Ralph Watkins is the president of Animal Crackers, Inc Animal Crackers operates childrens' clothing stores. Ralph has just received notice of charges by the Federal Trade Commission (FTC) against Animal Crackers for deceptive advertising. Watkins wishes to know the company's rights. Which of the following statements is true?
A) Animal Crackers is entitled to a jury trial
B) Animal Crackers could dispose of the matter through a consent decree.
C) Animal Crackers is facing criminal charges.
D) Animal Crackers will have a 30-day comment period.
B
You might also like to view...
Which of the following statements included in management's assessment of the effectiveness of internal control over financial reporting would not cause the auditor to disclaim an opinion?
A. The entity plans to implement new controls. B. Management believes the cost of correcting a material weakness would exceed the benefits derived from implementing the new controls. C. Disclosure of material weaknesses corrected during the period. D. Management includes disclosures about corrective actions taken by the entity after the date of management's assessment.
How does gender have an influence on a person's buying decisions? Give an example
What will be an ideal response?
The failure of a manufacturer of a product to warn users of the dangerous propensities of a
product can constitute negligence. Indicate whether the statement is true or false
If the expectations theory of the term structure of interest rates is correct, and if the other term structure theories are invalid, and we observe a downward sloping yield curve, which of the following is a true statement??
A. ?Investors expect interest rates to be constant over time. B. ?Investors expect interest rates to increase in the future. C. ?Investors expect interest rates to decrease in the future. D. ?Investors require a positive maturity risk premium. E. ?The maturity risk premium must be positive.