To establish whether or not there is a duty owed to be careful to another, the courts apply:

A) The duty-breach-damage test.
B) The reasonable person test.
C) The concerned parent test
D) The standard of conduct test
E) The reasonable foreseeability test


E

Business

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Omega Corporation uses process costing to calculate the cost of manufacturing pool systems. Beginning work in process included 30,00 . units 60 percent complete. During the month 170,00 . units were completed, 20,00 . units remain in work in process at 80 percent complete. Using the average cost method, the equivalent units are:

a. 170,000 b. 196,000 c. 186,000 d. 190,000

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What causes manufacturing overhead to be underallocated? When manufacturing overhead is underallocated, will the Manufacturing Overhead account have a debit or a credit balance?

What will be an ideal response?

Business

Acceptance of goods is presumed when a buyer or lessee fails to reject the goods within a reasonable time.

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

Business

The distribution of synergistic gains between the stockholders of two merged firms is almost always based strictly on their respective market values before the announcement of the merger.

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

Business