Direct mail is a primary tool for promoting Internet websites and online sales
Indicate whether the statement is true or false
TRUE
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In order to prevent a licensor-competitor from gaining unilateral benefit, licensing agreements should provide for:
A) contract manufacturing. B) franchising. C) cross licensing. D) strategic decision making. E) adaptation for local tastes.
The relevance of audit evidence depends on the audit assertion being tested
a. True b. False Indicate whether the statement is true or false
ISO certification ______.
A. takes time but not much effort B. takes a lot of effort but not much time C. takes both time and effort D. takes neither time nor effort
How does a limited liability company (LLC) differ from a Subchapter S corporation?
A) An LLC is taxed at a higher rate than a Subchapter S corporation. B) There is no limit on the number of members in an LLC, whereas a Subchapter S corporation limits the number of members. C) An LLC is taxed as a corporation, whereas a Subchapter S corporation is taxed as a partnership. D) The liability limit for members of an LLC is higher than that for a Subchapter S corporation.