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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.

You might be interested in
Which activity is the fourth step in the decision-making process of solving a workplace problem?
Fofino [41]

Which activity is the fourth step in the decision-making process of solving a workplace problem? C. Implement the solution

The first step is is to identify the goal, then gather the information and generate alternatives, evaluate the consequences, implement the solution

When you implement the solution you are deciding the best choice after considering the alternatives and putting the plan into action.

5 0
2 years ago
Read 2 more answers
Anggarkan nilai bagi 11.4³.<br>A. 1731<br>B. 1500<br>C. 1331<br>D. 1000​
umka2103 [35]

Answer:

  • <u><em>option C. 1331.</em></u>

Explanation:

The question asks for an estimate of 11.4³.

To calculate 11.4³ exactly to must multiply 11.4 × 11.4 × 11.4.

But to have an estimate, the easiest way is to round 11.4 to 11 and find 11³ = 11 × 11 × 11.

That is not a difficult operation.

That is equal to 11² × 11.

  • 11² is a common square, which you should know that it is 121. Else, you can multiply 11 × 11 easily and obtain 121:

        11 × 11 = (10 + 1) × 11 = 110 + 11 = 121

  • Then multiply 11 × 121

         11 × 121 = (10 + 1) × 121 = 10 × 121 + 121 = 1210 + 121 = 1331

There you have your answer: option C. 1331.

3 0
2 years ago
A North Face retail store in Chicago sells 500 jackets each month. Each jacket costs the store $100 and the company has an annua
algol13

Answer:

1) What is the annual holding and ordering cost?

annual ordering cost = $100 x 12 = $1,200

annual holding cost = ($100 x 25%) x [500 x 1/2(average inventory)] = $6,250

total $7,450

2) On average, how long does a jacket spend in inventory?

= 30 days / 2 = 15 days

3) If the retail store wants to minimize ordering and holding cost, what order size do you recommend?

economic order quantity (EOQ) = √[(2 x annual demand x order cost) / annual holding cost per unit]

EOQ = √[(2 x 6,000 x 100) / 25] = √48,000 = 219.09 units ≈ 219 units

4) How much would the optimal order reduce holding and ordering cost relative to the current policy?

EOQ = 219

total number of orders = 6,000 / 219 = 27.4 per year

average inventory = 219 / 2 = 109.5 units

annual ordering cost = $100 x 27.4 = $2,740

annual holding cost = ($100 x 25%) x 109.5 = $2,737.50

total $5,477.50

annual savings = $7,450 - $5,477.50 = $1,972.50

6 0
2 years ago
Lillia is doing online research about using green energy. One Web site she finds is called, "Stop Killing the Polar Bears!" What
nadya68 [22]

When doing online research, you have to make sure that you are using credible source that present unbiased information. "Stop Killing the Polar Bears" seems to be an organization that will post biased information to persuade people to stop killing polar bears. Sites like this may post incorrect or incomplete information to make their case sound more appealing, but may not have the factual foundation to make them a credible source for research.

4 0
2 years ago
You are one of 5 identical firms (i.e., you all have the same costs) that sell widgets. Each day you have a fixed cost of $9 to
g100num [7]

Answer:

a. $1.5; b. 10 units; c. $7; d. $6

Explanation:

There are 5 identical firms in a market.

These firms sell widgets.

The fixed cost of each firm is $9.

The marginal cost of your first through fifth widgets are $1, $2, $3, $7, and $8, respectively.

a. The total variable cost for producing two widgets

= $1 + $2

= $3

The average variable cost

= \frac{TVC}{Q}

= \frac{3}{2}

= $1.5

b. The firms will supply the level of output where the price is able to cover the marginal cost of production.

At the price level $2.5, the marginal cost of producing 2 units i.e $2 is being covered. So the firms will supply 2 units each. The market supply will be 10 units.

c. The equilibrium price will be such that it is able to cover the marginal cost of production and the average variable cost.

The average variable cost

= \frac{TVC}{Q}

= \frac{13}{4}

= $3.25

That price is $7, so it will be the equilibrium price.

d. In the long run, the equilibrium price will be determined at the point where price equals ATC.

The total variable cost for producing two widgets

= $1 + $2 + $3 + $7 + $8

= $21

The total cost

= TFC + TVC

= $21 + $9

= $30

The average total cost

= \frac{TC}{Q}

= \frac{30}{5}

= $6

So, the long run price will be $6.

6 0
2 years ago
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