A judge is immune from liability, even if acting with malice, so long as the function
performed is judicial.
a. True
b. False
a
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Bypassing regular wholesale/retail channels in favor of direct sales and Internet retailing can have appeal if it
A. combines the best of all sales channels and provides financial support to distribution allies. B. creates a channel conflict, thereby providing competitive improvisation. C. can establish a retail frontal attack while efficiently managing its backward (defensive) sales orientation. D. can result in better coordination of the firm's direct sales activity to wholesalers and distributors. E. reinforces the brand, enhances consumer satisfaction, and results in lower prices to end users.
The revenue recognition principle requires that revenue be recognized when goods or services are provided to customers, and at the amount expected to be received from the customer.
Answer the following statement true (T) or false (F)
Which of the following statements about simple organizational structures is false?
A. There is little specialization of tasks. B. Creativity and individualism are rare. C. Small firms with a narrow product-market scope will adopt such a structure. D. Decision-making authority is highly centralized.
Grid Tools & Hardware Company is subject to a decision by the Consumer Product Safety Commission. Opposed to the decision, Grid Tools wants a court to review it. First, however, the firm must? A) refuse to comply with the agency decision
B) petition other interested parties to oppose the decision. C) exhaust all possible administrative remedies. D) publish its opposition in the Federal Register.