United States antitrust laws have broad extraterritorial reach
Indicate whether the statement is true or false
True
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Within a few days of certain major events, a report must be issued by publicly held corporations to
a. stockholders. b. the SEC. c. Dun & Bradstreet. d. creditors.
In a typical P.E.S.T analysis, which of the following examples is considered an economic trend
affecting the market? A) waiving off part of road tax levied on automobiles which use greener fuels B) imposing a new tax on citizens who move from one state to another C) passing a new law that restricts the amount of carbon oxide that industries can emit without penalties D) increasing the interest rate on home and automobile loans issued by banks
Bill is injured when his new motorcycle speeds out of control because of a defective part. In most jurisdictions, Bill
a. can sue the motorcycle manufacturer even though he does not have privity. b. cannot sue the motorcycle manufacturer because his injuries are personal injuries as opposed to economic loss. c. cannot sue the motorcycle manufacturer because the law requires arbitration. d. cannot sue the motorcycle manufacturer because there is no privity of contract.
On January 4, Year 1, Barber Company purchased 5100 shares of Convell Company for $60,500 plus a broker's fee of $1020. Convell Company has a total of 25,500 shares of common stock outstanding and it is presumed the Barber Company will have a significant influence over Convell. During each of the next two years, Convell declared and paid cash dividends of $0.85 per share, and its net income was $73,000 and $68,000 for Year 1 and Year 2, respectively. What is the book value of Barber's investment in Convell at the end of Year 2?
A. $89,720. B. $88,720. C. $52,850. D. $81,050. E. $61,520.