Jim was a mechanic. One day when he attempted to weld a car's gasoline tank, it exploded and he was hurt. He filed to collect workers' compensation. His employer resisted on grounds that Jim had been negligent and had also violated the express regulations of the company when he attempted to weld a gasoline tank. Which statement is correct?

a. Jim cannot recover if it is shown that his negligent conduct caused the explosion.
b. Jim cannot recover if it is shown that he violated the express regulations of his employer.
c. Workers' compensation doesn't apply in situations like this.
d. Jim can recover even if he was negligent and violated the employer's rules.


d

Business

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If a creditor owns a debt that is provable and nondischargeable, he or she ________.

A. may participate in the distribution of the debtor's estate B. must not enter into any voluntary agreement with the debtor for discharge of the debt C. needs court approval for reaffirmation of loans D. can recover only the money provided by the bankrupt's discharge

Business

The following information is available for the year ended December 31:     Beginning raw materials inventory$21,500 Raw materials purchases 74,000 Ending raw materials inventory 23,000 Office supplies expense 2,400  The amount of raw materials used in production for the year is:

A. $76,400. B. $95,500. C. $74,900. D. $72,500. E. $70,100.

Business

A company that promotes carpooling among its employees, has cut its printer-paper usage in half, and has installed solar panels on its roof is an example of a corporate social responsibility action to

A. enhance workplace amenities and employee well-being. B. support philanthropy and participate in community service. C. promote workforce diversity. D. ensure the company operates honorably and ethically. E. protect and sustain the environment.

Business

The balance sheet is a snapshot of the entity. Which of the following is included on the balance sheet?

A) Revenues B) Expenses C) Assets D) Dividends

Business