Discriminating in price between different purchasers of the same goods, when the effect is to injure competition, was made:
a. an illegal resale of services by the Supreme Court in Texaco v. Hasbrouck
b. illegal by the Supreme Court in the Brooke Group case c. legal by the FTC Act
d. legal by the Supreme Court in the Brooke Group case e. none of the other choices
e
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Which of the following relatively small misstatements most likely would have a material effect on an entity's financial statements?
A. A piece of obsolete office equipment that was not retired. B. A petty cash fund disbursement that was not properly authorized. C. An uncollectible account receivable that was not written off. D. An illegal payment to a foreign official that was not recorded.
Junk bonds are high-risk, high-yield debt instruments. They are often used to finance leveraged buyouts and mergers, and to provide financing to companies of questionable financial strength.
Answer the following statement true (T) or false (F)
Which of the following advantages does broadcast television provide to its advertisers?
A. lack of clutter B. low airtime costs C. the potential for zipping and zapping D. mass coverage E. low production costs
For each of the following definitions, indicate the key term from the list that best matches by placing the appropriate terms.A. Nonexchange transactionsB. Net assets with donor restrictionsC. CollectionsD. Variance powerE. Exchange transactionsF. Board-designated net assetsG. EndowmentH. Promise to give________ 1. Unrestricted net assets that the governing body decides to set aside for specific purposes________ 2. The unilateral power of an organization to redirect donated assets to a different beneficiary than initially indicated by the donor________ 3. Net assets for which the donor has indicated use in a future period or for a particular purpose________ 4. Transactions in which the donor derives no direct tangible benefits________ 5. Works or art, historical treasures, or similar
assets held and protected for public exhibition, and, if sold, proceeds would be used to acquire similar assets What will be an ideal response?