Brian's pick-up truck collides with Miranda's semi-trailer on a county highway. Weighing Brian's liability for the collision, Rachel, a judge, reasons by analogy. To reason by analogy is to
A. compare the facts in previous cases and apply the same rule of law.
B. compile summaries of court decisions on particular topics.
C. employ logic through a major premise, a minor premise, and a conclusion.
D. proceed from one point to another with the focal point being the result.
Answer: A
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Which of the following brands generates only 6 percent outside North America, with very little of that in fast-growing emerging markets like India, China, and Brazil, which may represent opportunities for its growth?
A) UPS B) Under Armour C) FedEx D) Nike E) Adidas
What evidence is utilized by the auditor for analytical purposes in substantiating the completeness of the allowance for bad debt estimate?
a. Accounts receivable aging schedule. b. Copies of checks received from customers. c. Confirmations returned without exception. d. Stock prices of customer companies.
Claiming personal travel as a business expense, a personal lunch as a business lunch, altering a receipt to reflect a higher amount than was actually paid, or submitting fictitious receipt is an example of which of the following?
a. a billing scheme b. a payroll disbursement scheme c. a register disbursement scheme d. an expense reimbursement scheme
Discuss why business legislation is enacted. Provide examples
What will be an ideal response?