How would you prove that you have a case of negligence against a person that would stand up in court?
A person bringing a lawsuit for negligence must prove these elements: (1) duty to act carefully, (2) a breach of this duty, (3) the failure to act carefully proximately caused an injury to the person suing, and (4) the person suing suffered physical injury or damage.
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Which of the following is true?
a. If using the straight-line method, the amount of depreciation expense during the first year is higher than thatof the double-declining-balance. b. Regardless of the depreciation method, the amount of total depreciation expense during the life of the assetwill be the same. c. If using the double-declining-balance method, the total amount of depreciation expense during the life of theasset will be the highest. d. If using the units-of-output method, it is possible to depreciate more than the depreciable cost.
Organicos Café orders five gallons of PureMaid-brand transfat-free olive oil from Quico Cooking Supplies, Inc Quico mistakenly ships soy oil, which Organicos keeps, despite the nonconform¬ity. The oil is destroyed in a fire. The loss is suffered by
a. all of the parties as tenants in common in equal measure. b. PureMaid. c. Organicos Café. d. Quico Cooking Supplies.
In which of the following cases will the agency problem between shareholders and managers be the
greatest? A) The Johnson family owns 50% of the common stock of the company. The other 50% is owned by 5 mutual funds. B) 100% of the common stock is owned by the founder of the company who decided to retire and hired a manager to run his business for him. C) The common stock of the company is owned by many diverse shareholders, with no shareholder owning more than 1% of the outstanding stock. D) All top managers in the company own significant amounts of stock and stock options.
A manufacturer that uses several competing channels to reach the same target market is using multichannel distribution.
Answer the following statement true (T) or false (F)