Five individuals get food poisoning after consuming aerated drinks of a well-known company. Following this incident, the public demands an inquiry into the company's manufacturing processes. This demand by the public represents _____.
A. consumerism
B. protectionism
C. commercialism
D. integralism
Answer: A
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A total asset turnover ratio of 3.5 indicates that:
A. For every $1 in assets, the firm paid $3.50 in expenses during the period. B. For every $1 in assets, the firm earned gross profit of $3.50 during the period. C. For every $1 in sales, the firm acquired $3.50 in assets during the period. D. For every $1 in assets, the firm produced $3.50 in net sales during the period. E. For every $1 in assets, the firm earned $3.50 in net income.
Which of the following statements applies to a voluntary termination?
a. The sponsor has a legal liability under ERISA for all accrued benefits. b. The sponsor has a legal liability under ERISA for all vested benefits but not for unvested benefits. c. The sponsor has a legal liability under ERISA only for PBGC-guaranteed benefits. d. None of the above statements apply to a voluntary termination.
Two cities that have equal populations are 40 miles apart. Based upon Reilly's law, the point of indifference _____
a. is midway between each city b. is 10 miles from the first city c. is 15 miles from the first city d. cannot be determined from the information provided
The issuance of favorably priced shares to management while excluding other shareholders normally will constitute a violation of the fiduciary duty
a. True b. False Indicate whether the statement is true or false