Which of the following is TRUE of a contingent liability?
A) It is a potential liability that depends on a future event.
B) It is an actual liability that is difficult to estimate.
C) It is an actual liability that depends on a past event.
D) It is a liability resulting from a lawsuit settled in court.
A) It is a potential liability that depends on a future event.
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Sam was recently promoted to the production manager of a busy shoe factory. He was chosen because prior to his promotion he had proven himself to be very efficient, and as a department manager he had a logical and practical approach to solving problems. Sam has a reputation for being decisive and getting things done. Most of the factory's employees like Sam, but they feel his style is autocratic, because he likes to do things by the book. Sam has a(n) ______ style
A. directive B. conceptual C. ambiguous D. behavioral E. analytical
StoryBoard Creatives approached Logos Studios with a script for a movie. Logos Studios liked the script, and bought the rights for the script from StoryBoard
Subsequently, Mr. Simpson, a former employee of StoryBoard claimed that he had the copyright to that script. Mr. Simpson proved his copyright in court. He then notified Logos Studios that they could not start production on the script without his permission, and adequate payment of fees. Logos Studios then rescinded the contract with StoryBoard based on the breach of ________. A) warranty of no security interests B) warranty against infringements C) warranty of no interference D) warranty of good title
Which of the following is not a factor used to determine whether an agent is an employee or an independent contractor?
A) Whether the employer or the employee/independent contractor designates the person and the tasks to be accomplished B) Whether the principal is or is not in business C) Whether payment is by the job or by the time worked D) Whether the work is part of the regular business of the principal
At the ____ the accused is informed of the charge and the accused enters a plea
A) preliminary hearing B) arraignment C) indictment D) information