In England, lawyers are divided into two groups, solicitors, who represent and advise clients, and barristers, who are selected by solicitors to present a client's case in adversary proceedings, whereas in the United States lawyers are licensed to perform both functions

Indicate whether the statement is true or false


T

Business

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It is legal for a company employee to make a profit by personally purchasing shares of the corporation prior to public release of favorable information

Indicate whether the statement is true or false

Business

[The following information applies to the questions displayed below.]On January 1, Year 1, Jones Company issued bonds with a $200,000 face value, a stated rate of interest of 7.5%, and a 5-year term to maturity. The bonds were issued at 97. Interest is payable in cash on December 31st of each year. The company amortizes bond discounts and premiums using the straight-line method.What is the amount of interest expense shown on Jones' income statement for the year ending December 31, Year 1?

A. $15,000 B. $16,200 C. $21,000 D. $13,800

Business

Reyna is a runner for a large law firm. Her duties include purchasing supplies for the copy room. Reyna was given permission by the office manager to sign credit-card receipts when making purchases. Reyna has been given ____ to use the firm's credit card.

A. responsibility B. obligation C. authority D. staff centrality E. accountability

Business

Companies can employ four general branding strategies, which include: (1) ________; (2) multibranding; (3) private branding; or (4) and mixed branding.

A. brand licensing B. retailer branding C. intermediary branding D. multiproduct branding E. co-branding

Business