Which of the following statements is true of negligent failure to warn?
A) The manufacturers must provide warnings about obvious dangers.
B) The manufacturers have to include warnings only for the original purchaser of the product, but not the user.
C) The manufacturers need not include warnings about dangers from unforeseeable misuses of the product.
D) The manufacturers of prescription drugs need not provide warnings to physicians of any chance of serious adverse reactions.
C
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Which of the following fringe benefits is not excludable from an employee's wages?
a) $2,500 of group term life insurance covering the death of an employee's spouse or dependent. b) Dependent care assistance of $5,000 provided through a dependent care assistance program. c) Educational assistance expenses of $5,250 provided through an educational assistance program. d) Qualified employee discount.
Closing is on June 15, and rent of $2,400 has been prepaid for the current month. What will the seller be debited at closing if the buyer received credit for the days of closing?
a. $1,280 b. $1,200 c. $1,350 d. $2,200