A public policy reason for imposing strict product liability on all in the chain of distribution is:
A) Consumers should be able to choose dangerous products if they want to.
B) These parties are able to insure against product liability costs.
C) These parties should be punished for putting dangerous products on the market.
D) Negligence was making it too easy for plaintiffs to recover.
B
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Depreciation matches the cost of an asset against the revenues it will produce
Indicate whether the statement is true or false
Pierre's Mart, a grocery store in New Orleans, Louisiana, offers less merchandise selection and fairly low levels of service
Despite the lackluster service and limited selection of merchandise, customers still flock to Pierre's because it charges rock-bottom prices. Pierre's Mart most likely uses the ________ positioning. A) more for the same B) more for less C) same for less D) less for much less E) more for more
Medicare is primarily for people who meet which eligibility requirement?
A. Elderly (65+) B. Low-income C. Children D. Disabled
Which of the following statements regarding amortization is true?
A) Amortization of the premium causes the Premium on Bonds Payable account to increase. B) Amortization of the premium causes the amount of interest expense to increase. C) Cash interest payments on bonds equals interest expense on the income statement when there is amortization of bond premium. D) Amortization of a premium continues over the life of the bond until the balance in the account is reduced to zero.