If a statute establishing a reasonable person standard of conduct is found to be applicable to a fact situation, then the courts will hold that an unexcused violation of that statute which causes an injury to another is:

A) strict liability.
B) res ipsa loquitur.
C) negligence per se.
D) assumption of the risk.


C

Business

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Which of the following accounting cycle steps comes before the others?

a. Adjusting entries are entered and posted. b. The financial statements are prepared. c. Closing entries are recorded and posted. d. Source documents are analyzed.

Business

Dividends paid to stockholders is tax deductible

Indicate whether the statement is true or false

Business

Forward looking statements, which involved SEC filings, press releases, and reports to shareholders, preserve the protections of the Private Securities Litigation Reform Act of 1995

Indicate whether the statement is true or false

Business

The Organisation for Economic Co-operation and Development's requirement that personal data collected should be accurate, complete, current, and relevant to the purpose for which it is used is based on the principle of

a. individual participation b. data quality c. collection limitation d. purpose specification

Business