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1 year ago

What is a worrisome consequence under the joint and several liability principle?

1 answer:

7 0

Each culpable party is responsible for its proportionate share of the damages. Damages are always the responsibility of all negligent parties.

What is joint and several liability?

Each party is individually liable for the entire extent of the damages caused by the tortious act when two or more people become jointly and severally responsible for that though.
As a result, if a plaintiff obtains a monetary judgment against all of the parties, they may each be held liable for the full amount of the verdict.
The other wrongdoers may then be asked to contribute to that party. The law of undivided injury is the name given to the idea of picking the defendant(s) against whom to seek damages.

The worrisome consequences are as previously mentioned, joint and several liability usually works in the plaintiff's favor because it raises the likelihood that every one of the damages granted will be recouped.

In contrast hand, it can be thought unjust for a party to suffer a disproportionate financial loss as a result of an unpleasant incident for which it had only a tiny responsibility.

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Kenny, Inc., is looking at setting up a new manufacturing plant in South Park. The company bought some land six years ago for $8

Zarrin [17]

Answer:

$34,590,000

Explanation:

Kenny incorporation is looking at setting up a new manufacturing plant in South park

The company purchased some lands six years ago $8.4 million

The land will net $11.2 million if sold today

The plant will cost $22.4 million to build

The site requires $990,000 worth of grading before construction

Therefore the proper cash flow can be calculated as follows

= opportunity costs + costs + upgradation

= $11,200,000 + $22,400,000 + $990,000

= $34,590,000

Hence the proper cash flow is $34,590,000

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3 years ago

Which of the following statements most accurately describes the state of banking in the U.S.?

trapecia [35]

Answer:

B. A large number of very large and small banks

I think

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3 years ago

You are designing an exploratory study on couples who have polyamorous relationships (i.e., they have multiple committed relatio

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Open-ended questionnaires

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3 years ago

a common measure of implicit attitudes is the task. this assesses how quickly a person can label the valence of an attitude obje

marissa [1.9K]

"Evaluative priming" refers to how quickly a person can identify an attitude object's valence when it appears right after a positive or negative image.

<h3>Define the term evaluative priming?</h3>

A technique known as a "evaluative priming exercise" (EP) uses phrases or images to prime participants before asking them to sort the words (or images) onto categories to uncover the underlying links between concepts.

A measure of implicit attitude based on the fact that the speed of evaluating a target attitude object is accelerated by a prime (i.e., this same prior presentation of a different attitude object)
Evaluatively consistent the with target and inhibited by such a prime which is evaluatively inconsistent also with target.

Thus, the task is a typical indicator of implicit sentiments. "Evaluative priming" measures how quickly a subject can categorize the valence of the an attitude item when it appears just after a favorable or unfavorable image.

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1 year ago

Erik is a sales representative for an established building materials manufacturer. Business is good, but he is concerned that th

RideAnS [48]

Without new products, Erik can market his current products only to his current market the same products to similar customers

<h3><u>Explanation:</u></h3>

New product development involves a lot of research work. This plays a vital role in making the newly developed product to be more successful. The research team must first identify the areas that can be improved with the requirements and feedback from their loyal customers.

But in the given example, Erick’s company is already successful with the developed product for more than five years. Hence, it is recommended for marketing the current products to the current customers and market the same products to similar customers.

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3 years ago