According to the Clean Water Act, anyone who discharges wastewater other than just domestic sewage to a publicly owned treatment works (POTW) must obtain an industrial discharge permit from the Environmental Protection Agency (EPA).
Answer the following statement true (T) or false (F)
False
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Mandy calls a local newspaper and pretends to be a neighbor who is away for the winter. She obtains account history and orders the newspaper for six months. Has Mandy committed a fraud? If yes, under which act?
a. No, the newspaper has not yet been delivered or paid. b. Yes, she is in violation of the Gramm-Leach Bliley Act of 1999. c. No, as the neighbor has not served any written notice to keep the information private. d. Yes, she is in violation of Fair and Accurate Credit Transactions Act of 2003.
Answer the following statements true (T) or false (F)
1. In a partnership, a person can become a partner by purchasing an existing partner's interest. 2. The purchase of an existing partner's interest is a transaction between the partnership and the new partner, and not a personal transaction between the two individuals involved. 3. When a new partner enters into a partnership by purchasing an existing partner's interest, the total assets and equity of the business increase. 4. When a new partner is admitted to a partnership by purchasing an existing partner's interest, the business's accounting records do not record the transfer of cash from the new partner to the existing partner. 5. Admission of a new partner to a partnership, by purchasing an existing partner's interest, simply transfers capital from one partner's account to another.
Leonard will be traveling on business to a country where he knows bribes are a normal part of business. Which of the following is the best advice for Leonard?
A) Because the Foreign Corrupt Practices Act of 1977 applies only to U.S. companies, Leonard can legally pay bribes to international companies to obtain business. B) Leonard should offer nonmonetary benefits, such as additional customer service, in lieu of paying bribes. C) Paying bribes is just a normal cost of doing business, and Leonard will be able to include the bribes he pays on his expense report. D) So that Leonard's company can remain competitive globally, Leonard should pay any bribe requested.
A group of states that have reduced or eliminated trade barriers among themselves and have established a common external tariff is called ________
A. the United Nations System B. a free trade area C. an economic consultative association D. a customs union