Noerr doctrine is guaranteed by the Bill of Rights

Indicate whether the statement is true or false


TRUE

Business

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All of the following are true of feedback during a sales presentation EXCEPT that it:

A. requires a verbal response for clarification. B. refers to a recognizable response from the buyer. C. can be obtained by asking probing questions. D. must often be sought during a presentation. E. requires the salesperson to receive and decode it.

Business

Batch level costs occur once for each unit produced

Indicate whether the statement is true or false

Business

An S corporation distributes land with a basis of $60,000 and a FMV of $90,000 to its shareholder. The tax results of the distribution will be

A. $30,000 of gain recognized by the S corporation which is passed through to the shareholder. B. $30,000 of gain recognized by the S corporation and no pass-through to the shareholder. C. no gain recognized by the corporation but $30,000 of gain recognized by the shareholder. D. no gain to the corporation or to the shareholder.

Business

A company has bonds outstanding with a par value of $140,000. The unamortized premium on these bonds is $3500. If the company retired these bonds at a call price of 98, the gain or loss on this retirement is:

A. $2800 loss. B. $3500 loss. C. $2800 gain. D. $3500 gain. E. $6300 gain.

Business