Which of the following best describes direct effect?
A. It is the making of a decision by general agreement and in the absence of any voiced objection.
B. It is the relinquishment of an obligation owed by another.
C. It is a principle whereby a treaty may be invoked by a private person to challenge the actions of a state that is a party to the treaty.
D. It is a principle that governments must make their rules, regulations, and practices open and accessible to the public and other governments.
C
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The petty cash fund at Brookshire Company has a designated balance of $250. The fund currently holds $125 in cash and $127 in petty cash tickets. Based on this information, which of the following statements is correct?
A) The total of the cash on hand plus petty cash tickets equals the designated fund balance. B) A shortage of $2 exists. C) To replenish the petty cash fund, the company must write a check, payable to Petty Cash, for $127. D) The petty cash fund custodian must locate the $2 discrepancy.
Which of the following is not a distinguishing characteristic of a derivative instrument?
a. Derivative instruments have terms that require or permit net settlement. b. Derivative instruments have a low initial net investment. c. Derivative instruments are highly effective throughout their term. d. Derivative instruments have one or more underlyings and notional amounts.
Prexa was offended by the brand name of a new product for women. She believed the name of the product was demeaning and that it reflected a negative attitude of the manufacturer towards women in general. Although this may simply be the result of ________, if other women interpreted the name choice the same way, it is likely this product would fail.
A. selective retention B. stimulus discrimination C. selective comprehension D. selective analysis E. selective exposure
A plant asset's useful life is the length of time it is productively used in a company's operations.
Answer the following statement true (T) or false (F)