The signature of the maker of a note may be typewritten or signed by means of a signature stamp so long as it represents a present intention to authenticate the instrument
a. True
b. False
Indicate whether the statement is true or false
True
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When using the indirect method, how is the receipt of cash from the sale of long-term investments treated on the statement of cash flows?
a. Operating activity b. Investing activity c. Financing activity d. Noncash investing or financing activity
Business bankruptcy cases always involve fraudulent behavior
Indicate whether the statement is true or false
UniCo-a multinational corporation that specializes in designing, developing, and selling consumer electronics-outsources manufacturing products to a third-world country company. Human rights activists have criticized UniCo for operating inhumane sweatshops at the manufacturing plants to gain profits. Although UniCo is not directly liable for the labor exploitation, it threatens to pull out its business from the contracted company if the laborers are not provided with dignified wages and good working conditions. Which of the following responsibilities did the company fulfill in this scenario?
A. Respondent superior B. Strict liability C. Implied merchantability D. Caveat emptor
Which school of jurisprudence views law as a sort of evolutionary process, where changing norms of society will be reflected in the law?
A) the Natural Law School of jurisprudence B) the Sociological School of jurisprudence C) the Analytical School of jurisprudence D) the Historical School of jurisprudence