Loraine wants to sue the Federal Aviation Administration because she thinks the local airport is too noisy and is operated carelessly. She has exhausted all administrative channels and now wishes to bring suit. Loraine should file her suit:
a. in the state district court where she lives
b. in the state district court in which the airport owner lives
c. in the federal district court nearest the airport because this is a federal question
d. with the Supreme Court because this controversy involves a statutory interpretation e. none of the other choices
e
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Clarion Corp invested cash in a 6-month certificate of deposit (CD) on November 1, 2016 . If Clarion Corp has an accounting period that ends on December 31, 2016, when should Clarion recognize interest revenue from the CD?
a. On December 31, 2016 only b. On May 1, 2017 only c. Both December 31, 2016 and May 31, 2017 d. On the date when its income tax return is filed
A retailer that is vertically integrated
A. concentrates only on operating its own retail stores. B. has limited control on the activities of the supply chain. C. performs more than one activity in the distribution channel. D. concentrates on selling only to businesses. E. outsources all supply chain activities to independent firms.
Which of the following is used by companies to separate cash duties and establish stronger control over cash receipts?
A) an encryption system B) an imprest system C) a lock-box system D) a firewall system
Which of the following statements is CORRECT?
A. The most important difference between spot markets versus futures markets is the maturity of the instruments that are traded. Spot market transactions involve securities that have maturities of less than one year whereas futures markets transactions involve securities with maturities greater than one year. B. Capital market transactions involve only preferred stock or common stock. C. If General Electric were to issue new stock this year, this would be considered a secondary market transaction since the company already has stock outstanding. D. Both NASDAQ dealers and "specialists" on the NYSE hold inventories of stocks. E. Money market transactions do not involve securities denominated in currencies other than the U.S. dollar.