In Australia,legislation Dealing with a Wide Range of Business Activities

question 65

Multiple Choice

In Australia,legislation dealing with a wide range of business activities relevant to marketers,including sections dealing with deceptive advertising,is called the ________.

• A)Trade Practices Act
• B)Child Protection Act
• C)Australian Securities and Investments Commission (ASIC)
• D)Competition and Consumer Act
• E)Australian Competition and Consumer Commission (ACCC)

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Definitions:

Bonds

Financial instruments representing a loan made by an investor to a borrower, typically corporate or governmental, where the issuer owes the holders a debt and is obliged to pay them interest and/or repay the principal at a later date, termed the maturity.

Issue Stock

This refers to the process by which a company offers new shares to investors or the public in order to raise capital.

NPV

Net Present Value, a method used in capital budgeting to evaluate the profitability of an investment or project by comparing the present value of cash inflows to the initial investment.

Today's Dollars

A term referring to the current value of money, taking into account inflation or deflation, to compare purchasing power over time.