Discuss the types of penalties administrative agencies can impose for violations


Cease and desist orders; injunctions; civil penalties; loss of license; in some cases, criminal penalties, corrective advertising; restitution to defrauded consumers; they have wide discretion in developing appropriate penalties.

Business

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Albert, Billy, and Cathy share profits and losses of their partnership in a 1:6:3, ratio respectively. If the net income is $60,000, calculate Billy's share of the profits. (Do not round any intermediate calculations.)

A) $12,000 B) $18,000 C) $36,000 D) $6000

Business

For any continuous random variable, the probability that the random variable takes on exactly a specific value is

A. 1.00. B. 0.50. C. any value between 0 to 1. D. 0.

Business

The transmission of data, voice, and video via any wireless-enabled computing device, without a fixed physical connection, is a technology known as

A. personalized computing. B. GPS computing. C. digital computing. D. mobile computing. E. wireless computing.

Business

Anexclusive-dealing contract is an agreement in which a seller agrees not to sell to a buyer's competitors

Indicate whether the statement is true or false

Business