When a judge refers to the doctrine of precedent, he is referring to:

a. the fact that much of our law is inherited from English law.

b. the televising of court cases

c. the idea that principles and rules of law come from many different sources.

d. the principle that decisions in current cases should be based on previous rulings.


d

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Regulatory policies and norms within which organizations must operate, refer to the ________ factor of the environmental context of the problem

A) legal environment B) economic environment C) objectives D) buyer behavior

Business

Which of the following is true of a stock dividend?

A. Does not affect total equity, but transfer amounts between the components of equity. B. Transfers a portion of equity from retained earnings to a cash reserve account. C. The decision to declare a stock dividend resides with the shareholders. D. Reduces a corporation's assets and stockholders' equity. E. It is a liability on the balance sheet.

Business

A vertical fashion trend assumes that _____

a. a fashion is passed from the upscale customers to the mass market b. New York is the fashion capital of the world c. innovative customers may come from any social class d. merchandise must be sold across the social class spectrum

Business

The Securities and Exchange Commission is required to verify that:

A. the coupon rate of debt is more than the market interest rate. B. all previous indenture provisions have been met before allowing a company to sell new securities to the public. C. the market price of debt is more than the principal value of debt. D. the face value of debt is more than the maturity value of debt. E. the new securities to be sold to the public have a higher coupon rate than all previous security issues.

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