The presence of overhead wires that are part of the transmission system of utilities has created questions about the safety of the presence of the resulting electromagnetic field. Several homeowners have filed suit seeking an injunction against the utility to have the overhead wires removed. Which of the following statements is correct?
A) If the wires present a safety danger, they are a public nuisance and should be enjoined.
B) If the wires were there before the homes were built, then the wires must remain.
C) If the wires do not affect the full community, they cannot be enjoined as a public nuisance.
D) The court must balance the need for the wires with the safety interests of the homeowners.
D
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In the private judging method of dispute resolution, ________.
A. executives of the disputing companies, who have settlement authority, hear a shortened presentation of the case by the lawyers for each side B. a six-member mock jury empaneled by the court hears a shortened presentation of the case by the lawyers for each side C. a hired judge renders a binding opinion after hearing the evidence and arguments of the parties D. executives of the disputing companies meet with lawyers for each side to negotiate a settlement
Which of the following occurs when an employee demands a payment from a vendor in order to make a decision in that vendor's favor?
a. Bribery b. Larceny c. Economic extortion d. Illegal gratuity
Which of the following is true of a branch office of a multinational corporation?
A) Branch offices cannot be setup in foreign countries. B) Branch offices are considered separate legal entities. C) There is no liability shield between the corporation and the branch office. D) The corporation is not liable for the torts committed by personnel of the branch office.
A company reports in its financial statements that it uses the FIFO method of inventory costing. This is an example of the disclosure principle
Indicate whether the statement is true or false