All horizontal mergers are illegal because there is a presumption that such mergers significantly increase market concentration

Indicate whether the statement is true or false


False

Business

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Beer marketers know that high-school educated, working-class males from the ages of 25 to 40 make an attractive market for their products. This is a ________ segment of the beer market.

A. geographic B. behavioral C. psychographic D. demographic E. benefits

Business

On June 3, Lakeland Company sold merchandise worth $1,600 on credit, terms 2/10, n/30. The merchandise sold had cost $1,100. The customer paid the amount on June 10. What is the required journal entry to record the payment received under the periodic inventory system?

A) Accounts Receivable 1,568 Sales Discounts 32Cash 1,600 B) Accounts Receivable 1,600 Sales Discounts 32Cash 1,568 C) Cash 1,568 Sales Discounts 32Accounts Receivable 1,600 D) Cash 1,600 Sales Discounts 32Accounts Receivable 1,632

Business

Historically, internal service desks have been _______ centers, in which budget items required to run the service desk are considered an expense to the company.

Fill in the blank(s) with the appropriate word(s).

Business

Frank asked his company's employee benefits director if his group health coverage could be converted to individual coverage. The benefits director said, "Yes, you can convert to an individual policy, and the coverage is identical to your group coverage." Frank quit his job and converted to an individual policy. Six months later he filed a claim. He was dismayed to learn the conversion policy was more limited compared to the group coverage, and his claim was denied. What legal doctrine will allow Frank to bring a successful legal action against his former employer because he was financially harmed due to his reasonable reliance upon a representation of fact?

A) adhesion B) waiver C) estoppel D) subrogation

Business