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alexandr402 [8]
2 years ago
9

Alex worked as a programmer for the GPS device and phone application known as MyWaze. He signed a covenant not to compete with M

yWaze. However, when he received an offer by Google to start an innovative GPS Google phone application, he left his job at MyWaze. MyWaze sued Alex for breaching his contract and the covenant not to compete. The court ruled in favor of MyWaze.
But what if the facts of the case were different? Select each set of facts below that could change the outcome of the court’s decision.

A. The covenant to not compete was created in the state of California.

B. The court found that Alex had signed the covenant not to compete in an adhesion contract. That is, upon being hired, Alex was forced to either sign or be immediately fired from MyWaze.

C. Less than one week passed during the time that Alex quit his job at MyWaze and went to work for Google, and according to the covenant to not compete, employees of MyWaze had to wait at least 6 weeks before working for a potential competitor.

D. Rather than going to work on creating a GPS Application for Google, Alex was hired to be a programmer for Google’s e-mail system.
Business
1 answer:
Tatiana [17]2 years ago
4 0

Answer:

<u>B, D</u>

Explanation:

1. Alex may be favoured in court if it was proven that Alex had signed the covenant not to compete in by force or else he would have been immediately fired from MyWaze. Then he may likely gain victory.

2. The second scenario, if Alex was involved in job at Google that wasn't going to compete with MyWaze;  that is rather than going to work on creating a GPS Application for Google, Alex was hired to be a programmer for Google’s e-mail system. Since the email system does not have any competition with a GPS app he may be favoured.

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A corporation’s articles of incorporation can be changed relatively easily. True False
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Answer:

False

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Agent Martinez wishes to solicit Medicare Advantage prospects through e-mail and asks you for advice as to whether this is possi
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Answer:

Marketing representatives may initiate electronic contact through e-mail but an opt-out process must be provided.

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Since in the question it is mentioned that the Martinez requested or solicit for medicare advantage prospects via the e-mail so yes it is possible but for that, she have to contact with Marketing representatives or the company reached to her so that he or she can send the prospectus via mail also the opt-out process is also provided

5 0
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The following information is from the 20X1 annual report of Weber Corporation, a company that supplies manufactured parts to the
DENIUS [597]

Answer:

ROA for 20X1= 10%

Profit margin for 20X1= 5%

Assets turnover= 2

ROA for the coming year= 11.25%

Explanation:

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ROA= Net income/Average total assets × 100

= 2,450,000/24,500,000 × 100

= 0.1 × 100

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The profit margin can be calculated as follows

= Net income/sales × 100

= 2,450,000/49,000,000 × 100

= 0.05 × 100

= 5%

The assets turnover ratio can be calculated as follows

= Sales/Average Total assets

= 49,000,000/24,500,000

= 2

The company ROA if when the turnover rate for next year is2.25 and the profit margin remain unchanged can be calculated as follows

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= 5% × 2.25

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8 0
2 years ago
Roland Company began operations on December 1 and needs assistance in preparing December 31 financial statements, including its
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Answer:Incomplete Question, You omitted the values for the following

supplies remaining at year-end: $700

Wages earned by workers but not yet paid at year-end: $500

Explanation:

1. To Record the journal entries required for December, excluding the December 31 year-end adjusting entries.

Cash Paid for prepaid insurance

Date            Account and Explanation     Debit         Credit

1st Dec   Prepaid Insurance                  $24,000

        Cash                                                                    $24,000

Supplies purchased in cash

7th Dec      Supplies                                   $2000

                 Cash                                                                   $2,000

13th Dec     No ENTRY            Roland Co agreed to do but has not done itr yet.

Advance received from ABX

24th Dec      Cash                                       $4,000

                    Unearned Revenue                                        $4,000

2. To Record the December 31 year-end adjusting entries for prepaid insurance,  supplies,  accrued wages, accrued revenue, and  unearned revenue.

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Date            Account and Explanation     Debit         Credit

31st Dec  Insurance Expense                   $1,000

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Calculation.24 month insurance policy for $24,000 cash.

Insurance for a month = 24,000/24= 1000

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Date            Account and Explanation     Debit         Credit

31st Dec  Supplies  Expense                   $1,300

              Supplies                                                     $1,300

Calculation :purchased supplies for $2,000 --supplies remaining at year-end, $700= $1,300

To record Wages earned by workers but not yet paid at year-end: $500

Date            Account and Explanation     Debit         Credit

31st Dec  Wages   Expense                   $500

               Wages Payable                                               $500

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Date            Account and Explanation     Debit         Credit

31st Dec  Unearned Revenue                 $1,000

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3. Journal entry for January

Payment Of wages recorded

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5 Jan  Wages Payable                          $500

  Wages Expense (800-500)                 $300

               Cash                                                             $800

Payments from Telo Recorded

Date            Account and Explanation     Debit         Credit

12 Jan  Cash                                           $10,000            

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    Service Revenue(10,000-6000)                          $4,000

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