For consolidating, the FASB recognizes risks, rewards, decision-making ability and the primary beneficiary
Indicate whether the statement is true or false
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Panasonic markets a line of digital cameras that use Leica lenses. Leica lenses are legendary for their superb image quality. Panasonic is known for its consumer electronics
What marketing strategy are Panasonic and Leica implementing? Support your answer.
Which type of retail ownership is owned and operated by an individual but is licensed by a larger supporting organization?
A. independent retailer B. chain store C. franchise D. cooperative E. secondary retailer
Criminal penalties are possible under the Sherman Act
Indicate whether the statement is true or false
Sam and Martha sign a contract in which Sam agrees to pay a certain price and buy Martha's house. Later, Sam's brother states that Sam often has intervals of delusions and hence the contract is invalid because it has been made by an incompetent person. Sam has not been declared by the court as insane. In such a scenario, according to law, which of the following will entitle Martha to the price
agreed upon in the contract? A) Martha was not aware of Sam's mental condition while signing the contract. B) Martha will incur a huge loss if the contract is held invalid. C) Sam was in a sane frame of mind and understood the contract when he signed it. D) Sam signed the contract on his own and was not forced to do so.