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

A married couple filing a joint return are separately employed. The husband's employer offers a qualified pension plan and he is an active participant. The wife is self employed and earns $50,000 a year.

Why are banks willing to lend funds to people?

What should be the basic goal of a firm when it sets a level of output?

The weekly incomes of shift foreman for a given industry follow a normal probability distribution. With a mean of $1,000 and a standard deviation of $100, what is the z-value for the income (called X) of a foreman who earns $1100 per week?

n which statement (s) is "supply" used correctly? (I) "An increase in the price of eggs will increase the supply of eggs." (II) "As the cost of producing eggs rises, the supply of eggs will tend to fall."

Catherine and Jacob have a written contract to buy and sell "100 cases of widgets." The 100 cases is a typo, so after signing the contract they orally agree to modify the contract to "1,000 cases of widgets.

Is accounts receivable a material component of the company's total current assets?

Packaging that provides convenience, product quality, protection, or easy storage offers what kind of benefits to customers?

Raphael observes that at the current level of interest rates there is an excess supply of bonds, and therefore he anticipates an increase in the price of bonds. Is Raphael correct? (A). Raphael is correct.

Maria goes to a concert after her mother asked her not to go. The ticket price was $100, and Maria's mom found out and now doesn't trust her. What is the opportunity cost of Maria's choice to go to the concert?