In a suit against Sandy, Tippy obtains damages. In the U.S. legal system, this remedy at law is
A. equitable.
B. normal.
C. unlikely.
D. unusual.
Answer: B
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The amount of depreciation expense for a fixed asset costing $95,000, with an estimated residual value of $5,000 and a useful life of 5 years or 20,000 operating hours, is $21,375 by the units-of-production method during a period when the asset was used for 4,500 hours
Indicate whether the statement is true or false
A person bringing a lawsuit for negligence must prove, among other things, that
a. a person's act or failure to act was the proximate cause of the victim's loss. b. the negligent act was deliberate. c. the victim was a public official. d. the crime of assault also occurred.
Which of the following is not an example of a speculative risk?
A) Purchase of an insurance policy B) Investment in common stocks C) Operating a business for profit D) Investment in banana futures
Which of the following is true of e-commerce?
A. It is synonymous with "brick-and-mortar" stores. B. It cannot be used as a business-to-business medium. C. It is a direct sales strategy. D. It is a primary component of C2C marketing. E. It is typically considered an ancillary sales medium.