To help stimulate jobs in its wine industry, New York does not tax New York wines but taxes other wines $1 per bottle. This tax is:

a. a constitutional control on intrastate business
b. constitutional, so long as it is not shown to impede foreign trade
c. constitutional because New York state interests outweigh other states' interests d. unconstitutional because it violates the Necessary and Proper Clause
e. unconstitutional because it violates the Commerce Clause


e

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In a rising stock market, the result of any subsequent sale of a firm's previously issued common shares from one investor to another (such as occurs on public stock exchanges):

a. the total paid-in capital amount reported on a balance sheet will usually be less than the current market value of the common shares. b. the total paid-in capital amount reported on a balance sheet will usually be greater than the current market value of the common shares. c. the total paid-in capital amount reported on a balance sheet will usually be equal to the current market value of the common shares. d. the total paid-in capital amount reported on a balance sheet will be eliminated. e. None of these answer choices is correct.

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The primary institutional feature of Japanese labor relations is _______________________________ unionism in which a union represents all workers at a single employer.

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

Business

Which of the following statements about conventional marketing is not true?

a. In conventional marketing, marketing is seen as an objective, dispassionate science. b. In terms of risk perspective, conventional marketers seek risk minimization. c. In conventional marketing, customers are viewed as sources of intelligence and feedback. d. In conventional marketing, the role of a marketer is that of internal and external change agent.

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________ of procurement officers use auctions to purchase goods

A) 80% B) Less than a quarter C) Over one third D) 25%

Business