What is a tort and how it is applicable in employer-employee relationships?
The word tort means a civil wrong not based upon a preexisting contractual relationship. By and large, tort law is the law of personal injury. Its application to employer-employee relationship is affected by workers' compensation insurance, which immunizes the employer from some tort liabilities.
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Consider a coupon bond that pays $150 every year and repays its principal amount of $1,500 at the end of five years. If the annual rate of discount is 7 percent, the present value of the bond is approximately
A. $214.29. B. $808.39. C. $1,684.50. D. $1,742.52.
A gain on bond redemption
a. is considered unusual and infrequent. b. should be treated as part of operating income. c. decreases a company's income. d. is always included when predicting a company's future income.
________ is an affirmative defense claiming that the idea for the crime did not originate with the defendant but was put into the defendant's mind by a police officer or other government official
A) Duress B) Insanity C) Entrapment D) Mistake-of-fact
________ are commonly defined as purposive linkages between organizations that cover collaborations involving an exchange, a co-development or a sharing relationship.
a. Strategic alliances b. Networks c. Joint ventures d. Licensing agreements