Tort Law applies to all of the following, EXCEPT:
a. Liability arising from the commission of an unintentional tort.
b. Liability arising from negligence.
c. Liability arising from a breach of duty.
d. Liability arising from breach of contract.
Ans: d. Liability arising from breach of contract.
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Cash collected on accounts receivable would produce what effect on the balance sheet?
A) Increase assets and decrease assets B) Decrease assets and decrease liabilities C) Decrease liabilities and increase equity D) Increase liabilities and decrease equity
Roberto has been somewhat successful in his preliminary attempt to move the group toward better teamwork. To help sustain the teamwork, Roberto is advised to use which approach to leadership?
A) authoritarian B) avoidance of all charismatic traits and behaviors C) participative or shared leadership D) micromanagement