Potential markets can be subdivided into:
A) latent and parallel markets.
B) existing and incipient markets.
C) latent and incipient markets.
D) existing and latent markets.
E) incipient and existing markets.
C
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Which of the following is considered a fraudulent activity?
A. A mistake in gathering or processing accounting data from which financial statements are prepared. B. An incorrect accounting estimate arising from oversight or misinterpretation of facts. C. Misappropriation of assets. D. A mistake in the application of accounting principles relating to amount, classification, manner of presentation, or disclosure.
A woman testified in court that a celebrity sexually assaulted her. In fact, she said this only to extort money from the celebrity. The celebrity is considering suing her for defamation. Which of the following is TRUE?
A) Since the testimony was false the woman would have no defence. B) The defence of qualified privilege would apply C) The defence of fair comment would apply because the celebrity is a public figure.. D) The defence of absolute privilege would apply E) The defence of innocent dissemination would apply