Read the information about Copper Corp Assuming that there are no other transactions, how much was owed to the club by the membership on August 8th?

Why is an injunction ordinarily not available as a remedy in a civil case involving a defective product?

A. The threat of a judgment of damages is designed to serve as a deterrent to manufacturing defective products. B. Legal proceedings can be unpredictable and therefore an injunction would not remedy the situation C. Two men will be working together in the fields, and one will be taken, the other left. D. An injunction is an extraordinary remedy which will be awarded in the most unusual cases only.

If a firm discovers a self-correcting error in the second year, and the books are still open, it ________

A) need not correct the error because it will reverse itself at the end of the year B) should correct beginning retained earnings and any remaining accounts needed to correct the error for both years C) must recall the previous year's financial statements, correct them, and reissue the financials D) should only correct the second year's error and leave beginning retained earnings unadjusted