Extensible markup language (XML) is a language that can be used to exchange data between businesses

Indicate whether the statement is true or false

TRUE

Business

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When boot is involved in an exchange having commercial substance.

a. gains or losses are recognized in their entirely. b. a gain or loss is computed by comparing the fair value of the asset received with the fair value of the asset given up. c. only gains should be recognized. d. only losses should be recognized.

Business

According to the doctrine of strict liability, which of the following parties is strictly liable for injuries caused by a defective product?

A) only the manufacturers of the products B) only the parties directly involved in the sale of the product to the customer C) all parties providing services related to the product D) all parties in the chain of distribution

Business