answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
bekas [8.4K]
2 years ago
8

Mike's is a highway construction company. Mike's is laying a highway through the mountains in West Virginia. At one spot they ha

ve to blast a hole through some rocks. Myra is hiking along the side of the road when the explosion occurs. She is thrown down by the explosion and breaks her leg. If she sues Mike's, she will: Group of answer choices lose based on consent lose based on assumption of risk lose based on contributory negligence win based on strict liability will win based on intentionality
Business
1 answer:
dexar [7]2 years ago
8 0

Answer:

win based on strict liability

Explanation:

Strict liability is a liability that is imposed on party by the claimant that proves that an action occurred and the defendant is responsible for it.

This provision does not require the claimant to prove a fault by the defendant. It is mostly used when an action is considered dangerous.

In this scenario Mike was blasting some holes in rocks. This is a dangerous activity that can cause harm.

Myra who broke her legs in the explosion only needs to prove Mike was responsible for the explosion that occurred for her to win based on strict liability provision.

You might be interested in
Blue Dingo uses a standard costing system. The company's standard costs and variances for direct materials, direct labor, and fa
Dafna1 [17]

Answer:

Actual Direct material cost = $81,500

Actual Direct labor cost = $187,500

Actual manufacturing overhead = $272,000

Explanation: kindly see attached picture for detailed explanation.

Variances ; Standard Cost Unfavorable Favorable Direct materials $ 80,000 Price variance $ 4,500 Quantity variance $ 3,000 Direct labor 184,000 Rate variance 2,700 Efficiency variance 6,200 Manufacturing overhead 271,000 Spending variance 4,000 Volume variance 5,000 Determine the actual costs incurred during the month of May for direct materials, direct labor, and manufacturing overhead.

7 0
2 years ago
Read 2 more answers
Although you were not fortunate enough to get Chipper's Golf Resort stock [ticker symbol: CHPR] as an IPO, you are still thinkin
kirza4 [7]

Answer:

The correct answer is A. the secondary market; prospectus.

Explanation:

The financial market is a component of the main capital goods market in which securities and securities that already have an offer in the main market are traded. Depending on the situation described, the potential buyer may choose to buy the traded shares that are on the secondary market, but for this it is necessary to evaluate the financial results described by the company in order to reinforce or reject their idea.

8 0
2 years ago
The revenues and expenses of Zenith Travel Service for the year ended August 31, 20Y4, follow:
Alisiya [41]

Answer:

Zenith Travel Service

Statement of Owner's Equity for the year ended August 31, 20Y4:

Capital as of September 1, 20Y3 = $456,000

Additional investment                          43,200

Retained Earnings                                 (8,400)

Drawings                                              (21,600)

Capital as of August 31, 20Y4        $469,200

Explanation:

a) Data and Calculations:

Additional investment = $43,200

Personal withdrawal = $21,600

Income Statement for the year ended August 31, 20Y4:

Fees earned                                  $899,600

Office expense            353,800

Miscellaneous expense 14,400

Wages expense          539,800     908,000

Net income/Retained earnings      ($8,400)

b) Zenith's statement of owner's equity is a financial statement that reports the changes in the equity section of Zenith's balance sheet during the year ended August 31, 20Y4. In other words, it reports the events that increased or decreased Megan Cox's equity over the course of the year from September 1, 20Y3 to August 31, 20Y4.

8 0
2 years ago
Jacoby Company received an offer from an exporter for 30,000 units of product at $15 per unit. The acceptance of the offer will
tresset_1 [31]

Answer:

The correct option here is D) $450,000.

Explanation:

The differential revenue from the acceptance offer is the additional amount of revenue that will be generated without affecting the revenue generated from the domestic sales in the normal course of operations.

The differential revenue from acceptance of offer can be calculated as -

= Selling price per unit per offer x number of units per offer

= $15 x 30,000

= $450,000

Therefore $450,000 is the differential revenue from the acceptance of offer.

6 0
2 years ago
Marigold Corp. has these accounts at December 31: Common Stock, $12 par, 5,200 shares issued, $62,400; Paid-in Capital in Excess
irina [24]

Answer:

Total Paid in capital = $81100

Total paid in capital and retained earnings = $124800

Total Stockholder's equity are = $114460

Explanation:

given data

Common Stock  = $12 par value 5200 shares

shares issued =  $62400

Paid-in Capital  = $18700

Retained Earnings = $43700

Treasury Stock  470 shares = $10340

to find out

stockholders' equity section of the balance sheet

solution

we get first Total Paid in capital that is

Total Paid in capital = shares issued  + Paid-in Capital   ..............1

Total Paid in capital = $62400  + $18700

Total Paid in capital = $81100

and

Total paid in capital and retained earnings = Total Paid in capital + Retained Earnings    .................2

Total paid in capital and retained earnings = $81100 + $43700

Total paid in capital and retained earnings = $124800

and

so Total Stockholder's equity are = Total paid in capital and retained earnings - Treasury stock   ..................3

Total Stockholder's equity are = $124800 - $10340

Total Stockholder's equity are = $114460

7 0
2 years ago
Other questions:
  • Jacob lost his wallet but did not report his credit card lost until 3 days later. When he checked his balance, he saw 5 unauthor
    13·2 answers
  • Arrange the types of investments in the correct order from the least risky to the most risky investment.
    8·2 answers
  • The three goals of sustainable development that include economic, environmental, and ethical sustainability are referred to as t
    7·2 answers
  • Moon Micro is a small manufacturer of servers that currently builds its entire product in Santa Clara, California. As the market
    7·1 answer
  • High self-monitoring consumers probably prefer ads that contain _____. text focusing on the benefits of the product or service v
    14·1 answer
  • Suppose that football tickets at your university are given away for free, and that there are still empty seats for all games. Ig
    9·1 answer
  • In 2009, the great recession finally took its toll on the Alamo Title company in San Antonio, Texas. The housing business was in
    7·1 answer
  • The HIJ bond has a current price of $800, a maturity value of $1,000, and matures in 5 years. If interest is paid semi-annually
    15·1 answer
  • Lion Management Services is considering an investment of $75,000. Data related to the investment are as follows:
    11·1 answer
  • Classifying all data in an organization may be impossible. There has been an explosion in the amount of unstructured data, logs,
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!