The manufacturer of goods is liable in tort to users for foreseeable harms caused by defects in the goods. This is:
a. express warranty b. caveat emptor
c. proximate cause
d. fraud-based liability
e. none of the other choices
e
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Which of the following terms best represents the communication channel that a company uses to move its advertising messages from sender to receiver?
A) decoder B) media C) encoder D) communicator E) feedback loop
Erick's Transition ? Erick is currently a manager of a small financial planning firm. He is seeking a new career with a large corporation in the banking industry. He recently applied for the financial manager opening at G & T Bank. He is concerned that the transition from his small firm to a large corporation will be difficult. To better prepare himself for this change, he has decided to enroll in a few business classes to strengthen his understanding of corporate finance. The business classes have proven to be a valuable tool for learning the critical skills needed to fully understand a financial plan, equity financing, and debt financing. Erick now believes he has strengthened his competitive advantage in his quest for the job. Refer to Erick's Transition. Erick's business classes
taught him that the financial manager should do which of the following? A. Determine the best way to raise money. B. Ensure the business success of the company. C. Ensure that projected uses are in keeping with the organization's goals. D. Both A and B. E. Both A and C.
If oat futures are trading at $2.43 and the limit is 20 cents, the range will be $2.23 to $2.63
Indicate whether the statement is true or false.
Manni Products, Inc., has a Pump Division that manufactures and sells a number of products, including a standard pump. Data concerning that pump appear below:?Capacity in units68,000?Selling price to outside customers$68?Variable cost per unit$38?Fixed cost per unit (based on capacity)$23The company has a Pool Products Division that needs 7,000 special heavy-duty pumps per year. The Pump Division's variable cost to manufacture and ship this special pump would be $43 per unit. Making these special pumps would require more manufacturing resources. Therefore, the Pump Division would have to reduce its production and sales of regular pumps to outside customers from 68,000 units per year to 56,100 units per year.Required:As far as the Pump Division is concerned, what is the lowest
acceptable transfer price for the special pumps? What will be an ideal response?