In hybrid transactions that involve both services and products, the dominant element of the transaction dictates whether strict liability applies
Indicate whether the statement is true or false
TRUE
You might also like to view...
What information should be provided in a written rationale for a media strategy?
What will be an ideal response?
Which of the following statements regarding income tax commercial domicile is incorrect?
A. The location where a business is headquartered. B. The location from which a business directs its operations. C. The location where a business is incorporated. D. None of the choices are correct.
The standard multiple regression assumption states that the error terms have the same variance. This is known as homoscedasticity
Indicate whether the statement is true or false
Which of the following could explain why accounting is more conservative in some countries than in others?
A. Published financial statements are the basis for taxation. B. Full disclosure in financial statements is emphasized. C. Accounting is oriented toward stockholders as a major source of financing. D. A common law legal system is used.