Why is it best to pay expenses for your business with a check, not with cash?
A. A check can't be traced.
B. Cash is easier to lose.
C. A check provides written proof of payment.
D. Paying with a check keeps check printing companies and banks in business.
Answer: C
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If you are using a phrase like "Can lead to data loss," you are
A) Alerting the reader. B) Telling readers how to avoid consequences. C) Clarifying the consequences of hazards. D) None of the above.
Companies can issue different classes of common stock. Which of the following statements concerning stock classes is CORRECT?
A. All common stocks fall into one of three classes: A, B, and C. B. All common stocks, regardless of class, must have the same voting rights. C. All firms have several classes of common stock. D. All common stock, regardless of class, must pay the same dividend. E. Some class or classes of common stock are entitled to more votes per share than other classes.
What is an affirmative action program? Be certain to detail the objectives of such programs in your answer.
What will be an ideal response?
Motion for Summary Judgment. Mary Sabo suffered injuries in an automobile accident caused by Daniel Hoag, an intoxicated driver. Hoag had just left Peoples Restaurant after having consumed a large number of drinks. Sabo sued Peoples for damages,
alleging that the restaurant had violated a state statute that provided that any person who "knowingly serves" an individual who is "habitually addicted" to alcohol may be held liable for any injuries or damages caused by the intoxication of that individual. In spite of evidence indicating that for the two years prior to the accident, Hoag had gone to Peoples twice a week and on each occasion had drunk liquor until he was intoxicated, the trial court granted Peoples' motion for summary judgment. The court held that Sabo had failed to show that Peoples had knowledge that Hoag was an alcoholic and the bar had therefore not "knowingly" served an alcohol addict. Sabo appealed. The appellate court reversed the trial court's ruling, and Peoples appealed the case to the Supreme Court of Florida. Was summary judgment for Peoples appropriate in this case?