Formal rulemaking is required only when a statute clearly commands that a rule be

made on the record after an opportunity for an agency hearing.

a. True
b. False


a

Business

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A real estate investment trust (REIT) is a type of closed-end investment company

Indicate whether the statement is true or false

Business

The markup on a home spa should be 20% based on selling price. If the seller paid $5,900 for one, then how much should it be sold for to achieve the desired markup?

A) $7,375.00 B) $6,333.33 C) $6,170.00 D) $8,330.34

Business

The costs incurred when ethical wrongdoing is done fall into three specific categories and include all except ________.

A. intangible costs such as legal and investigative costs incurred by the company. B. internal administrative costs associated with ensuring future compliance. C. intangible costs such as customer defections. D. less visible costs such as costs of complying with often harsher government regulation. E. visible costs to shareholders such as lower stock price.

Business

A sample of 1000 households was selected in Los Angeles to determine information concerning consumer behavior. Among the questions asked was “Do you enjoy shopping for clothing?” Overall, 720 answered yes.  480 males were interviewed, and 272 males answered yes. What is the probability that a respondent chosen at random is a male and does not enjoy shopping for clothing?

What will be an ideal response?

Business