A defendant who is only slightly liable may be required to pay the full amount of damages under which of the following?

A) the joint and several liability rule
B) the collateral source rule
C) arbitration
D) res ipsa loquitor


Answer: A

Business

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Race norming refers to establishing different norms for hiring members of different racial groups.

Answer the following statement true (T) or false (F)

Business

You are considering the following bonds to include in your portfolio:



a) Determine the highest price you would be willing to pay for each of these bonds using the PV function. Also find whether the bond is undervalued, overvalued, or fairly valued.
b) Determine the yield to maturity on these bonds using the Rate function assuming that you purchase them at the given price. Also calculate the current yield of each bond.
c) Determine the yield to call of each bond using the Rate function if the time to first call and the call premium are the following:

d) Assume the following settlement dates for each bond:

Use the Price and Yield functions to recalculate your answers on parts (a), (b), and (c).
e) Determine the duration, the modified duration, and the convexity of each bond.

Business

Pro Incorporated operates five days per week with a daily payroll of $5,000. Employees are paid every Saturday for the workweek just completed (Monday through Friday). The last day of the month is Wednesday, October 31. What is the effect of the correct adjustment at October 31?

A) Increases stockholders' equity and wages payable by $15,000 B) Increases wages payable and decreases cash by $10,000 C) Decreases stockholders' equity and increases wages payable by 15,000 D) Increases wages payable and increases wages expense by $25,000

Business

The waste that occurs from any variation in output as a result of poorly planned and designed systems is referred to as ______.

A. muri B. mura C. muda D. kaizen

Business