A personal injury client fell while shopping for groceries, slipping and falling on a puddle of water and ice. The fact that the client was wearing her corrective lenses, glasses, when the accident happened is:
A) a material fact.
B) an immaterial fact.
C) an immaterial opinion.
D) a material opinion.
A
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A nonprofit corporation must establish a board of directors or trustees to oversee its operations.
Answer the following statement true (T) or false (F)
The following information relates to the Tykex Company for 2014: Net income, $50,000 Common stock, shares outstanding on January 1 . 30,000 June 30, 2014, issued 2,000 shares of 8% cumulative convertible preferred stock, $100 par value, each share convertible into 1 . shares of common stock. September 30, 2014, issued a 40% stock dividend. What is diluted earnings per share?
a. $1.00 b. $0.89 c. $0.81 d. $0.76
Michael wanted to try out his new hand gun. He set up a target in his back yard for firing practice. Stella's house, which is located on the lot directly behind Michael's property, happened to be directly in the line of fire. Michael's first shot missed the target and the bullet crashed through Stella's kitchen window, striking and seriously injuring her. Which of the following legal theories would be best for Stella's attorney to use in a lawsuit against Michael?
A. doctrine of unintentional tort B. doctrine of proximate cause C. res ipsa loquitur D. gross negligence
Provide specific examples of why accurate product or service costing information is important for internal purposes