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Alchen [17]
3 years ago
14

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​ to be?
Business
1 answer:
vova2212 [387]3 years ago
5 0

Answer:

knowledgeable user

Explanation:

Knowledgeable user is a term that refers to particular users of a specific product, that must possess certain qualifications to use that specific product. In the case of knowledgeable users, the manufacturer of the product is not require to warn these users about the dangers of using their product.

In this case, Stan as an air conditioning and heating technician should know about the dangers of using electrical thermostats because of his profession.

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On November 1, Bahama National Bank lends $4 million and accepts a six-month, 6% note receivable. Interest is due at maturity. R
UkoKoshka [18]

Answer:

11/01

Dr Notes Receivable 4,000,000

Cr Cash4,000,000

12/31

Dr Interest receivable 40,000

Cr Interest revenue 40,000

Explanation:

Preparation of the journal entry to Record the acceptance of the note and the appropriate adjustmentfor interest revenue at December 31, the end of the reporting period.

11/01

Dr Notes Receivable 4,000,000

Cr Cash 4,000,000

12/31

Dr Interest receivable40,000

Cr Interest revenue 40,000

Calculation for Interest Revenue using this formula

Interest Revenue =Face Amount *Interest Rate *Time Period

Let plug in the formula

Interest Revenue= 4,000,000 x .06 x 2/12

Interest Revenue = 40,000

4 0
4 years ago
Anderson Steel Company began 2018 with 550,000 shares of common stock outstanding. On March 31, 2018, 140,000 new shares were so
iren [92.7K]

Answer:

EPS = $7.94

diluted EPS = $7.94, since there are no diluted shares in 2018

Explanation:

January 2018 = 550,000 common stocks

March 31 = 140,000 new shares issued = 105,000 weighted stocks

net income = $5,200,000

EPS = net income / weighted common stocks = $5,200,000 / (550,000 + 105,000) = $5,200,000 / 655,000 stocks = $7.939 ≈ $7.94 per stock

there are no diluted shares since the agreement with the president of the board starts in 2019, and we are calculating the EPS for 2018. The same applies to the controller, since her agreement starts in 2026.

4 0
3 years ago
High and unexpected inflation has a greater cost
saw5 [17]

D. For savers in low income tax brackets than for savers in high income tax brackets.

3 0
3 years ago
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Products that are difficult to move out of a plant once they are manufactured, such as ocean-going vessels and room-sized murals
Lesechka [4]

Answer:

fixed-position

Explanation:

3 0
3 years ago
Vygotsky viewed cognitive development as the product of ____________.
aalyn [17]
<span>Vygotsky believed that cognitive development was the result of social interactions. Lev Vygotsky was a Soviet psychologist who was born in 1896 and died in 1934 at the age of 37. Developmental psychology was his main field of interest and study.</span>
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3 years ago
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