In vertical integration, control is expanded to two or more successive links of production or distribution.
Answer the following statement true (T) or false (F)
True
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If a 10% stock dividend is declared, an amount equal to the par value of the shares to be distributed should be charged to the retained earnings account
a. True b. False Indicate whether the statement is true or false
Two different costs incurred by Ruiz Company exhibit the following behavior pattern per unit: Units Sold 50 100 150 200 Cost #1$300per unit$150per unit$100per unit$75per unitCost #2$2per unit$2per unit$2per unit$2per unitCost #1 and Cost #2 exhibit which of the following cost behavior patterns, respectively?
A. Variable and fixed B. Variable and variable C. Fixed and variable D. Fixed and fixed
When Disney relied on licensing agreements with the Oriental Land Company to open its first foreign theme park, Tokyo Disneyland,
A. Its licensing partner, the Oriental Land Company reaped the windfall, because the partner who bore the risk was also likely to be the biggest beneficiary from any upside gain. B. Japanese consumer buying habits and demographics no longer posed a challenge for Disney. C. It was Disney, not the Oriental Land Company, that reaped the windfall because of learning curve effects. D. Disney no longer needed to contend with fluctuating exchange rates and country-to-country variations in host government restrictions and requirements. E. Disney was able to meet the challenge of localizing its product offerings in Japan, leading to a low-cost advantage.
Under what conditions can a lawyer accept a gift from a client?
What will be an ideal response?