Furious Toyz Corporation makes skateboards, which it sells to consumers, including Gitana. Gitana is injured due to a defect in the board that causes an accident in which Haley, a bystander, is also injured. In a product liability suit based on strict product liability, Furious Toyz may be liable to

a. Gitana and Haley.
b. Gitana only.
c. Haley only.
d. no one.


a

Business

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A journal with Debit and Credit columns for Cash, as well as General Debit and General Credit columns, is called a general journal

a. True b. False Indicate whether the statement is true or false

Business

Easton Co. deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of business on June 30, its Cash account shows a debit balance of $72,209. Easton's June bank statement shows $67,949 on deposit in the bank. Determine the adjusted cash balance using the following information:  Deposit in transit$7400?Outstanding checks$3125?Check printing fee, not yet recorded by company$39?Interest earned on account, not yet recorded by the company$54? The adjusted cash balance should be:

A. $72,224 B. $64,824 C. $72,263 D. $75,349 E. $72,170

Business

Orientation programs stress the "why" rather than the "what," including the philosophy behind the organization's rules.

Answer the following statement true (T) or false (F)

Business

An offeree who makes a counteroffer becomes the offeror

Indicate whether the statement is true or false

Business