The manufacturer of goods is liable in tort to users for foreseeable harms caused by defects in the goods. This is:
a. negligence in tort b. caveat emptor
c. proximate cause d. strict liability
e. none of the other choices
a
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People are often denied credit based on the decisions made by machines.
Answer the following statement true (T) or false (F)
Which of the following is one of the integrity standards of management accountants?
A) Refraining from accepting hospitality gifts from coworkers B) Refraining from activities that the company does not actively endorse C) Avoiding actual or apparent conflicts of interest D) Avoiding only those conflicts of interest that occur between coworkers
Which of the following would be classified as a natural resource?
A. Patent on an oil extraction process. B. Diamond mine. C. Goodwill. D. Land held as an investment. E. Land improvements.
If an individual had one share of 5 percent $50 par value cumulative preferred stock and did not pay dividends one year the individual would be entitled to how much the second year?
a. $2.50 b. $5 c. $10 d. $50 e. $6.25