Ultrahazardous activities:
A. are subject to strict liability.
B. are defined only by international statutes.
C. only create liability where the defendant fails to act as a reasonable person.
D. only create liability when the defendant fails to exercise utmost care.
Answer: A
You might also like to view...
Which of the following is generally not included in a letter of acceptance?
A) An acceptance of the position B) A reminder of why other firms were interested in you C) An expression of thanks D) An identification of the job being accepted E) Necessary details such as start date and salary
The primary role of today's managerial accountant is to:
A) enter data into the accounting system. B) collect data. C) analyze information and create knowledge. D) prepare tax returns.
Bradford Inc Bradford Inc manufactures and sells digital cameras. Bradford's management team has begun an intensive program whereby more time and effort are to be focused on product quality than were focused on in the past. The following data has been compiled regarding expected quality costs in the upcoming year: Product quality audits $90,000 Quality training 60,000 Rework costs 40,000 Warranty
claims 70,000 Inspection of incoming materials 30,000 Scrap costs 24,000 Statistical process control 30,000 Refer to the Bradford Inc information above. What are Bradford's total appraisal (detection) costs? A) $170,000 B) $110,000 C) $150,000 D) $64,000
The basic balance sheet relationship is:
A. assets plus owner's equity equal liabilities. B. assets plus liabilities equal owner's equity. C. assets equal liabilities plus owner's equity. D. assets equal owner's equity minus liabilities.