The liability concept that restricts liability to each defendant’s share of the damages based upon the judge or jury’s assessment of their share of the damages is called:
a. proportionate liability.
b. compensatory liability.
c. joint and several liability.
d. disproportionate liability.
ANSWER: A
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What does a downward-sloping yield curve imply, according to the expectations theory of the term structure of interest rates?
A. Investors expect long-term interest rates to rise in the future. B. Investors expect future short-term interest rates to be lower than the current short-term interest rate. C. Investors expect future short-term interest rates to be the same as the current short-term interest rate. D. Investors expect future short-term interest rates to be higher than the current short-term interest rate.
Which of the following statements is correct?
Wyoming Company uses the indirect method to prepare its statement of cash flows. Refer to the following portion of the comparative balance sheet:
Note:
1. There was no retirement of stock during the year.
2. There were no sales of treasury stock during the year.
A) There was zero net cash flow from transactions involving Common Stock.
B) There was a negative cash flow of $5600 from the issuance of Common Stock.
C) There was a positive cash flow of $5600 from the issuance of Common Stock.
D) There was positive cash flow of $18,000 from issuance of Common Stock.
Which conflict-handling style is selected because a group member has a strong desire to be accepted by other members?
a. compromising b. avoiding c. obliging d. integrating
Which of these questions is important to consider as you enter a negotiation?
A) What if I lose? B) How much power do I have? C) How much money do I have? D) Am I smarter than my opponent?