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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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On January 2, 2018, Bonita Industries issued at par $2020000 of 5% convertible bonds. Each $1000 bond is convertible into 10 sha
Kryger [21]

Answer:

Bonita’s diluted earnings per share for 2018 would be  $3,80

Explanation:

<em>Step 1 Calculate the Basic Earnings Per Share</em>

Basic Earnings Per Share = Income Attributable to Common Stockholders / Weighted Average Number of Common Stocks

<u>Income Attributable to Common Stockholders</u>

Net income                                                           $902000

<em>less</em> Interest on bonds ($2020000×5%)×75%    ($75,750)

Income Attributable to Common Stockholders $826,250

Basic Earnings Per Share =$826,250 / 197000

                                           =$4,19

<em>Step 1 Calculate the Diluted Earnings Per Share</em>

Diluted Earnings Per Share =<em>Adjusted</em> Income Attributable to Common Stockholders / <em>Adjusted</em> Weighted Average Number of Common Stocks

<u>Adjusted Income Attributable to Common Stockholders</u>

Income Attributable to Common Stockholders $826,250

Add Interest on bonds ($2020000×5%)×75%    ($75,750)

Income Attributable to Common Stockholders $826,250

<u><em>Adjusted</em></u><u> Weighted Average Number of Common Stocks</u>

common stock outstanding                                           197000

add convertible bond ( $2020000/$1000×10 shares) 20200

Weighted Average Number of Common Stocks          217200

Diluted Earnings Per Share = $826,250/217200

                                              = $3,80

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6 0
3 years ago
Donovan Company incurred the following costs while producing 500 units: Direct Materials, $10 per unit; Direct Labor, $25 per un
Natali5045456 [20]

Answer:

Net operating income= 15,000

Explanation:

The absorption costing method includes all costs related to production, both fixed and variable. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.

<u>In this case, there is no beginning nor ending inventory. Fixed overhead is incorporated into the cost of goods sold in full.</u>

Sales= 500*100= 50,000

COGS= (10 + 25 + 15)*500 + 10,000= (35,000)

Gross profit= 25,000

Total selling and administrative costs= (5*500) + 7,500= (10,000)

Net operating income= 15,000

8 0
3 years ago
The right to trade an investment over a certain period of time is called a(n):
Sloan [31]
The right to trade in investment over a certain period of time is called C. Option.
3 0
3 years ago
An online clothing boutique decides to install a web or Internet cookie in the browser of each user who visits its site. The pur
____ [38]

Answer:

a practice that may have longer term implications on the ethics of personal privacy

Explanation:

Cookies are a tool that is used on websites to identify user browser history.

The information on a user's browsing habits is then used by businesses to tailor display information relevant to what they are usually interested in.

Usually they are a safe way to improve browsing experience, but they can be used by criminals to spy on people and gain unwanted access to their data.

Cookies save information about a user session by storing data like usernames.

There is a long term danger of having one's browsing history tracked without their consent

6 0
3 years ago
Santiago Incorporated has a constructing company in which he does major constructing jobs and also leases his heavy-duty equipme
Dafna11 [192]

Answer:

"Direct Method" is the right answer.

Explanation:

  • The direct approach provides a clearer overview of how a company receives currency. And therefore it is regarded as equivalent to the alternative manner.
  • Compared to the price of something like the money market account throughout the particular circumstance, the above direct method of registering cash balance somewhat from operations would be advised.
4 0
3 years ago
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