With respect to horizontal privity, the strict liability in tort of manufacturers and other sellers extends to only buyers, users, and consumers, but not to injured bystanders

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


False

Business

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In a firm with proper segregation of duties, adequate supervision is most critical in

a. purchasing b. receiving c. accounts payable d. general ledger

Business

Which social entrepreneur helped improve the transport of farmers’ goods to markets in Ghana?

A. Bill Gates B. Richard Seshie C. Gerald Chertavian D. Diana Propper de Callejon

Business

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

1. Chi-squared tests are always non-directional. 2. Counts occurring at all possible combinations of two variables can be expressed using a contingency table. 3. The following is a valid null hypothesis: There is a difference between observed and expected frequencies of gum preference. 4. The following is a valid alternative hypothesis: : Gum preference is not independent of gender. 5. All chi-squared distributions are similar to the normal distribution.

Business

Nash Company acquired Seel Corporation through an exchange of common shares. All of Seel's assets and liabilities were immediately transferred to Nash. Nash's common stock was trading at $25 per share at the time of the exchange. The total par value of Nash's stock outstanding before and after the acquisition was $750,000 and $840,000, respectively. Nash's additional paid-in capital before and after the acquisition were $200,000 and $560,000, respectively.Based on the preceding information, what is the par value of Nash's common stock?

A. $18 B. $5 C. $6 D. $1

Business