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Lorico [155]
3 years ago
10

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
Business
1 answer:
tiny-mole [99]3 years ago
3 0
False because if it paid someone to make them then the people who made them at least knew about it. but no they are liable whether or not they knew of the problem. this is why things are recalled Is bc they found out about it.
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Internal controls are designed to accomplish five objectives that include compliance with legal​ requirements, promote operation
Ira Lisetskai [31]

Answer:

<u>Ensure accurate reliable accounting records</u>

Explanation:

Internal controls refer to those processes and procedures employed by the management of an entity so as to ensure efficient operations and to keep a check on frauds and compliance with better reporting requirements.

For example, biometric system of recording employee attendance which keeps a check as in who is actually on payroll and elimination of any dummy entries from the records.

The purpose of internal control is to safeguard assets, ensure that employees adhere by company policies, compliance with the law, promote operational efficiency and ensure reliable financial reporting without misrepresentation of facts.

3 0
3 years ago
FarCry Industries, a maker of telecommunications equipment, has 2 million shares of common stock outstanding, 1 million shares o
Ulleksa [173]

Answer:

18.52%

Explanation:

Calculation for the what would be the equity weight

Using this formula

Equity weight =E÷E+P+D

Let plug in the formula

Equity weight=$2,000,000×$27÷$2,000,000×$27+$1,000,000×$14.50+$10,000×.98×$1,000

Equity weight=$14,500,000÷$78,300,000

Equity weight=.1852×100

Equity weight=18.52%

Therefore what would be the equity weight is 18.52%

7 0
2 years ago
What are some of the possible pitfalls of owning a credit card? Check all that apply. A Only paying the minimum balance due. B P
Aliun [14]

Answer:

<em>C. Paying your bill late.</em>

<em>E. Juggling too many cards.</em>

Explanation:

6 0
3 years ago
An economy has two firms, Russell Farms and the Cider Mill. Russell Farms owns orchards. It sells some of its apples to the publ
noname [10]

Answer:

a. GDP will increase

b. No effect on GDP

c. GDP will increase

d. GDP will increase

e. GDP will rise

Explanation:

Gross domestic product is the total monetary value of all the finished goods produced in the country during a specific period. When a new house is constructed it will create value for the economy and GDP will rise but when an old house is resold again there is no addition in the monetary value so there will be no effect on GDP.

6 0
2 years ago
When your ability to divide your attention is impaired the chances of being involved in a collision increase a bal as low as has
allsm [11]
<span>When your ability to divide your attention is impaired the chances of being involved in a collision increase. A BAL as low as <u>0.02</u> has been shown to affect divided attention while driving.

BAL stands for Blood Alcohol Concentration Level. As the BAL increases, so does the level of impairment. The nearer the BAL is to 1, the more probable it is to meet an accident while driving. Thus, it is better to either ride a cab in going home or sleep in a safe place until the alcohol leaves the bloodstream.</span>
5 0
2 years ago
Read 2 more answers
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