In MacPherson v. Buick, where the wheel on a new Buick collapsed, causing the car to crash, injuring MacPherson, the court of appeals held MacPherson could sue:

a. Buick for negligence under contract law b. Buick for negligence under tort law
c. Buick for strict liability under contract law d. Buick for strict liability under tort law
e. the wheel maker, not Buick, for negligence in product construction


b

Business

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One benefit of a connected world, resource ___________ makes all applications, equipment (such as a high-volume printer), and data available to anyone on the network, without regard to the physical location of the resource or the user.

Fill in the blank(s) with the appropriate word(s).

Business

Casual listening is useful when receiving important instructions, resolving conflict, and providing or receiving critical feedback.

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

Business

The crossover rate is the discount rate where both projects have the same ________

A) IRR B) PI C) NPV D) length to completion

Business

The following market information was gathered for the ACME corporation. The common stock is selling for $40.00 per share and there are 100,000 shares outstanding

Retained earnings equal $400,000, preferred stock has 1,000 shares outstanding selling at $120.00 per share, and 500 outstanding long-term bonds are selling for $1,035.00 each. For purposes of estimating the firm's WACC, what are the market value weights of long-term debt, preferred stock, and equity? A) D/V = 11.16%, PS/V = 2.59%, and E/V = 86.25% B) D/V = 10.27%, PS/V = 2.38%, and E/V = 87.34% C) D/V = 10.78%, PS/V = 3.08%, and E/V = 86.14% D) D/V = 33.33%, PS/V = 33.33%, and E/V = 33.33%

Business