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azamat
2 years ago
6

A driver brought an action for negligence against a motorcyclist in federal district court arising out of a car accident. The mo

torcyclist collided with the driver's car after he was unable to brake in the rain while driving down a hill. At the close of all evidence, the motorcyclist moved for judgment as a matter of law. The court denied the motion and submitted the case to the jury. Following a brief deliberation, the jury returned a verdict in favor of the driver, assessing $100,000 in damages. The court then entered judgment against the motorcyclist. Six months later, the manufacturer of the motorcycle issued a product recall for the brakes. The manufacturer had discovered that the brakes did not operate in the rain if the motorcycle was being driven downhill. Neither the manufacturer nor the motorcyclist was aware of this defect during the motorcyclist's trial, despite examination of the motorcycle by experts. At this point, what is the appropriate motion for the motorcyclist's lawyer to file
Business
1 answer:
Lera25 [3.4K]2 years ago
7 0

Given the case that is presented here the best thing for the lawyer to file would be a  Relief from judgment.

<h3>What is a relief from judgment?</h3>

This can be described as the motion that is made to a law court that has them asking for the correction of a mistake that was made in the given judgment.

This could be as a result of certain mistakes and oversights. From what is read here, neither the manufacturer or the cyclist was aware of the defect at the time that the trial was ongoing.

Read more on court judgments here:

brainly.com/question/1046966

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Villalpando Winery wants to raise ​$35 million from the sale of preferred stock. If the winery wants to sell one million shares
statuscvo [17]

Answer:

(a) $4.2

(b) $5.6

(c) $2.8

(d) $2.45

(e) $2.1

(f) $1.05

Explanation:

Given that,

Total amount of capital raised from the sale of preferred stock = $35 million

Number of shares = 1 million

Price per share = Total capital raised ÷ Number of shares

                          =  $35 million ÷ 1 million

                          = $35 per share

(a) If a Expected rate of return = 12 percent

Annual dividend = Price per share × Expected Rate of return

                            = $35 per share × 0.12

                            = $4.2

(b) If a Expected rate of return = 16 percent

Annual dividend = Price per share × Expected Rate of return

                            = $35 per share × 0.16

                            = $5.6

(c) If a Expected rate of return = 8 percent

Annual dividend = Price per share × Expected Rate of return

                            = $35 per share × 0.08

                            = $2.8

(d) If a Expected rate of return = 7 percent

Annual dividend = Price per share × Expected Rate of return

                            = $35 per share × 0.07

                            = $2.45

(e) If a Expected rate of return = 6 percent

Annual dividend = Price per share × Expected Rate of return

                            = $35 per share × 0.06

                            = $2.1

(f) If a Expected rate of return = 3 percent

Annual dividend = Price per share × Expected Rate of return

                            = $35 per share × 0.03

                            = $1.05

8 0
3 years ago
The value of a cash budget is that it helps you predict and supply your future cash needs.
shtirl [24]
For the answer to the question that is being asked and shown above, it is "TRUE." <span>The value of a cash budget is that it helps you predict and supply your future cash needs. This statement is true as far as the value of a cash is concerned.</span>
4 0
3 years ago
Which of the following most correctly demonstrates the opportunity cost of
Svetllana [295]

The opportunity cost of choosing to live in a rural area instead of an urban area is the accessibility to greater choices which is in terms of entertainment, food, and shopping. Thus, statement B is correct.

<h3>What do you mean by opportunity cost?</h3>

In microeconomic theory, the opportunity cost of a particular activity alternative is the loss of price or advantage that could be incurred through engaging in that activity, relative to engaging in an alternative activity providing a better return in value or advantage.

The opportunity cost of choosing to live in a rural area instead of an urban area is the accessibility to greater choices in terms of entertainment, food, and shopping. Thus, statement B is correct.

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3 0
2 years ago
Under a periodic inventory system: ______.a. the current inventory available for sale is always known. b. the merchandise invent
cupoosta [38]

Answer:

C) the merchandise inventory balance reflects the ending inventory.

Explanation:

When a company uses the periodic inventory system, inventory records are updated only at the end of each accounting period. The periodic inventory system records cost of goods sold (COGS) at the end of the accounting period after the inventory records have been updated.

6 0
3 years ago
In which industry would customer evaluations of employee performance be the most useful?
irina [24]

In service sector industry would customers evaluation of employee performance be the most useful.

This activity happens in the service sector industry, where customers evaluate the employee performance. When positive reviews are shared then this boosts staff morale.

So seeing this their actions have a beneficial impact on the lives of the customers can be very motivating. So, to gain real-world knowledge of how your employee and organization is viewed by your customer, the best advantage is securing customer evaluation.

Hence, without this knowledge, you will have little proof that your internal human resources controls affect the business, either negatively or positively.

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3 0
2 years ago
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