Which of the following is a defense that a defendant could raise in an action based on strict liability?

A) The plaintiff negligently failed to observe a sign on a highway warning of blasting operations and was injured from the operations.
B) The owner of a car signed a waiver of potential damages if he parked his vehicle in a blasting zone as a result of which the car was damaged.
C) A child played with a neighbor's pet raccoon which had escaped from its cage. The child teased the pet and was bitten.
D) All of these are valid defenses which would be successful if raised by the defendant.


B

Business

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Which of the following information is contained in a customer information file (CIF)?

A) description of competitors B) contact history of the customers C) rates charged by key suppliers D) rules and regulations affecting the business of the organization

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When a plant asset is traded for another of similar asset, losses on the asset traded are not recognized

Indicate whether the statement is true or false

Business

Most skateboard stores hire skater salespeople who gladly help customers find the best board for them. This means that most skateboard stores provide _____.

A. information utility B. ownership utility C. form utility D. time utility

Business

Answer the following statement(s) true (T) or false (F)

1. Large or jumbo CDs are $100,000 or greater in size. 2. Commercial paper represents a short-term credit instrument. 3. A corporation must generally pay taxes on only 30% of the dividends (preferred or common) that it receives from another corporation. 4. In many respects, the bond market appears to demonstrate a high degree of rationality of risk and return.

Business