Which of the following is a buyer benefit that could be used by a person selling automobile tires?

Daffy Duct, Inc., began operations in January by issuing 100,000 shares of $1 par value common stock for $5 per share. It also issued 10,000 shares of $50 par value, 5%, cumulative preferred stock for $50 each. Net income for the year was $500,000 and dividends were $44,000. What happens to assets?

A. 0 No Effect B. 100,000 Cash C. (100,000) Cash D. 500,000 Common Stock E. 100,000 Common Stock F. (100,000) Common Stock G. (500,000) Common Stock H. 500,000 Cash I. (500,000) Cash J. 400,000 Common Stock; 100,000 Paid-in Capital in Excess of Par K. 100,000 Common Stock; 400,000 Paid-in Capital in Excess of Par L. (400,000) Common Stock; (100,000) Paid-in Capital in Excess of Par M. (100,000) Common Stock; (400,000) Paid-in Capital in Excess of Par

If your business publishes false claims, it could be charged with the offence of misleading advertising under the Competition Act. If that happened, the law that applied would be

A) civil law B) regulatory law C) constitutional law D) administrative law E) none of the above