Live wire hot rod shop follows the revenue recognition principle. live wire services a car on july 31. the customer picks up the vehicle on august 1 and mails the payment to live wire on august 5. live wire receives the check in the mail on august 6. when should live wire show that the revenue was recognized?

Hegyes was driving her car when it was negligently struck by a unjian enterprises truck. she was injured, and an implant was placed in her body to counteract the injuries. she sued unjian, and the case was settled. two years later hegyes became pregnant. the growing fetus pressed against the implant, making it necessary for her doctor to deliver the child 51 days prematurely by cesarean section. because of its premature birth, the child had a breathing handicap. suit was brought against unjian enterprises for the harm sustained by the child. was the defendant liable?