Custom Ceramics Corporation makes ceramic products for commercial uses, including heat-resistant tiles for industrial ovens. When damage occurs in an oven at Duramold Plastics, Inc, liability may be imposed on Custom Ceramics if the tiles sold to Duramold were
A) in perfect condition at the time of their sale
B) damaged by their use.
C) substantially changed after their sale.
D) in a defective condition that was the proximate cause of the damage.
D
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Negotiators may appear to act irrationally for which of the following reasons?
A. they are uninformed B. as a hard bargaining tactic C. they have hidden constraints D. Negotiators may act irrationally for any of these reasons.
When bonds are retired at maturity ________
A) the bondholders are paid the the face value plus the unamortized premium or less the unamortized discount B) the carrying value equals the face value plus the unamortized premium or less the unamortized discount C) the carrying value always equals the face value D) the entry to retire the bonds may include a gain or loss on retirement of bonds
Joshua and Hubert are the co-owners of a shoe manufacturing company. They have a disagreement over company policies and business methods. Following the discord, Joshua withdraws from the company and comes under the obligation to pay a sum of $10,000—the debts of the firm that are due at the time of his withdrawal. In the given scenario, Joshua and Hubert most likely _____.
A. have a general partnership B. own an S corporation C. own a statutory close corporation D. have a limited liability partnership
________ is the degree to which a measure is free from random error.
A. Utility B. Validity C. Generalizability D. Correlation E. Reliability