For tax purposes, small businesses may expense the first $250,000 of equipment expenditures, rather than having to allocate their costs over a number of years
Indicate whether the statement is true or false
T
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A majority of the states have passed legislation establishing a cooling-off period during which the consumer may void a contract to purchase goods and services
Indicate whether the statement is true or false
The technique of randomly generating values for unknown elements in a model using random sampling is known as ________
A) optimization B) Markov analysis C) discrete-event simulation D) simulation gaming E) Monte Carlo simulation
At an auction for the first time, Dulcineabids on a one-hundred-year-old Edison-brand phonograph, believing that it is worth more than the price asked. When the item proves to be less valuable, Dulcinea is
a. liable on the bid. b. not liable on the bid because Dulcinea overestimated the value of the auctioned item. c. not liable on the bid because the auctioneer overstated the value of the auctioned item. d. not liable on the bid because this was Dulcinea's first auction.
Nikita, an employee-agent of Operational Processes, Inc, is authorized to access company trade secrets. Nikita downloads those secrets onto a thumb drive. She then quits Operational's employ and goes to work for Quantum Analysis, Inc, an Operational competitor, with whom she shares the secrets. With respect to the agent's duty of loyalty to her principal, this is
a. unethical, but not illegal. b. neither unethical nor illegal. c. illegal, but not unethical. d. unethical and illegal.