If a customer is wrongfully suspected of shoplifting and is held for five hours even when there is no evidence of shoplifting, the merchant may be sued for:
A) false imprisonment.
B) defamation.
C) slander.
D) negligence.
A
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Hull Company reported the following income statement information for the current year: Sales$410,000 Cost of goods sold: Beginning inventory$132,000 Cost of goods purchased 273,000 Cost of goods available for sale 405,000 Ending inventory 144,000 Cost of goods sold 261,000 Gross profit$149,000 The beginning inventory balance is correct. However, the ending inventory figure was overstated by $20,000. Given this information, the correct gross profit would be:
A. $149,000. B. $142,000. C. $129,000. D. $169,000. E. $112,000.
Which of the following entries records the acquisition of equipment on account?
A) Equipment, debit; Accounts Payable, credit B) Equipment, debit; Cash, credit C) Accounts Payable, debit; Equipment, credit D) Accounts Payable, debit; Notes Payable, credit
Answer the following statements true (T) or false (F)
1.Natural capital refers to trust, norms, and networks that people can draw upon to solve common problems and create social cohesion. 2.Ethnocentrism refers to regarding one’s own ethnic group or culture as superior to that of others. 3.Hofstede’s dimensions of culture tells us how significant the differences are between two countries’ cultures. 4.Project GLOBE refuted Hofstede’s findings and came up with its own set of nine dimensions of culture. 5.Polycentric organizations emphasize adapting to local culture and will generally choose to hire host-country employees.
Experiments need to have a clear purpose, be achievable, and generate______.
a. positive outcomes b. product ideas c. reliable results d. action