Ray is informed that his six-year-old child is shooting in the street with a handgun. Ray fails to take the gun away from the child. The child unintentionally shoots Bill, a pedestrian. Ray is liable to Bill
a. True
b. False
Indicate whether the statement is true or false
True
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An expatriate is a person living outside his or her country of birth.
Answer the following statement true (T) or false (F)
Peck Tech. purchased a patent at the beginning of 2011 for $400,000. The patent's legal life was 20 years, but economic benefits were expected for 10 years. Also, during 2011, Peck's incurred research and development costs of $200,000. The book value of the patents at December 31, 2011, is:
A) $400,000 B) $360,000 C) $350,000 D) $560,000
Which of the following is the most common form of alternative dispute resolution (ADR)?
A) negotiation B) mini-trial C) arbitration D) fact-finding
The accounts receivable turnover ratio for a merchandiser is 10 times. Calculate the days' sales in receivables for the merchandiser. (Round your answer to the nearest day.)
A) 33 days B) 37 days C) 28 days D) 40 days