If the roof of your condominium building needs expensive repairs, then the condominium board will pay for repairs at no expense to you

Indicate whether this statement is true or false.


Answer: FALSE

Business

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The government publishes duties and taxes it imposes on imported products in the Federal Register for importers to check to see the relevant tariff

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

Business

When the FTC tried to sue a company for scams advertised on the Internet:

a. it was treated the same as other deceptive sales; fines were paid b. the appeals court held that there could be no suit because of First Amendment rights c. the appeals court held that there could be no suit because jurisdiction over the Internet belongs to the FederalCommunications Commission, not the FTC d. the appeals court held that there could be no suit because this exceeded the powers of the agency; Congress would have to amend the FTC Act e. none of the other choices

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Dowlen, Inc., is considering the purchase of a machine that would cost $150,000 and would last for 6 years. At the end of 6 years, the machine would have a salvage value of $23,000. The machine would reduce labor and other costs by $36,000 per year. Additional working capital of $6,000 would be needed immediately. All of this working capital would be recovered at the end of the life of the machine. The company requires a minimum pretax return of 12% on all investment projects. The net present value of the proposed project is closest to (Ignore income taxes.):Refer to Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided.

A. $(2,004) B. $6,699 C. $13,223 D. $9,657

Business

In which stage of organizational decline might the company's leaders not pay attention to negative data and overemphasize positive data?

A) denial of risk and peril B) capitulation to irrelevance or death C) hubris born of success D) undisciplined pursuit of more E) grasping for salvation

Business