Torts are common law crimes

a. True
b. False
Indicate whether the statement is true or false


False

Business

You might also like to view...

Prepare the journal entry to close the revenue and other income accounts. Omit explanation.

An adjusted trial balance for a merchandiser is given below.

Business

The two defined sections of stockholders' equity under IFRS are

A) conditional capital and other equity. B) earned capital and retained earnings. C) contributed capital and retained earnings. D) share capital and other equity.

Business

The cost of plant assets is depreciated because the assets provide benefits only in the year of purchase

Indicate whether the statement is true or false

Business

An $80,000 bond issue priced at 97-3/4 is sold for $78,200

Indicate whether the statement is true or false

Business