Use the Following to Answer Questions

question 121

Multiple Choice

Use the following to answer questions
Farmer Company purchased equipment on January 1,2015 for $82,000.The machines are estimated to have a 5-year life and a salvage value of $4,000.The company uses the straight-line depreciation method.
-At the beginning of 2018,Furst revised the expected life to eight years.The annual amount of depreciation expense for each of the remaining years would be:

• A)$6,240.
• B)$4,400.
• C)$7,040.
• D)$3,900.

Comprehend the concept of product liability and the duty of manufacturers towards consumers.

Assess liability in situations involving recreational activities and associated waivers or releases.

Evaluate the standard of care expected of professionals and service providers.

Distinguish between negligence, strict liability, and intentional torts in determining liability.

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Definitions:

Constitution Act Of 1982

A significant update to the Canadian constitution that included the Charter of Rights and Freedoms, fundamentally shaping Canadian law.

Human Tasks

Activities or assignments that require human intervention, skills, or decision-making, not easily automated or replaced by machines.

Judging

The process of forming an opinion or conclusion about something or someone, often involving critical thinking and assessment.

Sexual Harassment

Unsolicited or unwelcome sex- or gender-based conduct that has adverse employment consequences for the complainant.