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Varvara68 [4.7K]
3 years ago
12

Stan, an air-conditioning and heating technician, files a suit against Temp-Set Corporation, alleging that its thermostats are u

nreasonably dangerous due to the possibility of electrical shock. Temp-Set's best defense is most likely ___________.
a. contributory negligence.
b. knowledgeable user.
c. commonly known danger.
d. none of the choices
Business
1 answer:
Mashcka [7]3 years ago
5 0

Answer: option (B). knowledgeable user.

Explanation: knowledgeable user simply means If a particular danger is or should be commonly known by particular users of the product, the manufacturer need not warn those particular users. An example is a case of Stan, an air-conditioning and heating technician, files a suit against Temp-Set Corporation, alleging that its thermostats are unreasonably dangerous due to the possibility of electrical shock, Temp-Sets defense is knowledgeable user.

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Does GAAP routinely require companies to disclosure forecasts of financial variables to external users? Indicate yes or no and e
Andrei [34K]

Answer:

No, they don´t.

Explanation:

Forecast is not required by GAAP, as the <u>Relevance</u> and the <u>Faithful</u> <u>Representation</u> are concepts that are not compatible with data projection.  Forecast implies estimates, and subjective interpretations that do not fulfill financial statements aim and are difficult to verify.

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3 years ago
Under NASAA Statements of Policy on Dishonest and Unethical Business Practices by Broker-Dealers and Agents, which of the follow
kap26 [50]

Answer:

B) II & IV

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IV. The Agent of the Broker-Dealer, when creating a summary or sales piece, is required to present a fair and balanced presentation of all material information from the prospectus.

Explanation:

Under North American Securities Administrators Association (NASAA) rules, when an agent or a broker-dealer creates a summary sheet or sales piece, it must include a fair and balanced presentation of all the important and relevant information that their client may need to be able to make a decision as to whether or not they want to purchase the security. Obviously the client trusts his/her agent, but the client must be given all the information necessary for him/her to decide whether the agent's advice should be followed or not.

5 0
3 years ago
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One message accompanied by different meta-communication can mean totally different things, for example an irony.

When Susan winked at Rick (Susan meta-communicated by winking) her words meant the opposite.

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How might reading about a case or hearing about it on TV influence jurors?
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7 0
3 years ago
The allocation of the cost of a tangible fixed asset is referred to as_____, whereas the allocation of the cost of an intangible
dimulka [17.4K]

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double declining

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