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
const2013 [10]
2 years ago
13

Assume that you live in California and are on vacation, traveling by car from California to Texas. You are injured in a motel ro

om when the bed on which you are sleeping collapses, causing you to fall to the floor. You suffer substantial back and leg injuries, requiring many medical treatments and causing you to miss work for 15 weeks. Your medical bills total $50,000 and your lost wages total $15,000. You intend to sue the owner of the Texas motel.
Required:
a. Can you bring your case in federal court? Why or why not?
b. Can you commence the case in California? What additional information might you need to answer this question?
c. At the end of the trial, the jury awards you $100,000 ($50,000 for medical, $15,000 for lost wages and $35,000 for punitive damages). After the trial, the attorney for the hotel approaches and offers to settle the case for $50,000. Should you consider accepting the settlement? Why or why not?
Business
1 answer:
nevsk [136]2 years ago
7 0

Answer:

a. No.  A state court will do a better job in this case because it exercises unlimited jurisdiction.  Moreover, you can only bring your case to a federal court if the amount of your claim is up to $75,000 or the issue is exclusive to the federal court.  This is not the case here.

b. Yes and No.  We need some additional information about the accident location to help answer this question definitively.

c. No. You should not consider accepting the offered settlement.  The jury award is meant to pay for your medical bills and also to help you recover financially as though the accident did not happen in the first place.  Accepting any lesser amount after the judgment is rendered is in bad taste.  The other party should have negotiated to settle out of court before the final judgment was rendered.  But it did not.  So, go with the jury award.

Explanation:

a) Data and Calculations:

Missed work for 15 weeks

Total medical bills incurred = $50,000

Total lost wages incurred = $15,000

Jury award = $100,000 ($50,000 for medical, $15,000 for lost wages and $35,000 for punitive damages)

Settlement offer = $50,000

You might be interested in
Willow Springs produces various wooden bookcases, tables, storage units, and chairs. Which of the following would be included in
DENIUS [597]

Answer: The correct answer is "e. Transfer of chairs from the assembly line to the staining facility and storage of completed bookcases in inventory. ".

Explanation: The statement "e. Transfer of chairs from the assembly line to the staining facility and storage of completed bookcases in inventory. " would be included in a listing of the company's non-value-added activities.

An activity is everything that consumes resources. The resources consumed can be tangible (materials, time, money) and intangibles (mood, effort, illusion).

Value is what someone appreciates. In economic activities we refer to value as "what someone is willing to pay" for your product. That someone would be the customer. If the Client does not pay it, it is because he does not appreciate it, it does not give it value.

<u>In this case, the activities that do not clearly generate value are "transfer" and "storage". Although there are activities that do not generate value but are necessary such as transfer, storage could be eliminated or optimized so that it is not an activity that limits production or increases costs.</u>

6 0
2 years ago
The Assembly Department of​ GigaGo, Inc., manufacturer of​ computers, had 2 comma 000 units of beginning inventory in​ September
Alenkasestr [34]

Answer:

8,000 units need to be accounted for

Explanation:

The Weighted Average  method Calculates the cost per unit by Adding the costs in Opening Work in Process and the Costs added in process department during the period. This cost is then divided by the the Sum of units in closing Work in Process and units of Completed goods.

The Units that needs to be Accounted for is the <em>Sum of</em> the units in Opening Work In Process and the units Transferred into the Assembly Department.

7 0
2 years ago
Halifax Manufacturing allows its customers to return merchandise for any reason up to 90 days after delivery and receive a credi
kupik [55]

Answer and Explanation:

1.a. The Journal entries are shown below:-

Refund liability Dr, $328,000

         To Account Receivables $328,000

(Being actual sales return of merchandise sold is recorded)

b. Inventory Dr, $229,600 ($328,000 × 70%)

          To Inventory—estimated returns $229,600

(Being cost of merchandise returned for goods is recorded)

c. Sales returns Dr, $266,000 ($594,000 - $328,000)  

         To Accounts receivable $266,000

(Being actual sales return of merchandise is recorded)

d. Inventory Dr, $186,200 ($266,000 × 70%)

        To Cost of Goods Sold $186,200

(Being cost of merchandise returned for goods is recorded)

e. Sales returns Dr, $ 307,000

           To  Refund liability $307,000

(Being year-end adjusting entry for estimated returns is recorded)

f. Inventory Dr, $214,900  ($307,000 × 70%)

      To Cost of Good Sold $214,900

Estimated returns of 2021 sales = 5% × $12,100,000      $ 605,000

Less: Actual returns of 2021 sales                                  ($266,000)  

Remaining estimated returns of 2021 sales                     $ 339,000

2. The computation of amount of the year-end refund liability after the adjusting entry is shown below:-

Beginning balance in refund liability            $360,000  

Less: Actual returns of pre-2021 sales        ($328,000)  

Add: Adjustment needed                               $307,000  

Ending balance                                              $339,000

6 0
2 years ago
In your own words, briefly describe the benefit of each type of alert below: a. Low Balance b. Mobile Deposit c. Unusual Activit
pshichka [43]

Answer:

Explanation:

a. Low Balance: You can set up your bank account for this alert on a threshold which you want to make. This alert inform you about the low balance in your bank account when it touches to the threshold you set up that may be any amount for example 50$ or 500$ or 1000$ so that you know that you shouldn't . It facilitate you to safe from the expenses like OD etc.

b. Mobile Deposit. You always receive a text message whenever you used your smartphone to deposit the check with it. It may be act as a receipt for the check submission while using with your smartphone.It also provide you a facilitation when the check is cleared and deposit received in your bank account

c. Unusual Activity. This type of alert message received while bank detects an unusual activity which could be fraud etc.For example the transactions which are made unusual and which may not be your regular activity with your account.It could also occur when your account transaction has been made outside of your normal living etc area

2.

The most important type of alert would be the Unusual Activity as it involves the risk more that other two alerts.

5 0
2 years ago
This program will store roster and rating information for a soccer team. coaches rate players during tryouts to ensure a balance
Vedmedyk [2.9K]

Answer:

Explanation:

#include <iostream>

#include <vector>

using namespace std;

int main() {

   vector<int> jerseyNumber;

   vector<int> rating;

   int temp;

   for (int i = 1; i <= 5; i++) {

       cout << "Enter player " << i

            << "'s jersey number: ";

       cin >> temp;

       jerseyNumber.push_back(temp);

       cout << "Enter player " << i

            << "'s rating: ";

       cin >> temp;

       rating.push_back(temp);

       cout << endl;

   }

   cout << "ROSTER" << endl;

   for (int i = 0; i < 5; i++)

       cout << "Player " << i + 1 << " -- "

            << "Jersey number: " << jerseyNumber.at(i)

            << ", Rating: " << rating.at(i) << endl;

   char option;

   '

   while (true) {

       cout << "MENU" << endl;

       cout << "a - Add player" << endl;

       cout << "d - Remove player" << endl;

       cout << "u - Update player rating" << endl;

       cout << "r - Output players above a rating"

            << endl;

       cout << "o - Output roster" << endl;

       cout << "q - Quit" << endl << endl;

       cout << "Choose an option: ";

       cin >> option;

       switch (option) {

           case 'a':

           case 'A':

               cout << "Enter a new player's"

                    << "jersey number: ";

               cin >> temp;

               jerseyNumber.push_back(temp);

               cout << "Enter the player's rating: ";

               cin >> temp;

               rating.push_back(temp);

               break;

           case 'd':

           case 'D':

               cout << "Enter a jersey number: ";

               cin >> temp;

               int i;

               for (i = 0; i < jerseyNumber.size();

                    i++) {

                   if (jerseyNumber.at(i) == temp) {

                       jerseyNumber.erase(

                               jerseyNumber.begin() + i);

                       rating.erase(rating.begin() + i);

                       break;

                   }

               }

               break;

           case 'u':

           case 'U':

               cout << "Enter a jersey number: ";

               cin >> temp;

               for (int i = 0; i < jerseyNumber.size();

                    i++) {

                   if (jerseyNumber.at(i) == temp) {

                       cout << "Enter a new rating "

                            << "for player: ";

                       cin >> temp;

                       rating.at(i) = temp;

                       break;

                   }

               }

               break;

           case 'r':

           case 'R':

               cout << "Enter a rating: ";

               cin >> temp;

               cout << "\nABOVE " << temp << endl;

               for (int i = 0; i < jerseyNumber.size();

                    i++)

                   if (rating.at(i) > temp)

                       cout << "Player " << i + 1

                            << " -- "

                            << "Jersey number: "

                            << jerseyNumber.at(i)

                            << ", Rating: "

                            << rating.at(i) << endl;

               break;

           case 'o':

           case 'O':

               cout << "ROSTER" << endl;

               for (int i = 0; i < jerseyNumber.size();

                    i++)

                   cout << "Player " << i + 1 << " -- "

                        << "Jersey number: "

                        << jerseyNumber.at(i) << ", Rating: "

                        << rating.at(i) << endl;

               break;

           case 'q':

               return 0;

           default:

               cout << "Invalid menu option."

                    << " Try again." << endl;

       }

   }

}

4 0
1 year ago
Other questions:
  • When carter first moved into his neighborhood, he noticed hundreds of frogs on the roads after a rain storm. lately, carter has
    12·2 answers
  • The three ways to identify an opportunity include ________. reading books, solving a problem, and findings gaps in the marketpla
    11·1 answer
  • During which stages of the distribution channel do logistics functions take place?
    11·1 answer
  • When American Airlines decided to review new ideas aimed at first-class passengers on very long flights, like an ultra high-spee
    13·1 answer
  • The three basic production strategies for addressing the aggregate planning problem are the chase production strategy, the level
    15·1 answer
  • Suppose the market for tortillas is initially in equilibrium, but then the equilibrium wage rate and the equilibrium quantity of
    10·1 answer
  • Fahad works for a company that markets all of Celextron's products. Fahad's company acts as the marketing department for Celextr
    15·1 answer
  • Granfield Company has a piece of manufacturing equipment with a book value of $44,000 and a remaining useful life of four years.
    6·1 answer
  • The Nelson Company has $1,750,000 in current assets and $700,000 in current liabilities. Its initial inventory level is $490,000
    13·1 answer
  • In a sell or process further decision, which of the following costs is relevant?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!