What term identifies organizations that do not have to pay federal income taxes?
A. public
B. private
C. tax-exempt
D. income-exempt
C. tax-exempt
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Goods purchased for resale are called merchandise inventory.?
Answer the following statement true (T) or false (F)
If someone repeatedly sends offensive messages electronically directly to the victim, this form of cyberbullying is called ______.
A. online harassment B. cyber-stalking C. denigration D. outing
When does a pocket veto occur?
A) when the president does nothing upon receipt of a bill from Congress B) when the president takes no action within 10 days of receiving the bill from Congress and Congress adjourns within those 10 days C) when the president vetoes a bill from Congress during a lame-duck session and the Congress adjourns immediately thereafter D) whenever the president vetoes a bill
Which of the following is true of a securities exchange?
A) It serves as an intermediary by channeling the savings of individuals, businesses, and governments into loans or investments. B) It borrows funds directly from the financial institutions. C) It is an association of banks who meet to buy and sell stocks and bonds. D) It provides a marketplace in which firms can raise funds through the sale of new securities and purchasers can resell securities.