Payments That Do Not Vary from Month to Month Are

question 60

Multiple Choice

Payments that do not vary from month to month are ________ expenses.

• A)fixed
• B)usage
• C)variable
• D)luxury
• E)output

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Definitions:

Federal Trade Commission Act

A United States federal law established in 1914 to prevent unfair competition and deceptive practices in the marketplace, creating the Federal Trade Commission.

Robinson-Patman Act

A United States federal law enacted in 1936 to prohibit anticompetitive practices by producers, specifically price discrimination.

Lanham Act

A United States law enacted in 1946 that protects trademarks, service marks, and related intellectual property.

Regulation

Restrictions state and federal laws place on a business with regard to the conduct of its activities.