Agents and employees of Apples Corporation and Oranges Corporation are convicted of conspiring to violate a federal law that is punishable by a term of imprisonment and a fine. Can the corporations be held liable for these crimes? If so, how can they be punished?
What will be an ideal response?
Yes, the corporations can be held liable for the crimes of their agents and employees. As for punishment, the corporations cannot be imprisoned, but they can be fined. Under certain circumstances, corporate directors and officers may also be imprisoned for the criminal acts of agents and employees under their direct supervision.
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Which of the following is NOT considered to be one of the six greenhouse gases?
a. carbon dioxide b. hydrogen peroxide c. nitrous oxide d. methane
A product is currently made in a process-focused shop, where fixed costs are $8,000 per year and variable cost is $40 per unit. The firm currently sells 200 units of the product at $200 per unit
A manager is considering a repetitive focus to lower costs (and lower prices, thus raising demand). The costs of this proposed shop are fixed costs = $24,000 per year and variable costs = $10 per unit. If a price of $80 will allow 400 units to be sold, what profit (or loss) can this proposed new process expect? Do you anticipate that the manager will want to change the process? Explain.
Which one of the following statements concerning homeowners' insurance is false?
A) Your property away from home is generally not covered under your homeowners' policy. B) There are generally policy limits on specific contents like silverware and jewelry. C) Homeowners' insurance generally covers additional living expenses if your home is uninhabitable due to a covered loss. D) Increasing your deductible is generally a beneficial method for reducing your insurance premiums.
Claims paid under the PAP's "Collision Coverage" are usually considered to be the insured's fault
Indicate whether the statement is true or false