Service Liability Is Best Described as a N

Preview this quiz on Quizizz. The Dow Jones industrial average swept past 12000 for the first time.

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Liabilities are settled over time through the transfer of economic benefits including money goods or services.

. The closure and post-closure care costs are estimated to be 25 million. A liability is considered an obligation and is listed on a companys balance sheet. It is estimated that the capacity of the landfill is 12 million tons of waste and that waste will be accepted for 5 years.

And strict liability are available today as causes of action by a consumer in a product liability cases. What is the relationship between present value and the concept of a liability. Covered only if the policy has been endorsed to extend the coverage territory C.

Using the GRM what is the value of the building. Loan from XYZ collaterized by ABCs accounts receivable b. During 2015 3 million tons of waste was accepted.

Under such an agreement each partner is liable for a pro-rated share based on their equity stake in the business of the total liability amount. Investors are increasingly optimistic about corporate earnings and the economyThis achievement MOST likely involved which type of business organization. A present obligation arising from past event.

And a claim occurs in Japan. To a bank in consideration for a loan of 80 of the accounts less a 5 service fee on the. Present value is used to measure certain liabilities.

Review information in National Underwriter Bests Review. A 3000-square-foot house is in a neighborhood where it is surrounded by 1500-square-foot homes. Which of the following best describes an insureds position regarding coverage under the CGL policy when a product is manufactured in the US.

The charge for closure and post-closure care costs for 2015 would be. The prevailing gross rent multiplier is 8. Which statement best describes the term liability.

Denial of service liability is caused when a third party cannot access a promised Web site. The correct answer of the given question would be option B. This may be a major contractual liability.

Let us assume that three equal partners manage a business in which they invested 20000 each. A liability is something a person or company owes usually a sum of money. The contingent liability may be disclosed in either a contra receivable or a note to the FS.

Each is briefly described below. The statement that best describes a liability would be something that a business owes. An office building rents for 600000 has expenses of 400000 and a cash flow of 100000.

This is part of the accounts payable. Hope this is the answer that you are looking for. ABC received cash as a result of this transaction which is best described as a.

No coverage because the loss happened outside the US. The structure can be best described as a hybrid between limited and unlimited liability.

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