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OverLord2011 [107]
3 years ago
13

Eliza took her car to her regular mechanic, who had a private business. The mechanic often advertised on billboards, writing "Re

liable fixesand low costs" and "The cheapest prices." After getting her engine checked, she incurred over $2,000 in costs. Out of curiosity, she went toa competing private firm that also fixed cars, and the private firm said that she paid significantly more to her mechanic than the costs of boththe parts and labor. Eliza sued her mechanic, alleging that she had been misled by her mechanics advertisements. The court applied theCentral Hudson test, and found the mechanic’s advertisements were misleading. The mechanic argued that pursuant to his first amendmentrights, his speech was protected, especially because they were generalizations that should not have been taken literally. The court ruled infavor of Eliza, ordering the mechanic to pay Eliza for damages and to take the advertisements down.But what if the facts of the case were different? Select the appropriate set of facts below that would change the outcome of the case.a) The court found that the advertisements were not inherently misleading. However, it did find that regulating the advertisement in questionwas more extensive than necessary to protect the public interest.b) The court found that the advertising in question constituted commercial speech.c) The court found that the advertisements in question did not advance the state’s interest.d) The court finds that the speech in the advertisements is not misleading, but that the state’s interest would be advanced if the advertising in question were restricted.
Business
1 answer:
damaskus [11]3 years ago
5 0

Answer:

b) The court found that the advertising in question constituted commercial speech

Explanation:

The Central Hudson Test is used by the supreme court primarily to gauge if advertisement qualifies as commercial speech, which will satisfy the First Amendment requirements.

Formerly commercial speech had no protection but after the Central Hudson Gas vs Public Service Commission of NY, a framework was done to test validity of commercial speech.

A major part of this test was also if the government has substantial interest, and whether government interest will be promoted.

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Answer:

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b)  

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A bank charges a commercial borrower a 6.55 percent interest rate on a one-year loan. The bank also charges a 0.5 percent origin
Citrus2011 [14]

Answer:

the promised gross rate of return on the loan is 7.52%

Explanation:

The computation of the promised gross rate of return is shown below:

= (Rate of interest + Origination fees) ÷  [1 - (Demand deposit x (1 - Reserve requirement)]

= (6.55% + 0.5%) ÷ [1 - (7% × (1 - 10%)]

= (0.0655 + 0.005) ÷ [1 - (0.07 × (1 - 0.10)]

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= 0.0705 ÷ 0.937

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Hence, the promised gross rate of return on the loan is 7.52%

5 0
3 years ago
__________help(s) employees understand the history and past actions of an organization, and make the current organizational cult
LekaFEV [45]

Answer:

The correct word for the blank space is: Stories.

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Stories tell employees facts of the company that occurred in the past and led the organization to be positioned where it currently is. It usually includes events of how the company started, who were the initial owners, and what happened with the enterprise that allowed its success or failure.

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brilliants [131]

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2. a. Record no entry in the books

b. Record a loss in the books

Explanation:

1. The Special asset created by Heartland Telecom's acquisition of Surety Wireless is Goodwill.

Goodwill is the difference between what the company was worth and what it was purchased for if the purchase price was higher than the worth (market value).

2. a. Goodwill should be accounted for by recoding it in the Long term Assets under Intangible Assets in the balance sheet. It should not be amotrized. If Goodwill increases, there should be no recording this <u>gain</u> on the books.

b. If the value of the asset has​ decreased, Heartland should record a loss in the books to represent the loss on this account.

5 0
4 years ago
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