Which of the following liabilities is NOT contingent?
a. A liability to replace a specific defective television set already returned to the manufacturer
b. A liability to pay pension benefits if a specific employee lives to retirement
c. A liability to pay any adverse judgment for a product liability case currently on appeal
d. A liability to pay for books received by a college bookstore under terms that allow for the return for full refund of any books not sold
A
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What happens if a nation has allowed a case against it to be brought before the ICJ (International Court of Justice) and then refuses to accept a judgment against it?
A) American Arbitration Association can be sought for justice. B) UN Conference on International Trade Law can be approached. C) International Chamber of Commerce will be another source for seeking justice. D) European Court of Justice can be approached if the country is in the European Union. E) The plaintiff nation can seek recourse through the UN Security Council.
When a follower is not getting appropriately challenged, and may even be getting bored and frustrated, the most appropriate leadership style is most likely ______.
a. directive b. supportive c. participative d. achievement-oriented
Under which of the following circumstances is the installment sales method appropriate for the recognition of revenue in the income statement?
a. For any sales where collection is spread over a reasonable long period of time. b. In any situation where management wishes to delay the recognition of revenue in order to smooth its income. c. For sales where collection is spread over a reasonable long period of time and significant doubt exists about the ultimate collection of the receivables. d. For sales where collection is spread over a reasonable long period of time and no significant doubt exists concerning ultimate collection of the receivables.
According to Professor Amabile, an increase in knowledge leads to higher levels of
a. Originality b. Creativity c. Inventiveness d. Vision