An important step in comprehensively managing environmental liability and reducing penalties for noncompliance is to conduct periodic environmental audits

a. True
b. False
Indicate whether the statement is true or false


True

Business

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Which of the following is a definition of a foreign corporation?

A) A corporation with incorporations in multiple states. B) A corporation in the state in which it is incorporated. C) A corporation in states other than the one in which it is incorporated. D) A corporation in the United States which has been incorporated in another country.

Business

Amy owned a collection of antique swords. Amy agrees to allow Mark to display the swords at

his office building at no charge. Mark picks up the swords, places them in the back seat of his car and drives to the building. He stops along the way, parks and locks his car, and goes into a store to buy something. When he returns, someone has broken into the car and stolen all of Amy's swords. Amy sues Mark for the value of the swords. In this situation: A) Mark is liable; he owed a duty of ordinary care, which he did not meet. B) Mark is not liable; he owed a duty of ordinary care, which he met by locking the doors of the car. C) Mark is liable; he owed a duty of utmost care, which he did not meet. D) Mark is liable; he is an insurer of Amy's swords. E) Mark is liable; he owed a duty of slight care, which he did not meet.

Business

Etruscan Railing CompanyEtruscan Railing Company makes railing that is used in sports arenas, nursing home corridors, queue houses at amusement parks, and many other places that are not as obvious. Its railing is molded into bicycle racks. You may also see city governments using the railing to make walkways over ravines and creek banks safer for pedestrian traffic. Hospitals also use the railing in their physical therapy departments, to keep the lines straight in the hospital cafeteria, and to prevent patients from falling out of hospital beds.Refer to Etruscan Railing Company. Companies that make bicycle racks for bike safekeeping in public places receive the railing as 30-foot lengths of pipe. For these companies, Etruscan railing is:

A. supplies B. accessory equipment C. an installation D. processed material E. raw material

Business

The maximum loss that can be incurred as the buyer of an option is the amount of the option premium

Indicate whether the statement is true or false.

Business