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lubasha [3.4K]
2 years ago
12

Which of the following statements is not correct regarding restitution?

Business
1 answer:
astraxan [27]2 years ago
6 0

Answer:

The false statement is letter "D": The impact of restitution is to allow a promisee to recover the value of services he gave to the defendant irrespective of whether he would have lost money on the contract and been unable to recover in a suit on the contract.

Explanation:

In Law, restitution implies returning the monetary value loss of property to the party affected after a trial. Restitution implies returning the material goods a defendant could have taken from the plaintiff or compensating that person in monetary value for the damages caused.  

Only in the case there was property loss, restitution plays like a grant there will be a compensation for the damages. If there are not significant damages or if no monetary pact was signed in a contract, there is no reason why a plaintiff should ask for restitution.

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Starbucks has been in business for over 40 years and for most of that period has been quite successful. They have a portfolio of
Keith_Richards [23]

Answer:

Marketing and distribution of a variety of products

Explanation:

Marketing refers to a business function whereby a marketer advertises and promotes goods and services with an objective to increase sales and at the same time ensure customer satisfaction.  Marketing mix refers to essential marketing components for effective marketing.

Marketing mix comprises of product, place, price and promotion.

Distribution refers to activities which are aimed at making products available in the right markets at the right time and utilizes various channels of distributions such as retailers, wholesalers, intermediaries, etc.

In the given case, Starbucks, the renowned coffee maker, has formed alliances or collaborations so as to extend and strengthen their business. These strategic alliances help Starbucks create an effective distribution network and wide-reach marketing which subsequently helps in efficient operations and profitability.

6 0
1 year ago
A soft drink costs 75 cents for a 12-oz can. A two-liter bottle costs $1.25. In which form is the soft drink more expensive? How
Verdich [7]

Answer:

The coldrink is more expensive in Can form.

Can is $0.044/oz more expensive than bottle

Explanation:

Data provided in the question:

Cost of 12-oz can = 75 cents = $0.75

Cost of 2 Liter bottle = $1.25

Now,

Cost per oz for can = $0.75 ÷ 12

= $0.0625/oz

For bottle

Total oz contained = 2 × 1.057 × 32 oz     [As 1.0 L = 1.057 qt, 1 qt = 32 oz]

= 67.648 oz

Therefore,

Cost per oz for bottle = $1.25 ÷  67.648 oz

= $0.0185/oz

Hence,

The coldrink is more expensive in Can form.

Difference = $0.0625/oz - $0.0185/oz

= $0.044/oz

Hence,

Can is $0.044/oz more expensive than bottle

4 0
1 year ago
Gillette now markets its Body line of razors, blades, and shaving gels for "manscaping," the art of shaving body hair in areas b
Varvara68 [4.7K]

The correct answer for the question is option"b", changing the value offered to the customers.

Explanation:

Gillete's strategy is to increase the utility of the product to the customers by making it usable for a variety of purposes. By making the products "manscaped" the products can be used for removing the hair below the neck line. Thus, the company is trying to offer better value to the customers. the value addition is in the form of improved utility for a variety of purposes. Customers will gain better value for the price they are paying for the product.

7 0
2 years ago
Card Corp. purchased bonds at a discount of $49,000, and accounted for the bonds as held to maturity. Subsequently, Card sold th
jonny [76]

Answer:

$42,000

Explanation:

Data provided

Bonds at a discount = $49,000

Sold bonds at a premium = $12,000

Discount amount = $19,000

The computation of the sale of bonds is shown below:-

Cost + Premium - (Cost - Carrying value cost)

Carrying cost = $49,000 - $19,000

= $30,000

Sale of bonds = (Bonds at a discount + Sold bonds at a premium) - (Bonds at a discount - Carrying cost)

($49,000 + $12,000) - ($49,000 - $30,000)

= $42,000

7 0
2 years ago
Makers Corp. had additions to retained earnings for the year just ended of $285,000. The firm paid out $180,000 in cash dividend
bogdanovich [222]

Answer:

Price-Earning ratio = 6.42

Price to Sales Ratio = 1.35

Explanation:

Earning for the year = $285,000

Common stock outstanding = 150,000 shares

* Price has not been given in the question. Assuming $70 is the market price of the share.

1.

Earning per share =  Earning for the year / Common stock outstanding

Earning per share = $285,000 / 150,000 = $1.90 per share

Price-Earning ratio = $7 / $1.90 = 6.42

2.

Price to Sales Ratio = Price / Sales = $7 / $5.19 = 1.35

5 0
2 years ago
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