Answer:
Deceptive advertisement.
Explanation:
Deceptive advertisement: It is a type of advertising that is meant for damaging the reputation of competitor´s ad and products by making false claim or by spreading wrong information about the rival´s product. This advertisement is also gimick the customer by misleading them in their promotional campaign. The prime purpose of these type of advertisement is to promote their product as superior and gain more sales due to wrong information spread.
In the given case, pharmaceutical company is falsely claiming that the product provides relief within two minutes due to its unique ingredients, which is deceptive advertisement.
Answer:
The correct answer is option b.
Explanation:
When there is a fall in the interest rate, it means the cost of borrowing will decrease. So it will become cheaper for both firms and households to borrow money.
Thus, borrowing will increase. Firms will borrow more for new plants or equipment to increase output. While households will borrow more for building homes and other such purposes.
Answer:
The answer is "15.61%"
Explanation:
Please find the solution file in the attachment.
Answer:
$35,000
Explanation:
Calculation for what amount should the patent be reported on Van Buren's consolidated balance sheet at December 31, 2021.
Unrecorded patent is valued at $45,000
Less Amortization for 2 years (9 years remaining life) ($10,000)
(45,000/9 years*2)
Patent reported $35,000
($45,000-$10,000)
Therefore the amount of patent that should be reported on Van Buren's consolidated balance sheet at December 31, 2021 is $35,000
Answer:
Deductible interest expense of $1440 and deductible education expense of $4000.
Explanation:
There are certain tax laws which allows a tax payer to deduct his expenses from the taxable amount. The tax payer can deduct interest expense from the taxable amount since it is a tax shield. Lionel can deduct an interest expense of $1440 from the taxable amount and he can deduct $4000 for his education from the taxable amount.
