Unreasonable application of a termination for cause provision is not sufficient to support a
wrongful termination claim.
Indicate whether the statement is true or false
FALSE
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If a company is considering the purchase of a parcel of land that was acquired by the seller for $85,000, is offered for sale at $150,000, is assessed for tax purposes at $95,000, is considered by the purchaser as easily being worth $140,000, and is purchased for $137,000, the land should be recorded in the purchaser's books at:
A. $138,500. B. $137,000. C. $150,000. D. $95,000. E. $140,000.
Which of the following is a possible reason why security prices were found to respond to changes from pooling to purchase accounting for combinations?
a. A change from pooling to purchase accounting does not affect cash flow. b. Differences between purchase and pooling accounting affect only book income. c. The change could have affected dividend distribution because of debt covenants. d. Income would normally be higher under purchase accounting than pooling.
Climate, topography, and natural resources refer to environmental scanning.
Answer the following statement true (T) or false (F)
"Bait and switch" tactics are not a violation of FTC rules if the merchant does not have enough stock on hand to meet reasonable demand for the advertised product
Indicate whether the statement is true or false