The doctrine of stare decisis
a. is expressed in statutes.
b. promotes predictability of the law.
c. promotes judicial activism.
d. is product of Roman civil law.
b
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What are deficient products?
A) products that have neither immediate appeal nor long-run benefits B) products that give high immediate satisfaction but hurt consumers in the long run C) products that have low appeal but may benefit consumers in the long run D) products that are either unsafe or inferior E) products in the decline stage of the product life cycle
The simplest type of measuring system is the:
a. interval scale. b. ratio scale. c. nominal scale. d. ordinal scale.
When the states ratified the Constitution, they delegated certain powers—called enumerated powers—to the federal government
Indicate whether the statement is true or false
Which of the following is a true statement concerning common stock?
a. The dividend is often a fixed percentage of par value. b. It accumulates unpaid dividends until they are all paid. c. Regular cash payments to the shareholder are required. d. There is an opportunity to realize greater growth in the value of the investment. e. When the firm is liquidated, the holders of common stock will be paid out of the proceeds of the sale of assets before anyone else.