Which of the following members of the chain of distribution cannot be strictly liable in a products lawsuit?
a. The manufacturer
b. The wholesaler
c. The retailer
d. The occasional seller
d
You might also like to view...
The Securities and Exchange Commission (SEC) is concerned with
a. Companies that issue securities to the general public. b. All companies in the US regardless of size. c. Accounting reports issued by government entities. d. All domestic and international companies that issue accounting reports.
Suppose the economy is thought to be 5 percent below potential (i.e., the output gap is ?5 percent), when potential output grows 3 percent per year. Suppose the Fed is following the Taylor rule, with an inflation rate of 6 percent over the past year. The equilibrium real fed funds rate is 3 percent and the weights on the output gap and inflation gap are 0.5 each. The inflation target is 1 percent. What should the federal funds rate be?
A. 4 percent B. 6 percent C. 8 percent D. 9 percent
Answer the following statements true (T) or false (F)
1. If the amount of the petty cash fund is decreased, the Petty Cash Fund account should be credited. 2. Atlas Service Company decides to increase the amount of the petty cash fund from $350 to $800. A journal entry must be made to debit the Cash account and credit the Petty Cash account for $450. 3. The only time the Petty Cash account is used in a journal entry is when the account is established, increased, or decreased. 4. For each petty cash payment, the custodian prepares a petty cash ticket.
What percentage of the population use a mobile device to research products online before purchasing?
A. about 25% B. about 33% C. about 50% D. about 75%