Under the Second Restatement, the owner of land is liable to adult trespassers for failure to maintain the land in a reasonably safe condition
a. True
b. False
Indicate whether the statement is true or false
False
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When a notes receivable is outstanding at the end of an accounting period, ________.
A) no adjusting entry is needed B) the revenue recognition principle requires that earnings from the note be recorded in the year the cash is received C) the total interest on the note should be recorded in an adjusting entry D) the interest revenue earned on the note up to year-end is part of that year's earnings
Which of the following is when compensation is tied to unit-level performance where revenue increases (or cost savings) are shared with an employee?
A. piece-meal plan B. gain-sharing plan C. stock options D. profit-sharing plan
A beauty shop owner offered one of her employees a bonus of $100 over a six-month period if she would promise to give all customers excellent service. This promise by the beauty shop owner is
a. based on forbearance. b. sufficient to give the employee the right to sue if she does provide good service and the beauty shop owner fails to pay. c. not valid because the employee is already legally bound to give excellent service. d. based on past consideration.
Which of the following is an example of something regulated by a zoning rule:
a. ethnicity of people in a neighborhood b. tax burdens c. population density d. none of the other specific choices are correct e. all of the other specific choices are correct