Termination-at-will clauses in franchise agreements are generally held to be void
Indicate whether the statement is true or false
TRUE
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Retained earnings are:
a. a reduction in arriving at net income. b. an addition to other income on the income statement. c. accumulated undistributed earnings of the corporation reported on the balance sheet. d. shown after discontinued operations on the income statement.
In 1970, the typical U.S. household earned about $8,700. In 2012, the typical U.S. household earned about $51,017. If adjusted for inflation, the gross income of the typical U.S. household in 2011 relative to 1970 has ________.
A. decreased dramatically B. increased dramatically C. remained relatively stable D. increased somewhat E. decreased somewhat
Potential conflicts of interest are likely to become unethical if the employee __________.
A. has his or her judgment impaired by the conflict B. discloses the conflict to his or her employer C. resigns before damage is done D. all of the above
Compare and contrast horizontal and vertical channel integration.
What will be an ideal response?