State courts are independent of federal courts.
Answer the following statement true (T) or false (F)
True
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Viral marketing is a form of direct marketing where a company advertises its products through multiple channels simultaneously to spread the word as fast as possible to the maximum number of people
Indicate whether the statement is true or false
Which of the following items should not be used to measure the performance of a manager whose division "sells" to other divisions of the company exclusively?
a. Negotiated profit margin within the transfer prices b. Labor efficiency rates c. Corporate overhead allocations d. Variable costs of production
U.S. GAAP and IFRS provide criteria for distinguishing operating leases from capital leases. Which of the following is not true?
a. The criteria attempt to identify the entity, whether lessor or lessee, that enjoys the benefits and incurs the risk of the leased asset. b. When the lessor enjoys the benefits and bears the risk, the lease is an operating lease. c. When the lessee enjoys the benefits and bears the risk, the lease is an operating lease. d. IFRS provides more general criteria for identifying the entity enjoying the rewards and incurring the risk. e. Firms cannot currently apply the fair value option to capital leases
Raul is chairman of the board of Swif-Vac Corporation. Pinky, a consumer, is injured while using a Swif-Vac product. Pinky sues Swif-Vac, and Raul individually. Swif-Vac may pay Raul's legal fees under
A. the director's right to certification. B. the director's right to compensation. C. the director's right to indemnification. D. no circumstances.