A business can become involved in a tort action:
a. if an individual is harmed or injured by the actions of the business or its employees b. if an individual is injured by a product produced by the business
c. if a business harms another business d. all of the specific other choices
e. none of the other specific choices
d
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The budget assumes that 60% of commission expenses are paid in the month they are incurred and the remaining 40% are paid one month later. In addition, 50% of salaries expenses are paid in the same month, and the remaining 50% are paid one month later. Miscellaneous expenses, rent expense, and utilities expenses are assumed to be paid in the same month in which they are incurred. Insurance has been paid in advance for the year on January 1. Calculate total budgeted cash payments for selling and administrative expenses for the month of April.
A manufacturing company's budgeted income statement includes the following data:
A) $52,000
B) $60,500
C) $57,900
D) $64,700
KnockKnock is a manufacturer of stainless steel locks that are well-known for their durability. The company contacts a new stainless steel supplier and enters into a supply contract
The contract states that KnockKnock would purchase only if the steel from the supplier was high-grade Type 102 stainless steel. This is an instance of a ________. A) condition subsequent B) concurrent condition C) covenant D) condition precedent
The share of the workforce comprised by Asian Americans is expected to decline drastically by 2022.
Answer the following statement true (T) or false (F)
In a comparative negligence state, if the plaintiff in a negligence lawsuit is found to be 30 percent negligent, the plaintiff would recover A) 70 percent of the damages
B) all of the damages. C) none of the damages. D) 30 percent of the damages.