of coffee from $300 per pound Kopi Luwak from Sumatra to Brazilian Cerrado for $8 a pound.Refer to Diaz. The type of merchandise carried by Diaz is deep but with a narrow assortment. The store would most likely be classified as a: A. convenience store B. mass merchandiser C. specialty store D. category killer E. membership club
You are on the subway in New York when you overhear two people you do not know talking about an upcoming merger, news not yet public. They seem to know their stuff. If you buy stock based on this information, and profit when the information turns out true, you have:
a. profited, but are an outsider and so your actions are probably not illegal b. engaged in insider trading that is probably illegal c. not engaged in insider trading because you are not a corporate officer d. not engaged in insider trading because once you overheard the information it was public e. violated the Insider Trading Sanctions Act and could face criminal charges