In advertising, ________ is a legal tactic, while ________ is not legal
A) puffery; an exaggerated claim
B) an exaggerated claim; puffery
C) bait-and-switch; puffery
D) an exaggerated claim; bait-and-switch
E) corporate social responsibility; social marketing
A
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Thomas Martin receives an hourly wage rate of $40, with time and a half for all hours worked in excess of 40hours during a week. Payroll data for the current week are as follows: hours worked, 48; federal income taxwithheld, $350; social security tax rate, 6.0%; and Medicare tax rate, 1.5%. What is the gross pay for Martin?
a. $449 b. $1,730 c. $2,080 d. $1,581
[The following information applies to the questions displayed below.]The bank statement for Tetra Company contained the following items: a bank service charge of $10; a credit memo for interest earned, $15; and a $50 NSF check from a customer. The company had outstanding checks of $100 and a deposit in transit of $300.Assuming that the unadjusted bank balance was $500, what is the unadjusted book balance?
A. $800 B. $455 C. $745 D. $700
A company paid $600,000 for 10% bonds with a par value of $600,000 on September 1. The bonds pay 5% interest semiannually on September 1 and March 1. The company intends to hold the bonds until they mature. Prepare the journal entries for the following dates and transactions related to this bond acquisition.(1) Bonds purchased on September 1.(2) Year-end adjusting entry, December 31.(3) Receipt of semiannual interest March 1.(4) Redemption of the bonds at maturity on August 31.
What will be an ideal response?
Only one party can have an interest in particular goods at a particular time.
Answer the following statement true (T) or false (F)