The concept of imposing liability for the fault of another is known as __________ liability
A) imperious
B) gregarious
C) vicarious
D) virtual
C
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The soles of the feet should not be shown in Arab cultures
Indicate whether the statement is true or false.
In a shipment of containers of widgets, which of the following would be considered an implied warranty?
A) that the seller of the widgets has given an oral approval of the widgets in the containers B) that the description of the uses of widgets is mentioned in the contract C) that the widgets are of an even kind, quality, and quantity within each unit D) that a sample of the widget was given to the buyer for inspection
Regarding the flow of costs through the inventory accounts, which of the following statements is incorrect?
A) The final amount at each stage is added at the beginning of the next stage. B) The costs flow from Raw Materials Inventory to Work-in-Process Inventory to Finished Goods Inventory. C) Purchases and freight in are debited to the Work-in-Process Inventory account. D) The format for computing the amount used, manufactured, or sold is the same for all three inventory accounts.
Personal selling is generally the most expensive element in the promotion mix.
Answer the following statement true (T) or false (F)