Under U.S. law, lobbying activities must be disclosed publicly. True False
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Under U.S. law, lobbying activities must be disclosed publicly.
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- Briefly explain why a corporation might hire lobbyists instead of lobbying without assistance from a lobbyist..Before proceeding with Chapter 7 bankrupcy, a debtor must complete a. credit counseling b. spending counseling c. community service d. a jail sentenceIf a store advertises a particular product at a very attractive price, and then tries to talk prospective buyers of that product into buying a more expensive brand or style when the customers enter the store, the store would appear to be guilty of O palming off goods. an unfair trade practice. a deceptive trade practice. bait and switch advertising. O false advertising. discrimination.
- Which or the following is false regarding a corporation. They can be publicly or privately owned The corporation is not liable for the personal obligations of its owners It has many of the legal powers that people have The owners of the corporation have some liability for the debts of the corporationCorporate Social Responsibility towards Shareholders include a. All the options are correct O b. Payment of Taxes c. Following the rules and regulations laid by the government o d. Providing a reasonable return on investmentA member is entitled to receive money or other assets from the company under certain circumstances. Which of the following statements is FALSE? Group of answer choices A preferential shareholder is entitled to share in the surplus assets of the company, if any, upon the winding up of the company. Dividends are to be declared by the company provided there is sufficient profit for the dividends to be paid. As a general rule, return of capital to the members is not allowed during the life of a company. Distribution to members by the company can take the form of dividends, return of capital and a share of the company's surplus assets, if any, upon the winding up of the company.
- Foundations can fund political campaigns. A. True B. FalseLucky administers an integrity test at Garden Haven, a supplier of lawn and garden supplies, in order to screen out potential thieves or dishonest workers. Howard, another Garden Haven employee, frantically finds Lucky and tells him the test is no good because several applicants just told him they faked their answers. What should Lucky do? A.) hire a group of proctors who are trained to catch cheaters to oversee test administration B.) do away with unreliable integrity tests and ascertain the qualities of applicants from face-to-face interviews C.) invalidate all of the tests taken during the testing period referred to by Howard D.) stop using the integrity test and switch to the more reliable and less invasive polygraph test instead E.) nothing because faking is common and does not influence the correlation between scores and performanceIf an Illinois real estate licensee has an ownership interest in a property being sold and has failed to inform the purchaser of such interest, the licensee A. cannot collect a sales commission on the self-owned portion. B. has acted unethically, but not illegally. C. has committed an illegal act and is subject to disciplinary action. D. has not erred unless the licensee ownership interest is greater than 50%.
- The Norris -LaGuardia Act of 1932 banned the closed shop. True or FalseThe “Compliance with Standards Rule” requires that a member who performs professional services, including consulting services, comply with standards promulgated by bodies designated by Council, regardless of whether the member is holding out as a CPA. The standards applicable to members performing consulting services are set forth in the Statements on Standards for Consulting Services (SSCSs) and specifically state that such standards apply to members holding out as a CPA while providing consulting services. Would a member who does not hold out as a CPA be in compliance with “Compliance with Standards Rule” if the member did not comply with the SSCSs while performing consulting services for a client? Yes or NoKathleen works for an accounting firm, Securate, as an auditor. Kathleen’s firm provides many services including auditing services, investment consulting, and tax assistance. Kathleen is working on an audit for a company that Securate also does consulting for. Which of the following is true? Kathleen may not assist in consulting services for the company unless she is an officer in the company. Kathleen may assist in consulting services for the company without restriction. Kathleen may not assist in consulting for the company.
