The Federal Trade Commission takes the position that it is an unfair or deceptive trade practice under the Federal Trade Commission Act for firms to fail to honor their own privacy policies
a. True
b. False
Indicate whether the statement is true or false
True
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________ is (are) a type of secondary data in which the data collected and/or the process of collecting the data are standardized for all users
A) Basic data B) Complex data C) Written data D) Standardized information E) Syndicated data
On June 1, 20x5, Jomax Corporation had 60,000 shares of $10 par value common stock outstanding. On June 2, 20x5, Jomax declared a 40 percent stock dividend to be distributed on July 5, 20x5, to shareholders of record on June 15, 20x5. What amount of retained earnings should be transferred to contributed capital because of this dividend?
A) None B) Par value per share multiplied by the number of dividend shares C) Market value of the stock at the date of distribution multiplied by the number of dividend shares D) Market value of the stock at the date of declaration multiplied by the number of dividend shares
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Which of the following statements is not true of condominium housing?
A) The condominium association holds the mortgages on the individual condominium units. B) The individual owners have a shared interest in the common areas. C) The owners are able to vote for the directors of the condominium association. D) The owners of individual units are assessed charges for the maintenance and upkeep of the common areas.