Answer:
Negligence Per Se
Explanation:
The reason is that a person is found negligent because the level duty of care he was supposed to adhere was not sufficient and also that he was talking on his cell phone, which is not allowed according to traffic rules. The Taxi driver is required to compensate Kayla for the loss arising due to his negligence. Kayla can sue him in the court by saying that Jerry was negligent.
Answer:
A
Explanation:
The following steps would be taken to determine the answer
- Calculate depreciation expense given the initial information
- calculate the accumulated depreciation by the third year. Accumulated depreciation is sum of depreciation expense
- subtract the accumulated depreciation from the cost price of the asset. This would give the book value
- calculate the depreciation expense using the new information and the book value
Straight line depreciation expense = (Cost of asset - Salvage value) / useful life
($100,000 - $10,000) / 12 = $7500
Depreciation expense each year is $7500
Accumulated depreciation = $7500 x 2 = $15,000
Book value at the beginning of year 3 = $100,000 - $15,000 = $85,000
($85,000 - $2800) / 4 = $20,550
Answer:
<u><em>Financial</em></u> information such as:
Rate of return
Initial capital needed
<u><em>Context</em></u> information such as:
Competitors
Legal Barriers
B. Work/life balance so he can spend time with his children
What are the options to choose from?
