In Davis v. West, where Davis was sued for not having paid a bill and a court-appointed receiver took money from a bank account owned by Davis, the receiver was held personally liable for removing the funds improperly without notice

Prinkle Corporation purchased equipment for $60,000 on January 1, 2016. On December 31, 2018, the equipment was sold for $28,000. Accumulated Depreciation as of December 31, 2018 was $31,000

Calculate gain or loss on the sale. A) $1,000 gain B) $1,000 loss C) $31,000 loss D) no gain no loss

Red Bull energy drink manufacturer, Dietrich Mateschitz, hired a market research firm to assess the market potential for the drink. In the tests, consumers reacted negatively to the taste, the logo, and the brand name

The company ignored the research completely. Indicate whether the statement is true or false