Broadband Inc., an Internet service provider, supplies information to the Federal Trade Commission concerning possible unfair or deceptive ads originating in a foreign jurisdiction. Under federal law, Broadband is
A. immune from liability.
B. subject to liability if the information is false.
C. subject to liability if the ads were sent through Broadband’s service.
D. subject to liability in the foreign jurisdiction, but not in the United States.
Answer: A
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Which of the following is linked to what people think about at work that satisfies them (e.g., advancement, recognition, and achievement)?
A. need for power B. physiological C. hygienes D. motivators
The key assumption underlying the marketing concept is that ________.
A. consumers are most interested in obtaining generic products at low prices B. if manufacturers make a product, consumers will buy it C. consumers are unlikely to buy a product unless they are aggressively persuaded to do so D. a company must determine the needs and wants of specific target markets and satisfy consumers' needs better than the competition E. the primary focus of a business should be producing as much as it can, in the cheapest way possible
When using the allowance method, the receipt of a payment on receivables that have been written-off requires an entry to reverse the write-off to the Allowance for Bad Debts account and an entry to record the receipt of cash
Indicate whether the statement is true or false
A post-closing trial balance is a list of permanent accounts and their balances from the ledger after all closing entries are journalized and posted.
Answer the following statement true (T) or false (F)