If Congress imposes a regulation on business that is constitutional:
a. "local" businesses will be exempt
b. the part of the business in intrastate commerce is exempt
c. states may not enact similar laws that burden interstate commerce
d. states may enact similar laws even if they burden interstate commerce e. none of the other choices are correct
c
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________ is a social network that concentrates majorly on music and entertainment
A) LinkedIn B) Twitter C) MySpace D) Orkut E) Facebook
Unlike with cases heard in a federal courtroom, the administrative law judge presiding over a hearing at an administrative agency:
a. is an independent judge b. is not an independent judge c. is impartial d. is hired by the business e. has not been to law school
An engineer for an electric fencing company is interested in the mean length of wires being cut automatically by machine. The desired length of the wires is 12 feet. It is known that the standard deviation in the cutting length is 0.15 feet. Suppose the engineer decided to estimate the mean length to within 0.025 with 99% confidence. What sample size would be needed?
The revenue agent who audited the Form 1120 filed by LCW Inc. recharacterized $125,000 of the salary paid to Ms. Lewis (LCW's president and controlling shareholder) as a constructive dividend. LCW's marginal tax rate is 21%, and Ms. Lewis' marginal tax rate is 32%. Which of the following is not a consequence of the recharacterization?
A. LCW's taxable income will increase. B. Ms. Lewis' income tax liability will decrease. C. Ms. Lewis' payroll tax liability will decrease. D. Ms. Lewis' taxable income will increase.