In pollution cases involving strict liability for abnormally dangerous activities, courts have NOT found which of the following activities to be abnormally dangerous:
a. crop dusting
b. leakage of chemicals into ground water
c. storing of flammable liquids in quantity in a populated area d. emitting of steam gases by factories
e. all of the other specific choices have been found to be abnormally dangerous by the courts
d
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Specialization is an advantage of
a. large-scale production. b. monopolies. c. smaller production runs. d. high wages for foreign workers.
Assume that John's marginal tax rate is 37 percent. If a city of Austin bond pays 6 percent interest, what interest rate would a corporate bond have to offer for John to be indifferent between the two bonds?
A. 6.00 percent. B. 37.00 percent. C. 9.52 percent. D. 3.78 percent. E. None of the choices are correct.
Answer the following statements true (T) or false (F)
Accounting theory includes the basic rules, definitions, and principles that underlie the drafting of accounting standards and how they are derived.
Cynthia and Brian were friends. Brian was a dare devil. Because of his antics, Cynthia thought that Brian wasn't long for this life. Cynthia purchased a life insurance policy on Brian's life. Subsequently, Brian was killed in a car accident. Since Cynthia and Brian were friends, Cynthia had an insurable interest in his life and will be entitled to the insurance proceeds
a. True b. False Indicate whether the statement is true or false