The doctrine of strict liability can make the manufacturer of a dangerously defective product liable, even if there's no proof of negligence

Indicate whether the statement is true or false


True

Business

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Bad Debts Expense is a contra account that is used to reduce accounts receivable to its net realizable value

a. True b. False Indicate whether the statement is true or false

Business

A social media site that allows the audience to post stories, ideas, and other content will make the site _____

A) valuable B) objective C) original D) interactive E) casual

Business

The ______ perspective suggests that a common economic orientation will eventually lead to a common society where differences in ideology will cease to exist.

Fill in the blank(s) with the appropriate word(s).

Business

Norm and Frank have a legal contract that is silent with regard to an assignment of the contract. In order for Norm to assign all or part of his rights under a contract, Frank must grant such permission to Norm

a. True b. False Indicate whether the statement is true or false

Business