Gary, Louise, and Brian, who own competing gas stations in town, happen to see each other at a restaurant one morning and have breakfast together. While talking, they decide to set their gas prices at the same amount. They have committed an illegal act only if the agreed price is unfair to consumers.
Answer the following statement true (T) or false (F)
False
You might also like to view...
Prior to commencing the compilation of financial statements of a nonpublic entity, the accountant should:
A. acquire a knowledge of any specialized accounting principles and practices used in the entity's industry. B. complete the preliminary phase of the study and evaluation of the entity's internal control. C. verify that the financial information supplied by the entity agrees with the books of original entry and supporting documentation. D. perform analytical procedures sufficient to determine whether fluctuations among account balances appear reasonable.
When it comes to ethics, what is a problem with many organizational reward systems?
A. they are too complicated B. they reward the wrong (unethical behaviors) C. they are too expensive D. they focus too much on processes and not enough on results
Punctuation in e-mail should normally exclude:
a. exclamation points b. question marks c. dashes d. none of the above
Which of the following alternate dispute resolution methods empowers the neutral party to enter a legally binding judgment?
A) private trial B) summary jury trial C) negotiation and settlement D) early neutral case evaluation