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Five Pricing Practices Are Scrutinized Because of Potential Unethical or Illegal

question 15

Multiple Choice

Five pricing practices are scrutinized because of potential unethical or illegal actions. They are (1) price fixing, (2) price discrimination, (3) deceptive pricing, (4) geographical pricing, and (5) __________.


Definitions:

Acquired Goodwill

Represents the premium paid over the fair market value of assets during the acquisition of a company.

Outstanding Voting Shares

The total number of shares of a corporation that are held by shareholders and eligible to vote at shareholder meetings.

Fair Value

The market value of an asset or liability, based on the current price at which it can be sold or settled.

Unrealized Loss

A loss that results from holding an asset that has decreased in value, but the asset has not yet been sold.

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