Final Examination Study Guide revised fall 2010 Disclaimer: The Study Guide is intended to provide direction in preparing for the final. It is not intended to be an all inclusive list of everything contained on the final. Choose the one alternative that best completes the statement or answers the question. 1) Which of the following statements is true? A) Treasury stock causes issued shares to exceed outstanding shares.
Stanley Corporation uses the effective interest rate method of amortization. Interest is paid each June 30 and December 31. The interest expense recognized for the first semiannual interest payment on December 31 is: A) $9,000. B) $81,900. C) $180,000. D) $75,000. 40) Thunder Corporation had a beginning balance in net plant assets of $220,000. During the year, Thunder purchased $60,000 of new plant assets. Depreciation expense for the year was $30,000 and there was a net gain on the sale of plant assets was $3,000. The ending balance in net plant assets was $170,000.
Products Liability Writing.
Products Liability Writing..
The year is 2027. Venezuela has gone through some hard times but has made a remarkable comeback by implementing some broad political, monetary, and economic reforms. It is transitioning from an oil-based economy to a more diverse economy that includes manufacturing and technology companies. A growing middle class has increasing purchasing power. Recent years have brought an increase in manufacturing domestic products, exporting products, and importing products from many global sources. Citizens have increased confidence in the rule of law and the integrity of the judicial branch. Alejandra Mendoza is running to be elected President of Venezuela. You are serving on her board of economic advisors and have been asked to analyze a key public policy question. Should her campaign support adoption of U.S.-style products liability laws in Venezuela based on strict liability for defective products? Write a memo to Ms. Mendoza with your recommendations. Identify and analyze specific benefits and risks in the areas of public health, economic growth, and political risks. What anecdotes can be used during the campaign to promote the policy? What are likely criticisms from political opponents and the business community, and what are the best responses to those criticisms? Target: 400–500 words. Grades for this assignment will be based on the quality of your submission and analysis on the key issues of the campaign’s support of adoption of U.S.-style products liability laws; identification and analysis of specific benefits and risks in public health, economic growth, and political risks; anecdotes that can be used during the campaign to promote the policy; and likely criticisms from political opponents and the business community and responses to those criticisms.
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