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monitta
1 year ago
7

Jackson motors tells sue, a consumer, that bliss automobiles are made with metal bodies when they are in fact made of fiberglass

. this would be considered a(n)?
Business
1 answer:
Step2247 [10]1 year ago
8 0

Jackson motors tells sue, a consumer, that bliss automobiles are made with metal bodies when they are in fact made of fiberglass. This would be considered a fraudulent misrepresentation.

Under contract law, a plaintiff can recover compensatory damages against any defendant when the court finds that the defendant has committed  a fraudulent misrepresentation. Courts will  find that a defendant has committed a fraudulent misrepresentation when following factors have been met:

a representation was made by the defendant, the representation  which was made was false

that when it is made, the defendant knew that the representation made by him was false.

that the fraudulent misrepresentation was made with the intention so that the plaintiff rely on it.

To know more about fraudulent misrepresentation here:

brainly.com/question/13808699

#SPJ4

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3 years ago
Dew Drop In, Inc. announces is quarterly dividend will increase from $3.80 to $4.00. After the announcement, the price of Dew Dr
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When there is increase in dividend paid or announced, and still the price does not increase, this is the situation where,

the investor expected even a higher rate of growth in dividend than the growth attained.

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3 years ago
As part of thinking about the _____, managers track the Consumer Price Index, manufacturing and retail inventory levels, and con
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Answer:

Economic Dimension

Explanation:

Economic dimension implies that the effect of economic factors on a particular circumstance which a company faces are taking into consideration while making a decision.

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The Consumer Price Index (CPI) measures the weighted average of prices of a basket of commodities like cloth, food, transportation, etc. This is calculated as average of the changes in prices of the chosen basket of goods and services.

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Consumer confidence measure can also be referred to as the Consumer Confidence Index (CCI) and it is the level of assurance which consumers display about general economic condition in a country through the way they spend or save.

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4 0
3 years ago
Assume that you are part of the accounting team for Logan Digital. The company currently expects to sell 362 units for total rev
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Full question attached

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3 years ago
A company had a beginning balance in retained earnings of $430,000. It had net income of $60,000 and declared and paid cash divi
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Answer:

b. $433,750

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The ending balance in retained earnings can be calculated as;

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Cash dividends = $56,250

= $430,000 + $60,000 - $56,250

= $433,750

Therefore, the ending balance in retained earnings is $433,750

4 0
2 years ago
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