Under Rule 10b-5, any use of the mails is sufficient to satisfy the interstate commerce condition even if the mail does not leave the state

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


True

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Sales promotion expenditures increased as a percentage of budget expenditure for a number of years. Growth has, however, recently slowed. Which of the following is a factor that has contributed to the growth of sales promotion expenditures?

A) Many brands have come to be seen as dissimilar. B) The efficiency of advertising as a promotion has improved. C) The trade demands more deals from manufacturers. D) Consumers have become less price-oriented. E) The number of brands in the market has decreased.

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The Discounted Payback Period in B9 will be ___________ the Payback Period in B7.



a) less than
b) equal to
c) greater than
d) Could be any of the above
e) None of the above

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Costs that flow directly to the income statement as expenses are called:

A. Period costs. B. Capitalized costs. C. Product costs. D. Balance sheet costs. E. General costs.

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Why are appeal courts normally reluctant to change findings of fact made by a trial judge

or a jury? A) because transcripts submitted are normally deficient. B) because of the operation of the principle of stare decisis C) because not having seen the witnesses they are not well placed to assess the credibility of the testimony given D) because not having seen the witnesses they cannot apply the relevant law E) because they are limited in their fact finding capabilities by the Constitution

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