Legal responsibility for someone else’s use of your possessions or someone else’s activity for which you are responsible is called

a. negligence.
b. strict liability.
c. vicarious liability.
d. property risk.
e. pure risk

True or false: banks are required to make electronically deposited funds available on the same day of the deposit

In microeconomics, the point at which supply and demand meet is called the blank price

Telecom co. enters into a two-year contract with a customer to provide wireless service (voice and data) for $40 per month. to induce customers, telecom co. provides a free phone. telecom co. normally sells the phone on a stand-alone basis for $200. telecom co. also charges the customer a one-time activation fee of $35.which of the following is true? a) there are two distinct performance obligations: the voice service and the data service b) the free phone constitutes as a marketing expense c) the activation fee is a separate performance obligationd) there are two distinct performance obligations: the wireless services and the phone