The Third Restatement of Torts has abandoned the doctrine of implied voluntary assumption of risk in tort actions
Indicate whether the statement is true or false
True
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On January 1, Year 1 Cleaver Company borrowed $85,000 cash by signing a 7% installment note that is to be repaid with 4 annual year-end payments of $25,094, the first of which is due on December 31, Year 1.(a) Prepare the company's journal entry to record the note's issuance.(b) Prepare the journal entries to record the first installment payment.
What will be an ideal response?
On a trial balance, debits and credits may, under special circumstances, have different totals and the trial balance will still be correct
Indicate whether the statement is true or false
Merlin is a drug addict who has completed a supervised drug-rehabilitation program. Nabil used drugs casually in the past. Both work for Omni Insurance & Investments Inc Considered to have a disability under the Americans with Disabilities Act of 1990
a. are Merlin and Nabil. b. is Merlin only. c. is Nabil only. d. none of the choices.
College EntertainersMost colleges and universities have a campus activity board that brings entertainers and special events to campuses. To locate and hire these entertainers, many campuses send their student activity board members to one of the seven regional or the national NACA (National Association of Campus Activities) conventions. More than 100 entertainers, talent agencies, and companies that provide promotional services exhibit their products at these conventions in an area similar to a trade show. (Conference attendees call this the Marketplace.) Approximately 20 entertainers are selected to present a short program (called a showcase) in which they demonstrate what they would do if hired to perform on campus. Many other entertainers have videos and CDs, which they hand out to
student attendees. Only one or two members of any student group can actually set up a contractual agreement with an entertainer or his or her agency. Other student attendees provide input as to which entertainers best match the demographics of their institutions.Refer to College Entertainers. The entertainers' showcases are examples of: A. sampling B. event sponsorships C. frequency programs D. reminder advertising E. product placement