Which of the following is true about the doctrine of res ipsa loquitur?
A. It offers protection to those who are injured while making a reasonable attempt to rescue someone endangered by the negligent person's act.
B. It says that an act of negligence and a criminal offense should be treated with the same weight.
C. It puts the burden on the plaintiff to show that the injury was not caused by his or her negligence.
D. It is applicable to cases where the defendant has exclusive control of the thing that caused the injury and is reluctant to disclose facts that prove liability.
Answer: D
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Vent, Inc. reported net income of $770,000 for 2018. Vent sold 15,000 shares of treasury stock acquired in a previous year on July 1 and 15,000 new shares on November 1. At year-end, 180,000 shares were outstanding. Vent had 20,000 shares of $100 par value 7% preferred stock outstanding all year. Vent paid dividends to the preferred shareholders.The basic earnings per share for 2018 is (rounded)
A. $3.50 per share. B. $4.81 per share. C. $3.94 per share. D. $6.10 per share.
Which of the following accounting functions has been accurately described?
A. Accounts payable records help to make timely payments in order to capture prompt pay discounts and to maintain a good credit rating for the business. B. Payroll records track if your business keeps surplus cash invested in securities. C. Investments records help produce accurate billing of customers, and thus help to maintain good customer relations. D. Credit card sales function enables that payroll and employment taxes are kept current.
With reference to global marketing, identify the example that best explains the term "cultural convergence."
A) Teenagers in Tokyo, London, and San Francisco dress and talk similarly and buy the same kinds of products. B) Population growth rates have stabilized and the population over age 65 is increasing. C) Aging populations, falling birth rates, and increased female employment are common in industrialized countries. D) The increasing numbers of women working outside the home has led to more nontraditional meals and increased need for convenience.
VALS FrameworkVALS creates profiles of people based on their primary motivation and resources. In the VALS framework above, D refers to
A. Ideals. B. Survivors. C. Innovators. D. Achievement. E. Self-Expression.