Judges use proximate cause to limit the scope of a defendant's liability to a subset of the total number of potential plaintiffs that might have been harmed by the defendant's negligence
Indicate whether the statement is true or false
T
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Hill Company maintains most of their business records as electronically stored information (ESI). Recently the company's president, Clint Hill, was informed that the firm can reasonably anticipate being named as a defendant in a federal lawsuit. Accordingly, Clint should see to it that the company ________.
A. preserves all relevant ESI that may be useful to an adversary B. immediately deletes all relevant ESI before the company is named in a federal lawsuit C. deletes all relevant ESI before the company receives any discovery requests D. transfers all relevant ESI to a cloud server maintained by another company outside of the United States
Applied overhead is less than actual overhead incurred during the year. Which of the following journal entries is made to close the Overhead account if this difference is immaterial?
A) Overhead Work in Process B) Cost of Goods SoldOverhead C) Overhead Finished Goods Inventory D) Cost of Goods SoldFinished Goods Inventory
Which of the following is a signal that Anne is ready to sign the contract to book the reception?
A) She looks at her watch. B) She checks her phone for messages. C) She asks, "How much do I need to put down now to reserve the date?" D) She asks, "Why don't you offer pre-set desserts?" E) She says, "The country club offers a chocolate fountain at no extra cost."
A company does not have to issue all of the shares authorized by the corporate charter, but it cannot issue more shares than are authorized
a. True b. False Indicate whether the statement is true or false