One night, when Henry got home and flipped on the light switch, the kitchen exploded, leaving him severely injured. The explosion was caused by a failure of the gas connector, which allowed a large amount of gas to escape, and a small spark created by turning on the light caused it to explode. Henry sued the gas corporation, arguing that it knew the connector was defective but it did not warn its customers. Henry won the case. He is most likely to have won the lawsuit on the grounds of:
A. strict liability.
B. breach of duty.
C. recklessness.
D. negligence per se.
Answer: A
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Which of the following is an opportunity for retailers to develop a sustainable competitive advantage?
A. Deeper assortment B. Coupons C. Good customer service D. Reduced prices E. Longer hours of operation
The ______ was developed as an alternative to male-oriented approaches to ethics.
Fill in the blank(s) with the appropriate word(s).
If you receiveunwanted questions in the middle of your presentation,you should remind the questioner that there will be time for questions at the end.
Answer the following statement true (T) or false (F)
) In 2018, Richard's Department Store changes its inventory method from FIFO to LIFO. Richard's uses the simplified LIFO method. Richard's year-end inventory under FIFO is as follows: 2017 - $300,000; 2018 - $350,000. The 2017 price index is 110% and the 2018 index is 120%. The 2018 layer is
) In 2018, Richard's Department Store changes its inventory method from FIFO to LIFO. Richard's uses the simplified LIFO method. Richard's year-end inventory under FIFO is as follows: 2017 - $300,000; 2018 - $350,000. The 2017 price index is 110% and the 2018 index is 120%. The 2018 layer is
A) $19,097.
B) $20,833.
C) $22,727.
D) $50,000.