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Question
Which of the following statements about standardized form contracts is false?
A. Frequently, the terms of standardized contracts are negotiable.
B. They are used both online and offline.
C. They are contracts that are preprinted by one party and presented to the other party for signing.
D. In most situations, the party who drafts and presents the standardized contract is the party who has the most bargaining power in the transaction.
Answer
This answer is hidden. It contains 305 characters.
Related questions
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D. blocs.
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The term "Superfund" refers to:
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Which of the following can issue both National Pollution Discharge Elimination System (NPDES) permits and industrial discharge permits?
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Which of the following was the earliest federal legislation enacted to protect water bodies against pollution?
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The _____, enacted in 1970, required that an environmental impact statement be prepared for every recommendation or report on legislation and for every major federal action significantly affecting the quality of the environment.
A. Comprehensive Environmental Response Compensation and Liability Act
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A. functional discounts
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Which Section of The Clayton Act originally prohibited local and territorial price discrimination by sellers?
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The Clean Water Act incorporates both civil and criminal sanctions.
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Which of the following requires parties to the merger agreement for planned mergers involving dollar values of stock or assets exceeding certain amounts to provide advance notice to the FTC and the Justice Department?
A. Section 7 of the Clayton Act
B. The Robinson-Patman Act
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D. The Hart-Scott-Rodino Antitrust Improvement Act
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Individuals convicted of a RICO (Racketeer Influenced and Corrupt Organizations Act) violation may be:
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C. fined up to $150,000 without an imprisonment.
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Q:
The maximum penalty for a criminal violation of the 1933 Act is a:
A. $20,000 fine and one year imprisonment.
B. $10,000 fine and five years' imprisonment.
C. $20,000 fine and five years' imprisonment.
D. $10,000 fine and one year imprisonment.
Q:
Nast Corp. orally engaged Baker & Co., CPAs, to audit its financial statements. The management of Nast informed Baker that it suspected the accounts receivable were materially overstated. Although the financial statements audited by Baker did, in fact, include a materially overstated accounts receivable balance, Baker issued an unqualified opinion. Nast relied on the financial statements in deciding to obtain a loan from Century Bank to expand its operations. Nast has defaulted on the loan and has incurred a substantial loss. If Nast sues Baker for negligence in failing to discover the overstatement, Baker's best defense would be that:
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C. Baker performed the audit in accordance with generally accepted auditing standards.
D. Nast orally engaged Baker and no engagement letter had been signed by Baker.
Q:
In which of the following contexts is a professional most likely to experience a nonclient action?
A. An accountant who prepares and audits financial statements of companies.
B. A consultant who gives advice to companies for improving performance.
C. A securities broker who provides investment advice to retail investors.
D. An attorney who advises companies on corporation and business laws.