Under the Documents of Title Article of the UCC, which of the following acts may limit a common carrier's liability for damages to the goods in transit?
a. Vandalism
b. Power outage
c. Willful acts of third person
d. Providing for a contractual dollar liability limitation
.D
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Ironically, Motorola, a key player in the cell phone business, could have been first to market with a cell phone camera
Indicate whether the statement is true or false
Who has the primary responsibility for establishing and maintaining good internal controls?
a. Primary responsibility for controls belongs to internal auditors. They are the ones who create the controls and investigate potential violations of the controls. b. Primary responsibility rests with management. Management both conveys acceptable culture and has the final say in how fraud cases are treated. c. Primary responsibility lies with employees. They are the ones most likely to fully understand the system on a day-to-day basis and know where controls should be put in place. d. Primary responsibility is not attributable to one person or group of people within an organization. Each member of an organization must consider himself or herself personally responsible for the organization's control environment.
Global Commerce Corporation purchased trading debt investments for $49,000 on December 31, 2018. There is a decrease of $3800 in the fair value of the trading debt investments by the end of the year 2019. Which of the following is the correct journal entry?
International marketing typically requires less segmenting than domestic markets.
Answer the following statement true (T) or false (F)