Answer:
The answer is given in detail below.
Explanation:
In the negligence case, the damages would be recovered if Frank (injured party) as a plaintiff would be able to prove that the Company's driver (Karen) owed him a duty of care, that the duty was breached by the company's driver, that the plaintiff (Frank) was injured and that the injury was caused due to the breach of the duty of care.
In the following case, the crane falling on Frank was the reason for his injury. Therefore, to prove that the duty of care was breached, Frank would have to connect the breach to the injury caused to him. This would require doing the foreseeability test, which questions the fact that the person who caused the injury could have reasonably foreseen the results of the action caused by them due to his or her misconduct. In this problem, the company's driver did breach the duty of reasonable care.
Shipping containers moving between trucks, ships and trains would ensure minimum disruption to cargo during transport from origin to destination.
This simplified the global logistics process overall and revolutionized international trade. Standardized containers have transformed the shipping and transport industry, allowing the transport of goods by rail, road, and ship easily, as the containers can fit onto different forms of transport with ease.
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Answer:
FIFO= $2,580
LIFO= $2,325
Explanation:
Giving the following information:
(1) 155 units at $7
(2) 410 units at $8
(3) 100 units at $9.
Assuming there are 310 units on hand.
FIFO (first-in, first-out) method:
Ending inventory= last units purchased
Inventory= 100*9 + 210*8= $2,580
LIFO (last-in, first-out)
Inventory= first units purchased
Inventory= 7*155 + 8*155= $2,325
Answer:
Four (4)
Explanation:
The normal balances of the listed accounts are as follows.
Accounts Payable: credit balance
Cash: debit balance
Prepaid Rent: debit balance
Common Stock: credit balance
Salaries Payable: credit balance
Equipment: debit balance
Supplies: debit balance
Rent Expense: debit balance
Four of the eight accounts have credit balances.
Answer:
B. Evaluation of Alternatives
Explanation:
Consumer- Decision Making
This is also know as Buyer decision making. It involves the decision making process that buyers or customers goes through before, during and after the purchase of a good or services. According to John Dewey, we have 5 stages, and these are:
1. Problem of need recognition
2. Information search
3. Evaluation of alternatives
4. Purchase
5. Post - Purchase behavior
The step described in the question is Step 3 which is EVALUATION OF ALTERNATIVES. At this stage, customers evaluate all the products available on a particular scale of attributes. The consumers or buyers narrows down the number of choices at this stage by comparing the advantages and disadvantages of the products. They assess the value of all the products so as to be able to make a decision for the purchase.