Internet marketing practices have raised a number of ethical and legal questions. Why is invasion of privacy perhaps the number-one online marketing concern?

What will be an ideal response?


Invasion of privacy is perhaps the toughest public policy issue now confronting the direct marketing industry. Consumers often benefit from database marketing; they receive more offers that are closely matched to their interests. However, many critics worry that marketers may know too much about consumers' lives and that they may use this knowledge to take unfair advantage of consumers. At some point, they claim, the extensive use of databases intrudes on consumer privacy. Consumers, too, worry about their privacy. Although they are now much more willing to share personal information and preferences with marketers via digital and social media, they are still nervous about it. In these days of "big data," it seems that almost every time consumers post something on social media or send a tweet, visit a Web site, enter a sweepstakes, apply for a credit card, or order products by phone or online, their names are entered into some company's already bulging database. Using sophisticated big data analytics, direct marketers can mine these databases to "microtarget" their selling efforts. Most marketers have become highly skilled at collecting and analyzing detailed consumer information both online and offline. Even the experts are sometimes surprised by how much marketers can learn.

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Mr. Stern, a cash basis taxpayer, was notified by his bank that he earned $1,193 of interest on his savings account in 2019. Mr. Stern has not withdrawn any funds from this account for eight years and did not receive the notification until January 26, 2020. Mr. Stern does not recognize the interest as income in 2019. 

Answer the following statement true (T) or false (F)

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Tongass had pretax accounting income of $1,400 during 2014 . Tongass used accelerated depreciation for tax purposes ($1,000) and straight-line depreciation for financial reporting purposes ($200). During 2014, Tongass accrued warranty expenses of $900 and paid cash to honor warranties of $500 . Tongass's taxable income for 2014 would be

a. $200. b. $1,000. c. $1,800. d. $2,600.

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Last year Sheeder Company's cash account decreased by $10,000. Net cash flows from investing activities was $19,000. Net cash flows from financing activities was $(17,000). On the statement of cash flows, the net cash flows from operating activities was:

A) $(12,000). B) $(3,000). C) $(10,000). D) $7,000.

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Millet Grains Cooperative and Corn Cereals, Inc, discuss the terms of a contract for periodic deliveries of corn. Millet Grains then faxes Corn Cereals a memo on Millet Grains's letterhead that summarizes the points on which they agreed, including a two-year term. Millet Grains begins to perform, and Corn Cereals accepts the deliveries but refuses to pay. ?Refer to Fact Pattern 15-1.The

transaction between Millet Grains and Corn Cereals falls within the provision of the Statute of Frauds involving A) collateral promises. B) the one-year rule. C) parol evidence. D) integrated contracts.

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