According to the Mail Order Merchandise Rule the sender

A)

may extend shipment beyond 30 days as long as you are notified.
B)

may substitute similar or more expensive goods in place of the goods you have ordered.
C)

may not extend shipment beyond 30 days, unless your consent is obtained.
D)

must reduce the price of goods ordered by 10% if the shipment is extended beyond 30 days.


C

Business

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Which of the following is true regarding Statement of Financial Accounting Standards No. 144, "Accounting for the Impairment or Disposal of Long-Lived Assets," accounting and reporting standards for discontinued operations?

a. A component of a business always represents the same concept as a segment of a business used in reporting disaggregate information. b. A test for, and recognition of, an impairment loss would be necessary for a component that had not been sold by year-end if the fair value of the component was determined to be less than the book value. c. Discontinued operations should follow extraordinary items on the face of the income statement. d. The gain or loss recognized for reported in the discontinued operation section of the income statement includes only the gain or loss on disposal of the component and not the income or loss from operating the discontinued operation.

Business

Which of the following right does a shareholder in a corporation possess?

A) The automatic right to a dividend if the corporation makes a profit that year. B) The right to a dividend only if the board of directors declare a dividend C) The right to attend the corporation's annual general meeting D) Both B and C E) Both A and C

Business

A case is remanded when it is sent back for further proceedings to the court that originally heard the case.

Answer the following statement true (T) or false (F)

Business

OSHA prioritizes inspections, recognizing that this situation is most urgent:

a. the aftermath of serious accidents b. situations where there is imminent risk of serious harm or death c. responses to employee complaints d. all of these

Business