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Keith_Richards [23]
3 years ago
10

It may be unethical for a company to refuse to negotiate liability claims for alleged injuries because of a faulty product.​

Business
1 answer:
Mila [183]3 years ago
8 0
True. It may be unethical for a company to refuse to negotiate liability claims for alleged injuries because of a faulty product.

If a company produces and sells a fault product, they are liable for what happens next. If a customer was hurt when using the product correctly, they are at fault. Ethically and morally correct would be to stand up for their product, accept responsibility and help the customer. 
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Colgate-Palmolive Company reports the following balances in its retained earnings. ($ millions) 2010 2009 Retained earnings $14,
ahrayia [7]

Answer:  $1,031 million

Explanation:

Given that,

Retained earnings(2010) = $14,329 million

Retained earnings(2009) = $13,157 million

Net income(2010) = $2,203 million

Amount of dividends = Retained earnings(2009) + Net income(2010) - Retained earnings(2010)

                                   = $13,157 million + $2,203 million - $14,329 million

                                   = $1,031 million

Therefore, amount of dividends did Colgate-Palmolive pay to its shareholders in 2010 is $1,031 million.

3 0
3 years ago
Read 2 more answers
U.S. GDPa. includes production of foreigners working in the U.S. but excludes production by U.S. residents working in foreign co
LuckyWell [14K]

Answer:

The correct answer is letter "A": includes production of foreigners working in the U.S. but excludes production by U.S. residents working in foreign countries.

Explanation:

The Gross Domestic Product or GDP represents the overall market value of all the goods and services a country produces. The GDP measures the size of the economy and it is determined by the following formula:  

GDP = C+ G + I + NX

Where:

C = Private consumption

G = Government spending

I  = Businesses' capital spending

NX = Net exports (exports-imports)

Labor is part of the GDP as well. It could be included in government spending or capital spending. <em>A nation's labor productivity is the sum of all the labor force production within the country regardless of the nationality of the workers</em>. <em>Citizen's productivity working abroad will be included in the GDP of the country where they work</em>.

3 0
3 years ago
The generally accepted accounting principle which dictates that revenue be recognized in the accounting period in which the perf
Allisa [31]

Answer: (C) Revenue recognition principle

Explanation:

The revenue recognition is one of the type of principle that help[s in understanding the various types of accounts based guidelines that helps in identifying the particular condition in which the revenue is basically recognize.

The importance of third principle is that it helps in ensure the actual loss or the profit Margin that maintains the financial credibility.

According to the given question, the revenue recognition principle basically accepting the various types of accounting principle that helps in satisfying the performance obligations.      

Therefore, Option (C) is correct answer.

5 0
3 years ago
These white papers are used as a "bonus" when a sale is made. A. salesperson is able to leave behind a document to say thank you
svet-max [94.6K]

Answer: I don't know for sure but the most logical answer seems to be C Papers used to draw in potential clients.

Explanation:

3 0
3 years ago
On January 1, 20XA, Tie Company purchased a machine that had a sticker (list) price of $22,000. The seller agreed to allow Tie C
Fudgin [204]

Answer:

I cant understand that question

4 0
2 years ago
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