For the doctrine of strict liability to apply:

a. a consumer must have purchased the product directly from the manufacturer
b. a consumer need not have purchased the product directly from the manufacturer c. a consumer must suffer life threatening injuries
d. a manufacturer must not intentionally misrepresent the product e. none of the other choices are correct

b

Business

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If a company fails to make an adjusting entry to estimate uncollectible accounts, then this error:

Select one: A. Understates owners' equity B. Overstates net income C. Overstates expenses D. Understates assets

Business

Given the yield curve for US Treasury zero-coupon bonds, which spread is most helpful pricing a corporate bond? The:

A. Z-Spread. B. TED spread. C. Libor-OIS spread

Business