If a person breaches a duty of care and another person suffers an injury, the breach must have caused the harm for liability to result.
Answer the following statement true (T) or false (F)
True
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Bonds Payable has a balance of $1,000,000 and Discount on Bonds Payable has a balance of $15,000. If the issuing corporation redeems the bonds at 97.5, what is the amount of gain or loss on redemption?
A) $10,000 loss B) $25,000 loss C) $25,000 gain D) $10,000 gain
With respect to processing efficiency, the less code that has to be processed, the faster the program runs.
Answer the following statement true (T) or false (F)
A paralegal works for a toy manufacturer and there was a product recall. That recall likely came from:
A) Consumer Product Safety Commission. B) Landrum-Griffin Act. C) Occupational Safety and Health Board. D) Food and Drug Administration.
An advantage of Internet-based technologies is they
A. use the rule-of-thumb budgeting method. B. can be directed to a specific consumer. C. are used almost exclusively for B2B marketing. D. reach a larger audience. E. involve face-to-face contact.