Milton owns a business delivering coffee and donuts within the downtown area of the city. Smith Co calls him to deliver a large quantity of his products to their local office. While taking a coffee urn through the Smith Co's office, Milton drops it on Lester, scalding him. Who is liable?

A) Smith Co. and Milton are liable
B) Milton alone is liable
C) Lester has to absorb the cost himself since he assumed the risk by working at Smith Co
D) Smith Co. alone is liable


B

Business

You might also like to view...

A cost object in a process cost system is usually a:

a. Department. b. Job. c. Specific product. d. Employee.

Business

In a statement of cash flows, receipts from sales of property, plant, and equipment would be classified as cash inflows from

a. liquidating activities. b. operating activities. c. investing activities. d. financing activities.

Business

A corporation sold 14,000 shares of its $1 par value common stock at a cash price of $13 per share. The entry to record this transaction would include:

A. A credit to Paid-in Capital in Excess of Par Value, Common Stock for $196,000. B. A debit to Paid-in Capital in Excess of Par Value, Common Stock for $182,000. C. A credit to Common Stock for $14,000. D. A credit to Common Stock for $182,000. E. A debit to Cash for $14,000.

Business

Data Analytics are being used by corporations to understand their customer purchasing patterns. This is an example of which segment of the general environment?

A. technological B. demographic C. political and legal D. economic

Business