An independent contractor may not act in the capacity of an agent.

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


False

Business

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In March of 2013 . Mars Corp bought 45,000 shares of Elite Corp's listed stock for $450,000 and classified the shares as available-for-sale securities. The market value of these shares had declined to $300,000 by December 31 . 2013 . Mars changed the classification of these shares to trading securities in June of 2014 when the market value of this investment in Elite's stock had risen to $345,000

. How much should Mars include as a loss on transfer of securities in its determination of net income for 2014? a. $0 b. $45,000 c. $105,000 d. $150,000

Business

Paramount in all advice offered about handling media in a crisis is to ________

A) never, ever lie B) softly make your point once and move on C) engage the media in a battle when necessary D) go off the record if asked

Business

Improvements to existing machines, processes, or compositions of matter cannot be patented

Indicate whether the statement is true or false

Business

The ______ department provides global planners with information on capital expenditure planning and budgeting activities.

A. finance B. marketing C. information technology D. suppliers

Business