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2 years ago

Knowing that a third party may use the information that Ray is providing, does Ray owe a duty of confidentiality to Onyx?

Business

1 answer:

artcher [175]2 years ago

3 0

Answer:

B. Yes, although it may be breached in most states if there is a court order to do so.

Explanation:

Duty of confidentiality is a provision that has been put in place in most states, to enable clients open up freely if they need help. This allows professionals to take whatever actions necessary to carry out full service delivery when helping the client. Some of these details include health status, a client-lawyer case story, a social media's access to users' personal details, etc. The law prohibits professionals from disclosing information made available to them by the client to a third party. This duty is held by many professional bodies like the medical body, legal body, among others. This duty can be broken by law in situations where the client sues the professional, or when there is a legal court order to do so.

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On the basis of the following data, determine the value of the inventory at the lower of cost or market. Assemble the data in th

Viktor [21]

Answer:

Product Quantity LCM Total

Model A 300 $125 $37,500

Model B 500 $90 $45,00

Model C 150 $59 $8,850

Model D 800 $115 $92,000

Model E 400 $140 $56,000

Explanation:

Product Quantity Cost Per Unit Market Value (NRV)

Class 1:

Model A 300 $140 $125

Model B 500 $90 $112

Model C 150 $60 $59

Class 2:

Model D 800 $120 $115

Model E 400 $140 $145

When a company records inventory at lower of cost or market value, it will record its inventory at whichever price is lower. E.g. if NRV is lower than purchase cost, then inventory is recorded at NRV. If purchase cost is lower than NRV, then inventory will be recorded at purchase cost.

Models B and E should be recorded at purchase cost while models A, C and D should be recorded at NRV.

Product Quantity LCM Total

Class 1:

Model A 300 $125 $37,500

Model B 500 $90 $45,00

Model C 150 $59 $8,850

Class 2:

Model D 800 $115 $92,000

Model E 400 $140 $56,000

8 0

2 years ago

Assume you are the COO of Barcelona Restaurants and you are in a heated disagreement with one of your restaurant managers over h

AlexFokin [52]

Answer:

The correct answer is letter "C": Accommodating.

Explanation:

By accommodating managers have to adjust their plans according to current situations happening at the workplace. Problematic situations must be solved quickly but they can also represent a chance to spot weaknesses of the organization that should be reviewed. If a method of working shall be modified or if there is a need to use the company's resources to make adjustments on the issue, top managers have the power to do so.

Thus, accommodating will be useful for the COO of Barcelona Restaurants to join his method of working with one of the manager's style.

7 0

2 years ago

An investor buys a property for $608,000 with a 25-year mortgage and monthly payments at 8.10% APR. After 18 months the investor

vesna_86 [32]

Answer:

$71,520

Explanation:

we must first determine the monthly payment:

monthly payment = present value / annuity factor

present value = $608,000
PV annuity factor, 0.675%, 300 periods = 128.46

monthly payment = $608,000 / 128.46 = $4,732.99

Then I prepared an amortization schedule using an excel spreadsheet. After the 18th payment, the principal balance is $596,005.

The investor will have $667,525 - $596,005 = $71,520

Download pdf

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2 years ago

1. Scenario: Stephanie has been driving for four years without any major auto accidents-until today. It was pouring rain when sh

Dmitry [639]

C. 85,000 of the insurance is 100,000 for a bodily injury

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2 years ago

Hallie created her career plan in high school to become a Biologist. She earned her bachelor’s degree as required by her career

shusha [124]

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2 years ago

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