Corrigan was the sole proprietor of Tastee Burgers, a restaurant. In 2018, Bergdahl allegedly suffered from food poisoning after eating lunch at Tastee Burgers. In 2019, Corrigan died and left everything, including Tastee Burgers, by will to his niece, Layla. Layla then reorganized Tastee Burgers as a limited liability corporation with her best friend Horowitz. In 2020, Bergdahl filed a lawsuit for $500,000 against Tastee Burgers for long term health effects from the food poisoning. Layla and Horowitz have denied responsibility for the injuries and seek a dismissal of the lawsuit. What should the court decide
Answer:
The court should grant a dismissal.
Explanation:
Since the both Layla and Horowitz had seek a DISMISSAL OF THE LAWSUIT, the court should decide to grant a DISMISSAL reason been that a sole proprietor is a SOLE OWNER of a business which means that SOLE PROPRIETORSHIPS is a one man business or a business own by one person and since the sole owner of the business is dead based on the information given in the scenario the sole proprietorships should as well be TERMINATED.
Therefore THE COURT SHOULD GRANT A DISMISSAL.
Brown Co. pays weekly salaries of $10,500 on Friday for a five-day workweek ending on that day. Assuming the end of the accounting period ends on Wednesday, the adjusting journal entry will include a a.credit to Wages Expense for $6,300. b.credit to Wages Expense for $10,500. c.credit to Wages Payable for $6,300. d.credit to Wages Payable for $4,200.
Answer:
c.credit to Wages Payable for $6,300.
Explanation:
The journal entry to record the wages expense is shown below;
Wages expense dr ($10,500 × 3 ÷ 5) $6,300
To Wages payable $6,300
(being the wages expense is recorded)
Here the wages expense is debited as it increased the expense and credited the wages payable as it increased the liabilities
An environmental service employee of the hospital was called to the vascular surgery floor to clean the floor where a bag of potassium chloride had spilled. After cleaning the floor, the employee failed to place any signs advising others of a wet floor. Mrs. Jones, a hospital visitor, fell on the wet floor and injured her back. She incurred medical expenses of $560.00 and lost wages in the amount of $1000.00. She brought suit and the jury awarded her $1560.00, representing reimbursement of the medical expenses and lost wages, plus $10,000 for the jurors perceived recklessness on the part of the hospital. What is the $10,000 amount considered
Answer:
Punitive Damages
Explanation:
The $10,000 awarded by the jurors is a punitive damages to the organization because it serves as a kind of punishment to deter future occurrence of such conduct (recklessness)
The American Labor movement was considered radical compared to what was happening in Europe. true or false
Answer:
true took the test brainliest please
You purchase $300 worth of the same stock every quarter for one year at prices per share of $15, $12, $10, and $20, respectively. By using this dollar-cost averaging strategy, you paid less overall than the average share price of $14.25. What was the average cost per share that you paid?
please help
Answer:
$13.33
Explanation:
The average cost of purchase for each stock throughout the year will be $13.33 per share.
What is the average cost?Average cost refers to total cost incurred divided by the total quantity purchased for such product. Using the given information, the average cost per share can be calculated as,
Total Cost will be $1200, as $300 worth of shares were purchased in each quarter. And the total quantity accumulated throughout this period was 90 shares.
So, the average cost per share will be,
[tex]\rm Average\ Cost\ = \dfrac{Total\ Cost}{Total\ Quantity}\\\\\rm Average\ Cost\ = \dfrac{1200}{90\\}\\\rm Average\ Cost\ =\$13.33[/tex]
Hence, the average cost per share will be $13.33 for shares purchased throughout the year.
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Help PLEASE!!
Why are healthy individual finances important to the economy in North America?
Healthy individual finances important to the economy in North America because it contributes to the Nation's economy, which supports the global economy. This helps to rise the job opportunities for a region.
Individual financial health is critical to the North American economy since it contributes to the nation's economy, which in turn supports the global economy.
What type of economy does North America have?The economy of the North America is one of the biggest economy in the world. Its economy is classed as sophisticated and mixed. It is one of the world's most powerful economies. This contributes to a region's increased job opportunities.
Thus, it contributes to the nation's economy, which in turn supports the global economy.
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The Industrial Revolution marked the transition from doing things by hand to doing thm with machines. True False
What is the difference between elastic and inelastic demand? Give 5 points?
Explanation:
Elastic demand means there is a substantial change in quantity demanded when another economic factor changes )
inelastic demand means that there is only a slight (or no change) in quantity demanded of the good or service when another economic factor is changed.
Gomer decides to spend an hour playing basketball rather than studying. His opportunity cost is: Group of answer choices the increase in skill he obtains from playing basketball for that hour. the benefit to his grades from studying for an hour nothing, because he had a free pass into the sports complex to play basketball. nothing, because he enjoys playing basketball more than studying.
Answer:
the benefit to his grades from studying for an hour
Explanation:
Opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.
Simply stated, it is the cost of not enjoying the benefits, profits or value associated with the alternative forgone or best alternative choice available.
In this scenario, Gomer decided to spend an hour playing basketball rather than studying his books. Thus, his opportunity cost is the benefit to his grades from studying for an hour.
This ultimately implies that, if he had spend the time he used in playing basketball to study, it would have added value to his grades.
Assume the Continental National Bank's balance statement is as shown in the accompanying table. Assuming a legal reserve ratio of 20 percent, how much in excess reserves would this bank have after a check for $10,000 was drawn and cleared against it
Answer:$6,000
Explanation:
The supplied statement suggests that it is $6,000 in total, assuming that the European National Bank's balance statement is as shown in the preceding table. based on a legal reserve ratio of 20%.
What does "accompaging spouse" refer to?Any of the terms spouse, partner, or accompanying person is appropriate. based on Samples 1, 2, and 3 of 11 papers. 11. A companion is someone who lives closely with the councilor (such as a spouse or lover) and/or provides care for them.
Married couples may work in the USA under specific visa categories, but the application process takes time. Spouses may work in certain nations, like Malaysia and Japan, however there are restrictions.
A member of the immediate family of an immigrant to the The United States is regarded as an affiliating relative. Anyone who meets the requirements for a visa or a green card is eligible to apply for a green card or a similar visa for accompanying family members. both wed and separated.
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Randy and Donald were property developers, and they decided to construct a condominium in a certain neighborhood. Jim, who owned a chain of restaurants, heard of this agreement and opened a new restaurant in the same neighborhood even before the condominium construction began. However, the plan for the condominium was not approved by the state authorities, and the project was cancelled. Jim suffered losses as a result, but he had no rights in the contract because he was a(n):
Answer: incidental beneficiary
Explanation:
An incidental beneficiary refers to an individual who isn't a party to a contract but later becomes a third party beneficiary who is unintended to the contract.
It should be noted that the incidental beneficiary has no rights that are enforceable under the contract. With regards to the question, Jim suffered losses as a result, but he had no rights in the contract because he was an incidental beneficiary.
The theory of comparative advantage shows that the gains from international trade do not just result from the absolute advantage of producing at lower cost, but also from pursuing comparative advantage and producing at a lower ________________. Group of answer choices
Answer:
Opportunity cost
Explanation:
The theory of comparative advantage represent that if there is any benefit from the international trade so it does not only show the absolute advantage at lesser cost but it also represent the comparative advantage and generating at a lesser opportunity cost as the theory of comparative advantage says that the product and services should be produced at lower opportunity cost
. In January, Vorst Co. purchased a mineral mine for $2,640,000 with an estimated 1,200,000 of removable ore. After it has extracted all the ore, Vorst will be required by law to restore the land to its original condition at an estimated cost of $180,000. Vorst believes that it would be able to sell the property afterwards for $300,000. During the year, Vorst incurred $360,000 of development costs preparing the mine for production and it removed and sold 60,000 tons of ore. In its year-end income statement, what amount should Vorst report as depletion
Answer:
$144,000
Explanation:
Calculation to determine what amount should Vorst report as depletion
First step is to calculate the Depletion base using this formula
Depletion base= Purchase price +Development costs+Estimated restoration costs-Expected salvage value
Let plug in the formula
Depletion base=$2,640,000+ $360,000+$180,000-$300,000
Depletion base=$2,880,000
Second step is to calculate the depletion
Depletion= ($2,880,000 / 1,200,000 tons).
Depletion=$2.40 per ton
Now let calculate the Depletion expense
Depletion expense =$2.40 per ton ×60,000 tons sold
Depletion expense=$144,000
Therefore the amount that Vorst should report as depletion is $144,000
You are reviewing your client's bank feed. She has several expense transactions for the local gas station that are correctly categorized. Go to the For Review tab in the Banking Center Select the multiple gas transactions _____________________________ What step completes the process for adding all of these transactions to the bank feed at the same time
Which of the following statements is TRUE? A. By INCREASING the number of payments per year, you BOOST your total cash outflow but INCREASE your effective borrowing rate. B. By INCREASING the number of payments per year, you REDUCE your total cash outflow but DECREASE your effective borrowing rate. C. By INCREASING the number of payments per year, you REDUCE your total cash outflow but INCREASE your effective borrowing rate. D. By DECREASING the number of payments per year, you REDUCE your total cash outflow but INCREASE your effective borrowing rate.
can some give me easy questions to answer?
Answer:
what is yours father put your name .
how lighting occur ...
Employers often decide if they want to meet you based on your… so it is very important to highlight your strengths.
A. résumé
B. reference
C. work history report
D. credit report
Answer:
Hello There!!
Explanation:
I think the answer is D. credit report.
hope this helps,have a great day!!
~Pinky~
High performance work practices build human capital, which improves performance as employees develop skills and knowledge to perform the work. True False
Answer:
True.
Explanation:
An employee can be defined as an individual who is employed by an employer of labor to perform specific tasks, duties or functions in an organization.
Basically, an employee is saddled with the responsibility of providing specific services to the organization or company where he is currently employed while being paid a certain amount of money hourly, daily, weekly, or monthly depending on the contractual agreement between the two parties (employer and employee).
Human resources management (HRM) can be defined as an art of managing, controlling and improving the number of people (employees or workers), functions, activities which are being used effectively and efficiently by an organization.
Hence, human resources managers are saddled with the responsibility of recruiting, managing and improving the welfare and working conditions of the employees working in an organization.
Furthermore, the human resources manager carry out appraisals on the performance of the various employees working in an organization. These informations about employees are typically used for promotional purposes, allowances and other benefits or form of rewards.
Typically, high performance work practices by employees working in an organization generally build human capital and by extension improves the performance of these employees through the development of skills and requisite knowledge to perform their work.
Question Help A company is convinced of the benefits of exercise for its workers. Healthy employees take fewer sick days and tend to be more focused on their job. In addition, exercise enhances the workers' positive moods. The company is so persuaded of the value of exercise that it has adopted a new policy: Moving forward, all workers will be allowed to exercise during the work day for up to three hours per week. The reasoning behind the company's exercise policy assumes that ________.
Answer:
fhehgtjgkfgjgddfedsswdefrrtryjyrtjhdrsaswybnuyterfert
Explanation:
egy44
Main Company sells a video streaming device for $100. A one-year subscription to unlimited video streaming costs $150. Alternatively, customers can rent videos on demand or subscribe to a competing service. Customers may purchase the streaming device together with the one-year subscription for $200. For customers who purchase the streaming device with the 1-year subscription, Main should allocate how much of the total contract price to the unlimited streaming access
Answer:
In a way yes
Explanation:
It is good to have a company be able to allocate the total price so you know how much you are paying.
The CEO of a business firm wants to increase the productivity of the employees while minimizing the labor costs incurred by the company. He decides to pay a monthly salary to full-time staff members. However, he also wants to compensate employees for exceptional work through bonuses at the end of every fiscal year. In the given scenario, the CEO can use a _____ to tie a portion of the compensation to employee effort.
Answer:
c. pay-for-performance standard
Explanation:
Pay-for-performance compensation means that there is the payment is made that depend upon the performance. In this, the employee can get the incentive and reward for attaining the goals & objectives also at the same time they would be highly motivated to perform better
So as per the given situation, it is a pay-for performance standard situation
In tort law, what is proximate cause?
A. The idea that a person's breach of duty directly led to an injury
B. The idea that people can be restrained if there is justification for it
Ο Ο Ο
C. The idea that people use reasonable force to protect themselves
OD. The idea that a person failed to perform a specific duty
Answer:
B. The idea that people can be restrained if there is justification for it
Explanation:I just took the test
A short-term savings strategy is usually designed to:
A. maximize the growth of money used for investments.
B. make sure a person has money available in an emergency.
C. increase the income a person earns by having a job.
D. allow a person to spend nearly all of the money he or she makes.
SUBMIT
Answer: B. Make sure a person has money available in an emergency. (Thanks 22ogarthwaite)
Explanation: A P E X
A short-term savings strategy is usually designed to make sure a person has money available in an emergency.
What is short term savings?An amount kept aside by an individual for the purpose of utilization in a very short span of time with a contingent purpose, is known as short term savings.
Hence, option B is true regarding short term savings.
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different between profession and professional human resources in points
Answer:
Explanation:
Hi
A reward or punishment that encourges people to behave in a certain way is called a(n)
want.
price ceiling.
equilibrium price.
incentive.
Answer:
incentive.
Explanation:
Operant conditioning can be defined as an associative learning process which involves reinforcing the strength of a behavior. Thus, the outcome depends on the response in operant conditioning.
A reinforcement of a desired behavior involves the process of strengthening a positive behavior being exhibited by an individual through the use of stimulus. Therefore, making the behavior to be exhibited in the future by the individual.
Basically, by reinforcing desired behaviors with rewards, parents, teachers and leaders can help people in building positive norms.
Hence, an incentive in psychology refers to a reward or punishment that encourges people to behave in a certain way when adopted or invoked.
A reward or punishment that encourages people to behave in a certain way is called an incentive.
An incentive is something that incite someone to work harder. It is what attracts someone to deliver more that what he or she is delivering.
For instance, a company might promise its employee extra pay if they meet and exceed certain target. Such is called incentive.
Incentives include but not limited to :
Reward and recognitionGiving free vacationRewarding safetyTherefore, a reward or punishment that encourages people to behave in a certain way is called an incentive.
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Will give brainlest
1. Define scarcity in terms of wants.
2. What are the three questions of economics?
3. Land, labor, capital, and entrepreneurship are called what economic term?
4. What is another word/term for an entrepreneur?
5. What is the reason most individuals want to open a new business?
6. Jim spends two and a half hours and $40 at the movies the night before an exam. What is the opportunity cost of this decision?
7. In a command economy, who decides what goods and services will be produced?
8. In capitalist economies how are prices set?
9. What is happening in the graph? (Supply or demand, increase or decrease, and is it quantity or not?)
10. What happens to the price and to quantity at this new equilibrium?
11. The law of supply says that as price rises, what will happen?
12. What will a high price do to consumers buying, and what will it do for producers?
13. If gas production drops for the year, how would it affect prices?
14. The law of Demand says when the price rises, the quantity demanded ________, and when prices fall, the quantity demanded of a good will __________.
15. If items are economic compliments, and demand for one increases, what will happen to the other item, typically?
16. Due to technological advances, individuals are able to buy and download music from the Internet as opposed to simply buying music from a store.
How would this technology affect the compact disc market? (Supply or demand? Increase
or decrease?)
17. What are the determinants of supply?
18. What do consumers do in the market to impact or influence what is produced?
Answer:
1. Scarcity is the inability to satisfy ones wants using the means available to them
2. Many have defined Economics as a social science that examines the relationship between
ProductionDistribution and Consumption of products and services.So the three questions are:
What will be produced?
Who will consume the products?
How will it get to the consumer?
3. Land, Labor, capital, and entrepreneurship in economic parlance collectively called the factors of production. Many schools of thought have also added Information to that list.
4. Another word for an entrepreneur is a business owner
5. Most businesses are set up to make a profit. Others to meet an intrinsic goal. However, because every business must operate sustainably, even not-for-profits must at least breakeven to remain in existence
6. The opportunity cost of a thing is the benefit forgone in order to have or possess that thing. The opportunity cost to Jim is the risk of failing the exam giving that he should be prepping of getting ready for the same.
7. In a command economy, the government is in control of all the factors of production and so decides what goods and services will be produced.
8. In capitalist economies, prices are determined by the forces of demand and supply
9-10. the graph was not supplied. Hence the answer could not be provided.
11. The law of supply says that as price rises, (all things being equal), supply will follow in the same direction. This is because rising prices is favorable to the manufacturer of the product as they stand to make more profit.
12. High prices will force demand by consumers down. Consumers also want to maximize value. That is, they want to get the best at the lowest price possible. Hence, for consumers, high prices (all things being equal) will translate to lower quantity purchased.
Producers on the other hand will (all things being equal) attempt to push out more of their products in order to take advantage of the high prices to make more profit.
13. Gas production will most likely translate to increased prices. The demand for gas is inelastic because it is an essential commodity. Hence a drop in the volume available for purchase (all things being equal) will create an upward spiral in prices.
14. The law of Demand says when the price rises, the quantity demanded (all things being equal) goes in the opposite direction, and when prices fall, the quantity demanded of a goodwill (all things being equal will go the opposite direction.
15. Demand for Complimentary or joint goods such as smartphones, data and call credit usually go in the same direction (all things being equal).
16. Advances in technology is leading to a decrease in the supply and demand for compact disk. Because of the availablility of songs and videos online and ease of access to them via the same media, the demand for compact discs which take up a lot of physical space and usually more expensive is take a downward run. This, in turn, is discouraging more production hence the lower the supply of same.
17. The determinants of supply are:
Cost of raw materials/inputs Productivity Technology: Better technology will translate to increased supply The Number of sellers: the more sellers there is, the more supply there is. Taxes and subsidies: Supply and taxes usually go in the opposite direction. Subsidies and supply usually go in the same direction. Government regulations: This can stop the supply for a goods or service completely or enhance it greately Price Expectations: When supplier expectations about prices are positive, supply goes up. Positive expectation is that the prices will go up.18. Consumers in order to impact or influence what is produced can choose between substitutes. These choices reflect why they go for a particular service, hence forcing other suppliers to follow the factors which drive demand.
Cheers
Michael puts $600 in a savings account that increases with a 5.25% interest compounded annually. Write a function that represents the amount of money in Michael's account and find how much money will Michael have in his account after 6 years if there are no withdrawals or deposits. Round to the nearest cent.
Answer:
FV = PV (1 + r) ^ n and $815.61
Explanation:
The amount of cash which will have accrued by a given date resulting from earlier single sum or period investments is known as the Future Value (FV) and represented by the following function :
FV = PV (1 + r) ^ n
where,
PV = Principle amount
r = interest rate
n = number of periods for which investment is to receive interest
Using the Function we can determine the amount Michael have in his account after 6 years :
FV = PV (1 + r) ^ n
= $600 x (1.0525) ^6
= $815.61
cuanto dura un partido de futbol salA?
La duración del juego es de 90 minutos, con cambio de extremos y un intervalo no mayor de 15 minutos después de los 45 minutos. El árbitro puede tener en cuenta el tiempo perdido en cada mitad. Una vez finalizado el partido, el equipo que marca más goles (el número de veces que el balón entra en la portería) es declarado ganador.
Espero que esto te ayude ❤️Answer:
Un partido de fútbol sala dura 40 minutos dividido en dos tiempos de 20 minutos cada uno.
Explanation:
The owner of Firewood To Go is considering buying a hydraulic wood splitter which sells for $50,000. He figures it will cost an additional $100 per cord to purchase and split wood with this machine, while he can sell each cord of split wood for $125. How many cords of wood would he have to split with this machine to break even
Answer:
The correct answer is "2000 units".
Explanation:
Given:
Fixed cost,
F = $50,000
Variable cost,
VC = $100 per unit
Price,
P = $125 per unit
Let the units to be sold be "x".
Throughout the case of breakeven,
⇒ [tex]Total \ revenue=Total \ cost[/tex]
⇒ [tex]125x=50000+100x[/tex]
On subtracting "100x" from both sides,
⇒ [tex]125x-100x=50000+100x-125x[/tex]
⇒ [tex]25x=50000[/tex]
⇒ [tex]x=\frac{50000}{25}[/tex]
⇒ [tex]=2000 \ units[/tex]
A sample of 51 observations will be taken from an infinite population. The population proportion equals 0.85. The probability that the sample proportion will be between 0.9115 and 0.946 is
a. 0.8633
b. 0.6900
c. 0.0819
d. 0.0345
Answer:
c. 0.0819
Explanation:
The mean = 0.85
standard error of the proportion is: sp = sqrt(pq/n)
= sqrt ((.85)(0.15) / 51) = 0.05
P(0.9115 < X < 0.946) = P( (0.9115 - 0.85) / 0.05 < z < (0.946 - 0.85) / 0.05 )
= P(1.23 < z < 1.92)
= P(z < 1.92) - P(z < 1.23) = 0.0819