Public figures:
A) can never have an action in defamation
B) lose their defamation action rights if the remark or information is part of a true story.
C) can seek a retraction, but can never recover damages for defamation.
D) must establish malice in order to recover damages for defamation.
D
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Which of the following issues is least important in using co-branding effectively?
A. The brands involved should represent a complementary fit in a customer's mind. B. The brands that are teamed together should not lose their individual identities. C. The brands involved should be owned by different companies. D. Co-branding should be done in a way so that it is obvious which brand is the main brand or key brand. E. Co-branding should take advantage of the distribution capabilities of the brands involved.
Which of the following is not a tax credit mentioned in the chapter?
A) Child tax credit B) Second income credit C) College expense credit D) Earned income credit
Answer the following statements true (T) or false (F)
1) The impact of sourcing materials or services with improved quality is usually reduced profitability for the firm. 2) Only 25 percent of an item or service's cost is determined in the design stage. 3) The main objective of the portfolio model is to determine cost discount targets for different suppliers. 4) In the strategic sourcing framework, the margin on a particular item for a supplier is known as the profit impact. 5) In the portfolio model, depending on the sourcing strategy, an item is assigned to a particular quadrant.
Prescott Corp. owned 90% of Bell Inc., while Bell owned 10% of the outstanding common shares of Prescott. No goodwill or other allocations were recognized in connection with either of these acquisitions. Prescott reported net income of $266,000 for 2018 whereas Bell recognized $98,000 during the same period. No investment income was included within either of these income totals.How would the 10% investment in Prescott owned by Bell be presented in the consolidated balance sheet?
A. The 10% investment would be eliminated and no amount would be shown in the consolidated balance sheet. B. The 10% investment would be eliminated and the same dollar amount would appear as treasury stock in the consolidated balance sheet. C. Prescott would treat the shares owned by Bell as if they had been repurchased on the open market, and a treasury stock account would be set up on Prescott's books recording the shares at their market value on the date of combination. D. The 10% investment would be reclassified in Bell's balance sheet as Treasury Stock before the consolidation process begins. E. The 10% investment would be included as part of Additional Paid-In Capital because it is less than 20% and therefore indicates no significant influence is present.