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tamaranim1 [39]
2 years ago
12

DFA, a Kansas cooperative, has its principal place of business in Kansas City, Missouri. Bassett, an international commodities b

roker and a Canadian corporation, has its principal place of business in Toronto, Ontario. Bassett is not qualified to do business in Missouri; has no agent for service of process, offices, property, bank accounts, telephone listings, or employees there; and does not advertise or promote its business there. Between July 2009 and February 2011, Bassett purchased more than 3.5 million pounds of dairy products from DFA in about 80 transactions totaling $5 million. The parties did not have a long-term contract, agreeing to each transaction individually by phone. Bassett communicated by phone and email with DFA's Missouri headquarters about delivery and billing. Bassett stopped paying on his account at DFA and DFA sued Bassett in Missouri for failure to pay. The district court dismissed the suit for lack of personal jurisdiction. The total amount due on the account was $220,000. ​
What type of case is this?
a. Court of claims
b. Civil matter
c. Bankruptcy matter
d. Small claims
Business
1 answer:
RideAnS [48]2 years ago
8 0

Answer:

The given case is a Civil Matter case.

Explanation:

Civil cases often involve individuals or organizations such as companies, generally regarding disputes over money - or any species of capital. A case of civil matter usually begins when one person or business  - the plaintiff -claims to have been prejudiced by the actions of another individual or organization - the defendant. The plaintiff then requests the court for deliverance by filing a complaint and starting a court case. The plaintiff may ask the court: 1. To award damages (money compensation); 2. For an injunction, to limit or require compulsory actions from the defendant; 3. To issue a declaratory judgment, in which the court determines the parties' rights under a contract or statute.

Eventually, to mitigate the case, the court - a judge or a jury - will determine the facts of the case and apply the appropriate legislation to it. Then, the court - or jury - will determine which legal consequences will occur given the parts' conducts.

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What is the relationship between organizational needs analysis and strategic planning? How can tying HRD programs to an organiza
s2008m [1.1K]

Explanation:

An organization's strategic planning comprises the organizational values, its mission, vision and objectives and defines a company's strategic action plans in detail so that its long-term objectives and goals are achieved.

To be effective, strategic planning must understand each system in the organization and correctly allocate the use of resources according to the needs of the company.

The analysis of organizational needs will help the company to monitor its resources and its influence on the internal and external environment, developing ideal alternatives in a market where there are changes in consumer behavior, innovation, new technologies, etc.

The programs of the human resources department must therefore be linked to the strategic plan of an organization, to facilitate requests for resources to develop and provide HRD programs, since the needs of personnel directly impact the way in which the strategic actions foreseen by the planning are developed. Organizational culture should be based on positive values ​​that seek to motivate employees to be productive and perform their duties with dedication and excellence, so HRD programs must be considered as an essential part of the development of the internal forces that will lead an organization to success.

5 0
2 years ago
Warner Company's year-end unadjusted trial balance shows accounts receivable of $99,000, allowance for doubtful accounts of $600
dsp73

Explanation:

The journal entry to record the uncollectible is shown below:

On December 31

Bad debt expense $800

        To Allowance for doubtful debts $800

(Being the bad debt expense is recorded)

The computation is shown below:

= Sales × estimated percentage - credit balance of doubtful accounts

= $280,000 × 0.5% - $600

= $1,400 - $600

= $800

5 0
2 years ago
Tad's tackle shop has a potential investment of $750,000 which generated a depreciation tax shield of $35,000 and a tax rate of
Bezzdna [24]
<span>Potential investment of the Tackle shop = $750000 Depreciation Tax Shield = $35000 Tax Rate for 2016 = 20% => T = 0.2 So we have a equation for depreciation, which goes like Depreciation Tax Shield = T(Depreciation ) => 35000 = 0.2(Depreciation) So the Depreciation = 35000/0.2 which gives $175,000 Depreciation = $175,000 So C is correct.</span>
8 0
2 years ago
Regional Investment Corporation (RIC) hires Sam, a real estate agent, to locate investment properties for RIC. Sam learns of a w
prisoha [69]

Answer:

A) breached the agent's fiduciary duties to the principal.

Explanation:

To be more specific, Sam broke the agent's the duty of loyalty towards the principal. An agent must act in the best interest of the principal, not on his own best interest. The agent is getting paid for performing a task on behalf of the principal, and by taking advantage of his position, the agent has clearly breached his contract with the principal. Therefore, the principal can sue the agent and recover for damages (tort suit).

7 0
2 years ago
Dexter Mills issued 20-year bonds one year ago at a coupon rate of 10.2 percent. The bonds make semiannual payments and have a p
lukranit [14]

Answer:

$1,190.93

Explanation:

In this question, we use the present value formula that is shown in the attachment. Kindly find it below:

Given that,  

Future value = $1,000

Rate of interest = 8.2%  ÷ 2 = 4.1%

NPER = (20 years - 1 years) × 2 = 38 years

PMT = $1,000 × 10.2% ÷ 2 = $51

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after solving this, the current bond price is $1,190.93

8 0
2 years ago
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