A seller must warn those who purchase its product of the harm that can result from the foreseeable misuse of the product.

a. True

b. False

Today most state corporate statutes are at least partially based on the. A corporation is an artificial being, existing only in law and neither tangible nor visible. Owners of corporations may be natural persons or other businesses.

Dalton Quilting Company makes blankets that it markets through a variety of department stores. It makes the blankets in batches of 1,000 units. Dalton made 20,000 blankets during the prior accounting period.

Which feature of a bond contract allows the issuer to redeem bonds under specified terms prior to maturity?

This theory views shocks to tastes (workers' willingness to work, for example) and technology (productivity) as the major driving forces behind short-run fluctuations in the business cycle because these shocks lead to substantial short-run

Why do you think people might be more willing to pay Determine 50 percent more for a product that increases in price from 50 cents to 75 cents than a product that increases from $5.00 to $7.50, also an increase of 50 percent?

The transactions completed by Franklin Company during January, its first month of operations, are listed below. Assume that Franklin Company uses the following journals: cash receipts (CR), cash payments (CP.

A Company's perpetual preferred stock sells for $102.50 per share, and pays a $9.50 annual dividend. If the company were to issue a new preferred issue, a flotation cost of 4.00% would be paid to the investment bankers.

Abigail spent $100 on a new edition of the personal finance textbook rather than $75 for a used copy. the additional cost for the new copy is called the

What can be measured by the level of real gdp per person?

Three people have identical rights but unequal shares in a property, share an indivisible interest, and may sell or transfer their interest without consent of the others. What type of ownership is this?