Title VII of the Civil Rights Act of 1964 applies to employers with any number of employees

Indicate whether the statement is true or false


FALSE

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Which of the following is not included under the heading "Capital and reserves" for IFRS financial statements?

A) ?Accumulated net profits or losses B) ?Cumlulative currency translation adjustments C) ?Upward revaluations of land and buildings D) ?Allowance for uncollectible accounts

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Mavrex, Inc received an application from Larry and, since his written qualifications seemed to meet a pressing current need, they hired him without checking his references or prior records. Actually, Larry had been in prison for murder several years

earlier. Tom, a long-time Mavrex employee, angered Larry when Tom tried to tell Larry how to do his job. Larry attacked and injured Tom. If Tom sues Mavrex, what would his cause of action be, and what elements would Tom need to prove to win his case?

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MoneyMaker Toy Company violated the safety standards set forth by the Consumer Product Safety Commission when it produced a toy gun that caused injury to hundreds of children. Because of MoneyMaker's actions

a. the CPSC can impose civil penalties on the company. b. the CPSC can impose criminal penalties on the company. c. users can sue for damages, including attorney's fees, if MoneyMaker knew it was violating a consumer product safety rule when it produced the guns. d. All of the answers are correct.

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Remainders and reversions:

A) Are both interests where property can or will return to the grantor. B) Differ in that a remainder is held by someone other than the grantor and the reversion is held by the original grantor. C) Often exist when there is also a fee simple absolute ownership. D) Cannot be bought or sold because they are future interests.

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