What is the rationale for having a special limit of liability on for example a stamp collection?

A) There is no limit on the liability for a stamp collection.
B) To prevent moral hazard
C) It is difficult to determine the amount of loss.
D) Both B and C


C

Business

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What is the marketing return on sales (marketing ROS) for a product line that generates $40 million in sales revenues with a net marketing contribution of $32 million?

A) 75% B) 80% C) 100% D) 125% E) 150%

Business

Black Hills Manufacturing has two processing departments, Department I and Department II. During the year, direct materials worth $38,000 purchased on account were assigned to Department I. At the end of the year, when the production cost report for Department I was prepared, Black Hills assigned $40,000 to the units transferred from Department I to Department II. The journal entry to record the transfer of units to Department II will ________.

A) debit Work-in-Process Inventory—Department II for $38,000 and credit Work-in-Process Inventory—Department I for $38,000 B) debit Work-in-Process Inventory—Department I for $40,000 and credit Work-in-Process Inventory—Department II for $40,000 C) debit Work-in-Process Inventory—Department I for $38,000 and credit Work-in-Process Inventory—Department II for $38,000 D) debit Work-in-Process Inventory—Department II for $40,000 and credit Work-in-Process Inventory—Department I for $40,000

Business

Describe some of the stereotypes that exist about unions in the U.S. Explain how the various elements of popular culture reinforce these stereotypes.

What will be an ideal response?

Business

Which meta-search engine is known for its ability to process natural language in place of Boolean search terms?

a. Wolfram-Alpha b. WebCrawler c. Pandia d. Dogpile

Business