In order to determine if the case she was hearing broke the law, Judge Jane referred to prior rulings on the same subject. In other words, the judge is relying on precedent to make her decision
Indicate whether the statement is true or false
True
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Which of the following statements is true about customer promotion?
A) It comes directly to the customer from the manufacturer. B) It is directed at intermediate channels of distribution. C) It is an attempt to get the channels of distribution to stock more of a product. D) It is run by the channel, either to the next channel in the distribution chain or to final customers.
Which of the following categories of investments are debt, but not equity, securities?
a. Trading securities b. Held-to-maturity securities c. Available-for-sale securities d. Both trading and available-for-sale securities
The depreciable value of an asset, under MACRS, is the ________
A) current cost B) current cost minus salvage value C) the original cost plus installation D) the original cost plus installation costs, minus salvage value
The average cost of capital is the appropriate rate to use when evaluating new investments, even though the new investments might be in a higher risk class
Indicate whether this statement is true or false.