The case that led in adopting a general rule imposing strict liability in tort was:
a. Morriss v. Akers
b. Greenman v. Yuba Power
c. MacPherson v. Buick Motor Company
d. MDM Group Associates v. CX Reinsurance Company
e. Johnson v. Chevrolet
b
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Describe the lags in the policymaking process and how they might lead to instability.
What will be an ideal response?
The manager with a ____________ is open to other cultures, and is eager to approach issues from multiple perspectives.
Fill in the blank(s) with the appropriate word(s).
Which of the following accounting conventions would an accountant most likely apply when facing major uncertainties?
a. Full disclosure b. Conservatism c. Materiality d. Consistency
A consulting manager at SAP America has a very wide span of control. This is probably because the
A. firm has a very loose, informal organizational structure. B. consulting manager has a low level of accountability. C. consulting manager is expected to delegate authority. D. manager's subordinates aren't given much responsibility. E. manager and his or her subordinates are very competent.