Answer:
The correct answer is B. False
Explanation:
Sven never agreed to selling his motorcycle at the spot, he only made a statement that should he intends to sell it later, he will not sell it lesser than $2000.
Answer: Wide variations in capital structures exist between industries and also between individual firms within industries and are influenced by unique firm factors including managerial attitudes.
Explanation:
Out of the options that are given in the question, the correct option is that wide variations in capital structures exist between industries and also between individual firms within industries and are influenced by unique firm factors including managerial attitudes.
All the other options are false. Debt-to-total-assets ratios varies much among different industries.
Answer:
The correct answer is True.
Explanation:
In the context of the audit of financial statements, fraud consists of recording intentional errors in the financial statements. The two main fraud categories are: fraudulent financial reports and asset misappropriation.
Fraudulent financial reports are characterized by containing errors or intentional omissions in the amounts with the intention of deceiving users. Most cases of fraudulent financial reports overestimate assets and income or omit financial liabilities and expenses to show higher income.
Answer:
C) linked to the production and sale of some other item.
Explanation:
• Derived demand is an economic term describing the demand for a good/service resulting from the demand for an intermediate or related good/service.
• Derived demand is solely related to the demand placed on a good or service for its ability to acquire or produce another good or service.
• The principles behind derived demand work in both directions; if the demand for a good decrease, the demand for the goods required to produce the item will also decrease.
The U.S. Supreme Court determine that the federal government did not overstep its bounds under the commerce clause when it enacted the Controlled Substances Act of 1970- Gonzalez v. Raich Case
Explanation:
<u>Gonzales v. Raich</u> was a case in which Raich was permitted to grow and use Marijuana for medical purposes but the federal agents seized the marijuana plantation and destroyed it.
<u>Raich then seeked action under the federal Comprehensive Drug Abuse Prevention and Control Act (CFA).
In the decision taken by the U.S Supreme court under the commerce clause of the US Constitution,that the congress has the power to criminalize the use and production of home-grown marijuana even if state law allows its use for medicinal purposes.</u>
