FTC staff members propose complaints to:
a. five executives
b. ten commissioners c. five commissioners d. district courts
e. the U.S. Supreme Court
c
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The failure to obtain a license required by a statute for revenue-raising purposes:
A. automatically declares the contract void for the protection of the public. B. affects the legality of the unlicensed person's agreements and it will be considered void. C. does not affect the legality of unlicensed persons' agreements. D. results in generally unenforceable contracts.
Which of the following is not true about a stock dividend?
a. With a stock dividend, the firm issues a percentage of outstanding stock as new shares to existing shareholders. b. The overall effect of a stock dividend is to leave total stockholders' equity and each owner's share of stockholders' equity unchanged. c. In theory, with a stock dividend, total market value considering all outstanding shares should not change. d. Since the number of shares changes under a stock dividend, any ratio based on the number of shares must be restated. e. The accounting for a stock dividend, assuming the distribution is relatively small, requires that the par value of the stock be removed from retained earnings.
An invention is "novel" if it is explained in book format
a. True b. False Indicate whether the statement is true or false
The federal statutes on race, gender and employment discrimination apply both to employees and independent contractors
a. True b. False Indicate whether the statement is true or false