Since product liability is strict liability, the plaintiff’s comparative negligence is a defense.

Earnings per share should always be shown separately for

a. net income and gross margin. b. net income and pretax income. c. income before extraordinary items. d. extraordinary items and prior period adjustments.

Yield curves are more likely to have an upward slope when short-term rates are _____

Fill in the blank(s) with the appropriate word(s).