________ refers to the use of secondary user IDs or bidders who have no actual intention to buy to artificially raise the price of an item.

A. Bid manipulation
B. Shill feedback
C. Shill bidding
D. Bid rigging


Answer: C

Business

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A prima facie ethically legitimate market exchange is conditional to mutual benefit for each party involved.

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

Business

The ______ is a law that requires employers to offer to maintain health insurance for a period of time on individuals who leave their employment.

A. Family and Medical Leave Act B. Patient Protection and Affordable Care Act C. Consolidated Omnibus Budget Reconciliation Act D. Social Security Act

Business

Which of the following items is subtracted from book income to arrive at taxable income?

A. 50% of meal expenses. B. The excess of capital losses over capital gains. C. Charitable contributions in excess of the 10% limit. D. Interest received on tax-exempt bonds.

Business

Under both the UCC and the CISG, if the seller shipped nonconforming goods to the buyer:

a. the seller may not "cure" and the contract is to be rescinded. b. the seller may "cure" by delivering conforming goods, as long as the time for performance called for in the contract has not expired. c. the seller may "cure" by delivering conforming goods at any time. d. the seller may repudiate the contract for nonperformance.

Business