Penny Stock Company faxes ads to Quality Personnel Corporation and other businesses without the recipients' permission. This is
A. illegal.
B. legal and smart because such ads are generally cheap.
C. legal but not smart because such ads are generally ineffective.
D. legal but only potentially smart, depending on the response rate.
Answer: A
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Which of the following is required of an auditor who is testing the fair value of options in share-based compensation?
A. Using the work of the internal audit function. B. Testing the inputs used in the valuation model. C. Becoming an expert in option-pricing. D. Using a specialist.
Smith reported the following for 2012. Beginning market price $20.00 Average market price 24.00 Ending market price 26.00 Earnings per share: Basic 1.80 Diluted 1.60 Cash dividends per share 1.00 The price earnings ratio and dividend payout were:
a. 16.25 and 62.50%. b. 16.25 and 65.00%. c. 17.00 and 62.50%. d. 15.00 and 62.50%. e. 15.00 and 60.00%.
Which one of the following is NOT a layout tactic in a JIT environment?
A) work cells for families of products B) fixed equipment C) minimizing distance D) little space for inventory E) poka-yoke devices
List five of the characteristics of learning organizations.
What will be an ideal response?