A person may misappropriate a trade secret by unintentionally discovering it

a. True
b. False
Indicate whether the statement is true or false


False

Business

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When examining products, consumers compare an observed price to an internal reference price they remember or an external frame of reference

Indicate whether the statement is true or false

Business

Which of the following would generally be written using a direct format?

A) Refusing social networking recommendation requests B) Refusing requests for recommendations C) Refusing requests for claims and adjustments D) Rejecting suggestions and proposals E) Refusing routine requests

Business

A contingent liability should be recorded when

a. any lawsuit is actually filed against a company. b. it is certain that funds are available to pay the amount of the claim. c. it is probable that a liability has been incurred even though the amount of the loss cannot be reasonably estimated. d. the amount of the loss can be reasonably estimated and it is probable prior to issuance of financial statements that a liability has been incurred.

Business

An advantage of downsizing is

a. one time losses. b. layoffs. c. reduced communications. d. decreased costs in the long run.

Business