Legal feasibility identifies conflicts between the proposed system and the company's ability to discharge its legal responsibilities
Indicate whether the statement is true or false
T
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Logistics refers to managerial functions associated with the movement of raw materials and work in progress, but not finished goods.
Answer the following statement true (T) or false (F)
[The following information applies to the questions displayed below.] The following pre-closing accounts and balances were drawn from the records of Carolina Company on December 31, Year 1: Cash$4,000 Accounts receivable$3,400 Dividends 2,000 Common stock 3,900 Land 3,200 Revenue 3,200 Accounts payable 1,800 Expense 2,200 Retained earnings 5,900 What is the amount of total assets that will be reported on the balance sheet as of December 31, Year 1?
A. $12,600 B. $13,800 C. $10,600 D. $7,200
Which of the following is NOT a rationale of strict product liability?
a. Manufacturers should not escape liability simply because they typically do not sign a formal contract with the end-user. b. The law should protect consumers against unsafe products. c. Manufacturers should not escape liability simply because they acted negligently as opposed to intentionally. d. Manufacturers and sellers of products are in the best position to bear the costs of injuries caused by their products.
A quorum will consist of a majority of shares entitled to vote if there are no provisions for any other number in the articles of incorporation
Indicate whether the statement is true or false