What type of account is the Cost of Goods Sold account?
A. Liability
B. Expense
C. Contra asset
D. Asset
Answer: B
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An employer may defend against a claim of unintentional discrimination by asserting that a practice that has a discriminatory effect is a business necessity.
Answer the following statement true (T) or false (F)
Which of the following is an argument used to support corporate social responsibility (CSR)?
A. The free market, not companies, should decide what is best for the world. B. CSR can be a profitable undertaking. C. Businesses are not responsible for social or environmental problems. D. Businesses don't have the expertise to make social decisions. E. All of the above are arguments used in support of CSR.
If an instrument is nonnegotiable, the rights of the parties are governed by the general principles of contract law
Indicate whether the statement is true or false
Which of the following is unlikely to be classified an intentional tort:
a. running at a stranger while waving an iron pipe at them b. spreading rumors that someone robbed a bank in the past c. a man grabs a woman he does not know and kisses her despite her protests d. secretly making tapes of your roommate's phone calls e. all of the other choices are likely to be intentional torts