To recover for strict liability, the injured party need not show that a product was defective
Indicate whether the statement is true or false
FALSE
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In discussing book value of common stock, which statement below is not correct?
A. Book value is also referred to as total equity of the firm. B. Book value per share is computed by dividing common equity by the number of common shares outstanding. C. The terms "issued" and "outstanding" are synonymous when discussing the number of common shares. D. If any preferred stock were outstanding, its carrying amount would be deducted from the total equity to obtain the common equity.
Any attempt by a bailee to be relieved of liability for intentional wrongful acts is consistent with public policy and will be enforced.
Answer the following statement true (T) or false (F)
Profit is the difference between
A) assets and liabilities B) the incoming cash and outgoing cash C) the assets purchased with cash contributed by the owner and the cash spent to operate the business D) the assets received for goods and services and the amounts used to provide the goods and services
Jennifer has been the top sales person in her department for years. It seems that every other month she wins the department’s award for reaching sales goals. The department recently installed a new software program for entering sales. Jennifer has not taken time to learn the new system, preferring to spend her time on the phone making sales. Last month, the department manager decided that only sales entered into the new software would count toward the monthly award. Jennifer did not win an award this month. What Jennifer experienced was _________.
A. positive reinforcement B. extinction C. punishment D. negative reinforcement E. alternative reinforcement