For a liability to exist:

A) a past transaction or event must have occurred.
B) the exact amount must be known.
C) the identity of the party must be known.
D) an obligation to pay cash in the future must exist.


A) a past transaction or event must have occurred.

Business

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A _____ style is characterized by friendliness, empathy, and concern for meeting employees' needs

a) employee-oriented b) Supportive c) participative d) Directive

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Bill buys a truck and replaces the regular tires with large tires to turn the vehicle into a monster truck. When he tries to drive the truck, the oversized tires cause the truck to roll over and crash

Bill then files a strict liability lawsuit against the truck manufacturer to recover for his injuries. Which of the following is the best defense for truck manufacturer in this lawsuit? A) government contractor defense B) assumption of the risk C) generally known danger D) supervening event

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The absolute number is less important in sampling than the percentage of the population

Indicate whether the statement is true or false

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The______approach to decision making suggests that when faced with a complex ethical dilemma, people do either what they are most comfortable doing or what they think a person they admire would do

Fill in the blank(s) with correct word

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