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Cloud [144]
3 years ago
14

Dram shop laws fall under which liability

Business
1 answer:
Inga [223]3 years ago
4 0
<span>A Dram shop law or Dram Shop Act is a rule in 38 different states that makes those who sell alcohol to patrons who are clearly far too intoxicated or too close to being dangerously over the limit are strictly liable for any injuries or damages caused by said drunk person. This is a Civil Liability.</span>
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A new customer wants to open an account at your firm. When you ask him for a street address, he tells you that he will be moving
Rasek [7]

Answer: B. . The business address can be used for Customer Identification purposes and the account can be opened

Explanation:

From the question, we are told that a new customer wants to open an account at a firm and that when he was asked for his street address, he said that he will be moving soon to a different apartment complex and wants to use his business address.

Since the customer will be moving to a new apartment and therefore may not yet know his street address, the customer can use his business address for identification purpose. Therefore, the customer can open the account.

5 0
4 years ago
True or false: being an actor is required for a director's complete training.
gayaneshka [121]
False. 

In theatre, a director's role and training is independent and separate from that of an actor. The two roles are distinct and do not require participation as the other in order to complete each. A director's training will be complete through activity other than working or being an actor in a production. 
4 0
3 years ago
Liquidity ratios are used to measure a firm's ability to meet its obligations as they come due. Two of the most commonly used li
marshall27 [118]

Answer:

Current Ratio= Current Assets/ Current Liabilities

Explanation:

Current Ratio= Current Assets/ Current Liabilities

The current ratio is an important measure of a company's ability to pay its short term obligations. It is defined as current assets divided by current liabilities.

Current assets are cash and other resources that are expected to be sold or used within one year or the company's operating cycle , whichever is longer. Examples are cash, short term investments , accounts receivable, short term notes receivable, goods for sale ( called merchandise or inventory) and prepaid expenses. Prepaid expenses are usually listed last because they will not be converted to cash ( instead they are used).

Current liabilities are obligations due to be paid or settled within one year of operating cycle, whichever is longer. they are usually settled by paying out current assets such as cash . Current liabilities often include accounts payable , notes payable, wages payable, taxes payable, interest payable and unearned revenues. Also any portion of a long term liability due to be paid within one year or the operating cycle whichever is longer is a current liability.

3 0
3 years ago
"Municipal bonds, or "munis," are bonds issued by states, counties, and cities, in addition to other public agencies such as sch
morpeh [17]

Answer:

1. True

Explanation:

  • The municipal bonds are called as Munis bonds and are issued by the local government or territory and are used to finance the public projects and include the schools, airports and seaports, and infrastructure-related repair and as of 2011, the values of these bonds is valued at 3.7 trillion dollars.
  • In general, they are used for the issuing of the municipality related services and they are characterized by taxability, interest rates, liquidity, and security.
  • <u>The primary reason why theses type of bonds are special to their tax exemptions and are subjected to an alternative minimum amount of tax as an item of preferences.</u>
6 0
3 years ago
Which of the following helps to maintain the current level of nitrogen in Earth's atmosphere?
zepelin [54]
The answer for this question is a. lightning.

Lightning is an important phenomenon that plays a significant role in nitrogen fixation step in the nitrogen cycle. Lightning helps to "fix" the inert nitrogen present in the atmosphere by breaking nitrogen molecules and combining them with oxygen to form nitrogen oxides. The resulting compounds are then readily absorbed by rain then the soil.
4 0
3 years ago
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