In strict liability, if a company sells a beverage in a can that has sharp edges and injures several consumers, it will be held liable even if it didn't know about the problem.

a. True

b. False

Imagine yourself as a business owner just before an economic event such as a recession or depression. What impact would a sudden lack of income have on the price of the goods you sell?

What collateral secures a mortgage?

Which of the following terms refers to a cloud computing feature that allows for automatic allocation of computing resources in proportion with the demand? a. Rapid elasticityb. Measured servicec. On-demand self-serviced. Resource pooling

A traditional loan has a variable interest rate. a. True b. False

Pirate Swimwear, Inc., has launched a new line of technically-advanced swimsuits. These swimsuits are coated with a water repellent that the company invested in designing that allows the suit itself to glide through the water as opposed to adding

What is the remaining balance on a 30-year, $400,000 mortgage after 70 months? Assume monthly payments and a nominal rate (monthly compounding) of 5.90%.

Which government behavior is not involved in consumer-protection regulations?

Data for an economy shows that the unemployment rate is 10%, the participation rate 80 percent, and 200 million people 16 years or older are not in the labor force. how many people are in the working-age population in this economy?

Normally, grant money is treated as gift aid that does not need to be paid back. Which of the following events would require a student to pay back the amount received as grant?

PA1. LO 2.1Ballentine Manufacturing produces and sells lawnmowers through a national dealership network.