Which of the following statements best describes common law?
A)Common law is law that is the same or similar in all states.
B)Common law is derived from statutes and codes made by legislatures.
C)Common law is based on Justinian and Napoleonic codes.
D)Common law requires judges to base their decisions on prior cases.
D
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Attitudes, interests, and opinions are reflected in:
A) demographic market segments B) geographic market segments C) psychographic market segments D) product differentiation programs
According to the forecast regarding online retail sales among select European countries by the year 2018 Germany will be ranked at the top in the region
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. Companies are required to report plant assets as a single amount, with a note to the financial statements that provides detailed information. 2. Companies may choose to report plant assets as a single amount, with a note to the financial statements that provides detailed information, or companies may provide detailed information on the face of the statement. 3. IFRS permits the presentation of plant assets at their fair market value. 4. U. S. Generally Accepted Accounting Principles permits the presentation of plant assets at their fair market value.
Under which market structure does a single seller have the most control over pricing?
A) monopoly B) oligopoly C) monopolistic competition D) pure competition E) natural competition