When the Food and Drug Administration prohibits a certain drug from being marketed in the United States, this is
A) private law
B) an agency regulation.
C) legal negativism.
D) an executive order.
B
Business
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Goodwill may be recorded when:
a. it is identified within a company. b. one company acquires another in a business combination. c. the fair value of a company's assets exceeds their cost. d. a company has exceptional customer relations.
Business
There were 10,000 shares issued and outstanding before T-ball, Inc., decided to buy back some of its own stock to have on hand for end-of-year bonuses. It buys 200 shares at $30 per share. What happens to assets?
A. 0 No Effect B. (10,000) Treasury Stock C. (6,000) Treasury Stock D. 10,000 Common Stock; (10,000) Treasury Stock E. 6,000 Common Stock; (6,000) Treasury Stock F. (10,000) Cash G. (6,000) Cash H. 6,000 Cash
Business