Which of the following is FALSE concerning readability level?

a. A readability level of 10 means that a person would need to be able to read at the tenth-grade level to understand the material.
b. The two factors that affect the readability level are the number of words in the passage and the complexity of the sentences.
c. Many word processing programs calculate readability measures automatically.
d. The writer should use feedback on readability level to revise appropriately.


B

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________ is a defense to Section 2(a) liability, which provides that a seller's price discrimination is not unlawful if the price differential is due to "differences in the cost of manufacture, sale, or delivery" of the product

A) Natural monopoly defense B) Meeting the competition defense C) Changing conditions defense D) Cost justification defense

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In which of the following situations will the inference of the existence of a partnership be drawn from the receipt of profits of a business?

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For a taxpayer in the 15% marginal tax bracket, a 15-year municipal bond currently yielding 6.2% would offer an equivalent taxable yield of

A. 6.2%. B. 5.27%. C. 8.32%. D. 7.29%.

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