A medium-sized hardware manufacturer wants to become deeply involved in exporting, but it does not yet wish to actually manufacture any of its products overseas. The company wants to maintain control over its sales while gaining experience in foreign markets. Which option would be best for this company?
A. Licensing its products for sale in foreign countries
B. Selling its products outright to an export/import merchant
C. Establishing its own sales offices in foreign countries
D. Developing totally owned facilities in a foreign market
E. Hiring an export/import agent to assist with foreign sales
Answer: C
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A) payroll expense. B) contra account. C) current asset. D) current liability.
Udall issued a $400 check to Jackson. Udall's bank refused to pay the check when Jackson presented it, even though there were sufficient funds in Udall's account. Can Jackson sue the bank for damages for the wrongful dishonor of the check?
Kevin is a single person who earns $70,000 in salary for 2018 and has other income from a variety of investments, as follows:Bank savings account interest$5,500Interest from State of Missouri Bonds3,500Dividends from XYZ Corp.7,000Kevin received tax refunds when he filed his 2017 tax returns in April 2018. His federal refund was $600 and his state refund was $300. Kevin included his state taxes paid in 2017 in his $13,000 of itemized deduction on his 2017 return. Due to changes in circumstances, Kevin is not itemizing deductions on his 2018 return. Compute Kevin's taxable income for 2018.
What will be an ideal response?
There is no strict liability for toxic waste, only due diligence
Indicate whether the statement is true or false