When British entrepreneur Richard Branson opened the first Virgin Megastore in Japan, he did so by establishing a joint venture with the Marui retailing chain. This represents an inappropriate market-entry approach for a global retailer

Supplies and supplies expense are both permanent accounts

a. true b. false

What prohibits advertisers from falsely describing competitors' products and allows competitors to sue if ads show their products or brand names in an incorrect or false manner?

a. Competition Act b. Better Business Bureau c. Truth in Advertising Act d. Advertising Standards Council