Advertising is considered a form of free speech
Indicate whether the statement is true or false
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Which statement is true about the gross profit method?
a. It may not be used to estimate inventories for annual statements. b. It may not be used to estimate inventories for interim statements. c. It may not be used by insurers of inventory. d. It may not be used for internal estimates of inventory.
Which of the following is true of freight in?
A) It is an administrative expense. B) It is a selling expense. C) It is the transportation cost on purchases. D) It is the transportation cost on sales.
Mouth & Gums, Inc (CSI), engages in de¬ceptive advertising when it markets its product Oral Rinse as able to kill germs over long periods of time. In an action against Mouth & Gums, the firm is ordered to stop its false advertis¬ing of Oral Rinse and other products. This is
a. a counteradvertising order. b. a multiple product order. c. a "cooling-off" law. d. a validation notice.
An assumed agent who purported to act as an agent without actual or apparent authority can never bind the supposed principal.?
Indicate whether the statement is true or false