A "trade regulation rule" issued by the FTC that applies to a specific business practice sets a standard:
a. that everyone in the industry must follow or be subject to criminal conviction
b. for certain practices that are thought to be especially susceptible to deceptive acts c. after a violation is proven the FTC can close down the violator's business
d. is voluntary but provides quality guidance for the industry
e. must be agreed upon by a majority of the members of the industry to become law
b
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According to Walumbwa and associates, which is not one of the four components of authentic leadership?
A. self-awareness B. internalized moral perspective C. ethical reasoning D. relational transparency
The ________ requires all contracts for the sale of goods costing $500 or more and lease contracts involving payments of $1,000 or more to be in writing
A) parol evidence rule B) Lord Tenterden's Act C) firm offer rule D) Statute of Frauds
If an anticipatory repudiation substantially impairs the value of the contract, the aggrieved party may:
a. await performance for a commercially reasonable time. b. resort to any appropriate remedy for breach. c. Both are correct. d. None of these.
Vertical analysis involves comparing each figure in the financial statements with a corresponding figure of the previous year
Indicate whether the statement is true or false