One example of the law working to effect social change in the U.S. that is discussed in the text is in the area of:
a. commercial paper
b. negotiable instruments c. easements
d. land titles
e. none of the other choices
e
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What should be an employee’s first-used (or available) resource for dealing with an ethical problem?
a. his or her direct manager b. the employee involved c. the HR department d. an anonymous hotline/helpline
Main Street Restaurant incurred salaries expense of $60,000 for 2016
The payroll expense includes employer FICA tax, in addition to state unemployment tax and federal unemployment tax. Of the total salaries, $17,000 is subject to unemployment tax. Also, the company provides the following benefits for employees: health insurance (cost to the company, $2,500 ), life insurance (cost to the company, $700 ), and retirement benefits (cost to the company, 10% of salaries expense). Journalize Main Street's expenses for employee benefits and for payroll taxes. Explanations are not required. What will be an ideal response
Which of the following is NOT true regarding the plea of nolo contendere?
a. It means that the defendant contests the charges. b. For the purposes of criminal proceedings, it is equivalent to a guilty plea. c. It cannot be introduced at a subsequent civil trial. d. It may be used by corporate defendants who anticipate civil suits based on the same activity for which they face criminal charges.
Empirical evidence suggests that retail firms such as Safeway have a shorter working capital gap than a heavy manufacturing firm such as Boeing
Indicate whether the statement is true or false