Purchase economies and transportation economies are not complementary

Indicate whether the statement is true or false


False

Business

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The No Electronic Theft Act (NET) of 1997 permitted distribution of copyrighted material for the purposes of education and research

Indicate whether the statement is true or false

Business

Grosvenor Corporation's most recent income statement appears below: Sales (all on account)$807,000 Cost of goods sold 446,000 Gross margin 361,000 Selling and administrative expense 186,000 Net operating income 175,000 Interest expense 39,000 Net income before taxes 136,000 Income taxes 40,000 Net income$  96,000 The gross margin percentage is closest to:

A. 44.7% B. 376.0% C. 26.6% D. 80.9%

Business

Financial support given by backers without any expectation of a direct return for their donations is characteristic of the _____________ of crowdfunding.?

a. patronage model b. lending model c. reward model d. investor model

Business

A director or officer is not liable to the corporation for a bad business decision.

Answer the following statement true (T) or false (F)

Business