Explain the "commercial activity" exception to the Foreign Sovereign Immunities Act
The commercial activity exception to sovereign immunity provides that a foreign sovereign or its agencies and instrumentalities shall not be immune from the jurisdiction of the courts of the United States or of the states in any case in which the action is based upon an act (1) outside the territory of the United States in connection with a commercial activity of the foreign sovereign elsewhere, and (2) that causes a direct effect in the United States.
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Which of the following is NOT an internal control over the petty cash fund?
A) Petty cash tickets are sequentially numbered. B) A specific amount of cash is designated to be kept in the petty cash fund. C) Petty cash tickets serve as the authorization voucher and explanation. D) Two custodians should be assigned responsibility for the petty cash fund.
Which earnings per share computation should be reported on the face of the income statement? Basic EPS Diluted EPS
a. Yes Yes b. Yes No c. No Yes d. No No
If a statute provides for judicial review:
a. the statute is preempted by common law traditions b. no other method may be used to establish a court's authority to hear a case c. the agency head nevertheless is authorized to choose the most efficient means of review d. the APA authorizes the agency head to reject the statute and utilize a different method if that method can be proven to be faster and more economical
Your primary goal in writing a sales or marketing message is to A) demonstrate creativity and marketing skills
B) create a strong personal and professional image for yourself. C) get your audience to devote a few moments of attention to your message. D) become a perceptive consumer of ideas, products, and services.