Which of the following accounts is decreased with a credit?

A. Unearned Revenue
B. Service Revenue
C. Accounts Payable
D. Prepaid Insurance


Answer: D

Business

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Which of the following is an example of a skillful feeling message?

A) You always try to make me feel guilty. B) I'm worried about meeting the deadline for our report. C) I'm worried about your attendance. Why do you always have to be late? D) I feel the Packers will win on Sunday.

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The rules governing firm offers apply to all merchants

Indicate whether the statement is true or false

Business

Which statement about bailment is false?

a. valet parking is usually a bailment. b. self parking is usually not a bailment. c. a bailment contract must be an expressed contract. d. a bailment must involve personal property.

Business

Andrew noticed Michael and his pregnant wife Georgette walking down the street and, as a joke, drove his car within inches of Michael. Michael wasn't injured, but his wife suffered severe mental distress and needed to be hospitalized in order to save the pregnancy. Andrew has:

A) no liability to Georgette, because he has not committed a tort against her. B) committed the tort of battery against Georgette. C) committed the tort of battery against Michael but has committed no tort against Georgette. D) committed the tort of intentional infliction of emotional distress against Georgette.

Business