Labels can identify the product and must contain legal statements that under various Federal laws cannot be misleading, false, or deceptive

From a firm's perspective, preferred shares are at least as desirable as bonds because the firm is able to deduct preferred dividend payments for tax purposes like it can bond interest expenses

Indicate whether the statement is true or false

Pender Pet Products is considered an opportunistic importer because the firm seeks products around the world that it can import and sell profitably to domestic consumers

Indicate whether the statement is true or false