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avanturin [10]
1 year ago
10

An army pilot from State A was injured when his helicopter crashed due to a defect in the tail rotor. The helicopter was manufac

tured by a contractor, a private company incorporated and with its principal place of business in State B. The contractor produced equipment for use by the military pursuant to contracts with the United States government. The army pilot brought a strict products liability action in federal district court in State B against the contractor, alleging $200,000 in damages. The contractor seeks to assert a defense recognized and developed by federal courts for private defense contractors involved in contracts with the United States government. Although not set forth by federal statute or other federal rule, the defense has been used to allow private defense contractors to avoid tort liability under state law. State B does not recognize this defense. What law should the federal district court apply to this issue
Business
1 answer:
Anastasy [175]1 year ago
6 0
  • The district court will first determine if there is a conflict between state and federal law with regard to the matter at hand before deciding whether to apply state or federal law.
  • If there is a contradiction between the appropriate state and federal laws, the district court must determine whether a valid federal statute or Federal Rule addresses the contested matter.
  • If there is no applicable federal act or regulation, the court must decide whether federal common law or state law should be applied.
  • When a "uniquely federal interest" is at risk and a considerable conflict arises between that interest and the operation of state law, the Supreme Court has also acknowledged the application of federal common law.

<h3>Federal district court took decision -</h3>
  • If there are significant, overriding federal interests at stake that require the application of federal law, a federal court may still apply federal common law.
  • Such federal interests are evident in this case, as was previously discussed.

Learn more about federal district court brainly.com/question/12368109

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Required information
Triss [41]

Answer:

1. Ending inventory = $3519

2. Cost of Goods Sold = $21030

3. Sales Revenue = $27279

4. Gross Profit = $6249

Explanation:

FIFO method of inventory valuation is whereby the stock that first comes into the business, leaves first. This is common in perishable inventory such as vegetables or fruits.

Jan 1. Beginning inventory: 53 units x $45 = $2385

Total

53 units x $45 = $2385

Apr 7. Purchase 133 units x $47 = $6251

Total

53 units x $45 = $2385

133 units x $47 = $6251

Jul 16. Purchase 203 units x $50 = $10150

Total

53 units x $45 = $2385

133 units x $47 = $6251

203 units x $50 = $10150

Oct 6. Purchase 113 units x $51 = $5763

53 units x $45 = $2385

133 units x $47 = $6251

203 units x $50 = $10150

113 units x $51 = $5763

1. Ending inventory = 502 - 433 = 69 hence,

69 units x $51 = $3519

2. Cost of Goods Sold =

[$2385 + $6251 + $10150 + (44 units x $51)] = $21030

OR $24549 - 3519 = $21030

3. Sales Revenue =

433 units x $63 = $27279

4. Gross Profit = Sales Revenue - Cost of Goods Sold hence,

$27279 - 21030 = $6249

4 0
2 years ago
XYZ Zippers, Inc. wants to develop a new sales system that account executives can access over the Internet with a back-end custo
DanielleElmas [232]

Answer:

A programmer, a web designer, and a data analyst.

Explanation:

The programmer creates the sales system application. He will integrate key functionalities in the new software that will meet the companie's unique need.

The we designer will create a website that will give easy access to the newly developed sales system application. This will also involve content creation and user interface creation.

Data analyst will be in charge of managing client's data. Making sure data is secure and in a form that can be easily accessed and used.

5 0
3 years ago
What were African slaves most often sold to Europeans in exchange for
Harrizon [31]
The answer to your question is  Guns.
6 0
3 years ago
Read 2 more answers
Total asset turnover is computed as: multiple choice Average sales divided by average total assets Net sales multiplied by avera
Korolek [52]

Overall asset turnover is computed as internet sales divided via common total assets.

Asset turnover is the ratio of overall sales or revenue to average property. This metric facilitates buyers to apprehend how efficaciously groups are using their assets to generate income. traders use the asset turnover ratio to examine similar corporations inside an equal area or organization.

A higher ratio is favorable because it suggests a more green use of belongings. Conversely, a decreased ratio suggests the organization isn't using its belongings as effectively. This is probably because of extra production capability, terrible series strategies, or bad stock control.

The asset turnover ratio is the ratio between the cost of a business enterprise's sales or revenues and the fee of its property. it's far an indicator of the efficiency with which an employer is deploying its assets to provide sales. as a consequence, the asset turnover ratio can be a determinant of an organization's performance.

Learn more about asset turnover here: brainly.com/question/15413308

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6 0
1 year ago
Just do from 5 to 8. Thanks a bunch. Also no incomplete answers or reported. Also, I need this like in 7 hours
kicyunya [14]

Answer:

Could you be more clear!?

Explanation:

4 0
2 years ago
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