The tort of negligence can be referred to as:
A) an unintentional tort.
B) an intentional tort.
C) a strict liability tort.
D) an intentional liability tort.
A
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Wilmeth Transport Services reports total revenues of $45,800 and total expenses of $57,890 . When closing the Income Summary account, the accountant would
a. credit Income Summary, $12,090. b. debit Income Summary, $12,090. c. debit T. Wilmeth, Capital, $103,690. d. credit T. Wilmeth, Capital, $12,090.
A disadvantage of _____ software applications is that they are less likely to be compatible with other organizations' systems.
A. licensed B. open-source C. purchased D. custom-designed
For a particular firm, depending on tax rates, flotation costs, and the attitude of investors, the cost of new common equity, re, can be less than, equal to, or greater than its before-tax cost of debt, rd.
Answer the following statement true (T) or false (F)
A legally astute manager understands that legal analysis is often ambiguous
a. True b. False Indicate whether the statement is true or false