A common carrier is under a duty to serve the public to the limits of its capacity
Indicate whether the statement is true or false
True
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Distinguish between a postulate and a principle as they are used in ARS 1 and ARS 3. Identify the major categories of each that are included in these two studies.
What will be an ideal response?
Which one of the following is one of the Theodore Levitt assumptions supporting a pure global strategy?
A. MNCs can successfully compete globally by aggressively pricing products at the sacrifice of product features. B. Customer needs and interests are becoming more dissimilar. C. If the world markets are treated as heterogeneous, substantial economies of scale are easily achieved. D. Consumers are willing to pay more for specific product features.
Nelson is Organic Coffee Company's majority shareholder. Nelson decides to sell his Organic Coffee stock. The sale will be an effective transfer of the control of the company. Does Nelson owe a duty to Organic Coffee or its minority shareholders in this situation?
Which of the following are examples of intercompany balances and transactions that must be eliminated in preparing consolidated financial statements?I. Security holdings II. Interest and dividends III. Sales and purchases
A. I, II, III B. II C. I, III D. I, II