Husbands and wives should integrate their life insurance plans and combine their life insurance needs in one policy on the life of the husband.
Answer the following statement(s) true (T) or false (F)
Ans: False
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In terms of a judgment by the Federal Trade Commission against a company for false or misleading advertising, which of the following would come first?
A) administrative complaint B) cease and desist order C) consent order D) court-ordered reparations
Ample opportunities for educational development are provided in capitalist economic systems because education is free for students.
Answer the following statement true (T) or false (F)
Tiffany, the engineering manager at Cardinal Tech, takes an eight-week unpaid leave to go on a tour to promote a book she wrote. She does so in accordance with Cardinal Tech's policy for leaves without pay. In what sense could this unpaid leave be an employee benefit for Tiffany?
A. She uses her paid time off for the leave. B. She retains her seniority and benefits during the leave. C. The Family and Medical Leave Act requires the employer to grant unpaid time off. D. Her leave is based on length of service, so it accumulates over time. E. Her time off is an example of personal days.
Chase Co owned 30,000 common shares of Sanborn Corporation purchased in 2008 for $540,000 . On September 20, 2014, Chase declared a property dividend of 1 share of Sanborn for every 5 shares of Chase stock held by a stockholder. On that date, there were 50,000 common shares of Chase outstanding, and the market value of Sanborn shares was $30 per share. The entry to record the declaration of the
property dividend would include a debit to Retained Earnings of a. $0. b. $300,000. c. $360,000. d. $540,000.