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Afina-wow [57]
2 years ago
6

A recently established law school constructed its building in a quiet residential neighborhood. The law school had obtained all

of the necessary municipal permits for the construction of the building, which included a large clock tower whose clock chimed every hour. The chimes disturbed only one homeowner in the neighborhood, who had purchased her house prior to the construction of the building. The homeowner was abnormally sensitive to ringing sounds, such as bells and sirens, and found the chimes to be extremely annoying.
Required:
In a nuisance action by the homeowner against the law school, will the homeowner prevail?
Business
1 answer:
Roman55 [17]2 years ago
3 0

In a nuisance action by the homeowner against the law school, the homeowner will not prevail because the chimes do not disturb the other residents of the neighborhood.

<h3>What is a residential area?</h3>

A residential area refers to the place where there are residents or citizens living. This area will be utilized for living purposes, not business purposes. In this area there will be no manufacturing units will be established.

In this situation when the construction of the law school has been done, it clearly mentioned that they took all the required permission from the municipal authority. It shows that they have not violated any rules for construction.

The chimes disturbed only one homeowner which means that it was medical conditions due to which he get disturbed as others do not have any problem with the chimes.

In this situation the court will not prevail the case as the law school fulfilled all the requirements of construction, as well as homeowner, was sensitive to sounds so he can take treatment for the same.

Learn more about the residential area, here:

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The answer is Federal trade Commission.
The Federal Trade Commission (FTC) is established in 1914 by using the federal trade commission act, and this is an independent agency of the United States government whose primary venture is the advertising of consumer safety and the removal and prevention of anti competitive business practices which also includes coercive monopoly.
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3 years ago
Can someone answer the last 2
alina1380 [7]
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7 0
4 years ago
What is the interest expense on December 31?
Ainat [17]

The interest expense on December 31 of the first year is <u>$5,250</u>.

<h3>What is the interest expense on bonds?</h3>

The interest expense for a bond that has the same coupon rate as the market rate is always the same for all periods of the bond.

This shows that the bond was issued at neither premium nor discount but at par.

<h3>Data and Calculations:</h3>

N (# of periods) = 20

I/Y (Interest per year) = 7.5%

PMT (Periodic Payment) = $5,250 ($140,000 x 7.5% x 1/2)

FV (Future Value) = $140,000

Results:

PV = $140,000.00

Sum of all periodic payments = $105,000 ($5,250 x 20)

Total Interest = $105,000

<h3>Schedule</h3>

Period        PV              PMT           Interest        FV

1           $140,000     $5,250 $5,250    $140,000

2          $140,000    $5,250         $5,250   $140,000

Thus, the interest expense on December 31 of the first year is <u>$5,250</u>.

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4 0
2 years ago
Robert Company purchased $100,000 of 8 percent bonds of Evergreen Corp. on January 1, 20x1, at $92,278. The bonds mature January
Annette [7]

On January 1st, 20x1, Robert Company paid $92,278 for $100,000 of Evergreen Corp.'s 8% bonds that were available for sale. 12% is the market yield. Interest is paid on April 30 and October 31 of each year. Bush is a company with a calendar year. The right response is $4,556,500.

On December 31x1, Fox should declare $4,556,500.

Bonds are currently valued $4,580,000.

$50,000 Bonds are currently valued $4,530,000.

From July 1 to December 31, the discount is amortised over a six-month period: Bonds are currently valued $4,580,000.

$50,000 Bonds are currently valued $4,530,000.

From July 1 to December 31, the discount is amortised over a six-month period: Interest Income = $226.00 ($4,530,00% x 10% x 6/12)

In terms of interest-bearing quantities, $5,000,000 times 8% times six months is $200,000.

Interest revenue less interest due is equal to discounted interest.

Discount amortised is calculated as $226500 less $200000, or $2650.

As a result, $4,530,000 + $26,500 is the total that Fox must declare as of December 31, 2020, multiplied by one.

Thus, On December 31x1, Fox should declare $4,556,500.

Visit for more information on payment

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