In strict liability, if a company sells a beverage in a can that has sharp edges and injures several consumers, it will be held liable even if it didn't know about the problem
Indicate whether the statement is true or false
True
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Bond issue costs
A) should be amortized by the straight-line method to interest expense. B) should be included in bond discount or subtracted from bond premium and amortized by the effective interest method. C) should be subtracted from bonds payable on the balance sheet. D) should not be amortized and should be written off at bond retirement.
______ managers are the individuals who create, manage, and maintain the people and organizational processes that create whatever it is that the business sells.
A. Staff B. Line C. Human resource D. Top
Stare decisis is a common-law principle that is fundamental to the U.S. modern system of justice
Indicate whether the statement is true or false
In U.S. v. LaGrou Distribution Systems, where LaGrou, a cold storage warehouse for commercial food, was charged with unsanitary conditions, the court held that the company:
a. could be fined, but the managers could not, because it was a corporate violation b. could be convicted of a felony but the managers could not, as it was a corporate violation c. could be convicted of a felony as could the managers who ran the operation d. could not be held liable because the inspection was done without a proper warrant e. none of the other choices