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ycow [4]
3 years ago
9

Able Trucking Corporation files a suit in a state court against Bob’s Service Company (BSC), and wins. BSC appeals the court’s d

ecision, as¬sert¬ing that the evidence presented at trial to support Able Trucking’s claim was so scanty that no reasonable jury could have found for the plaintiff. There¬fore, argues BSC, the appellate court should reverse the trial court’s de¬ci¬sion. Is the appellate court likely to reverse the trial court’s findings with re¬spect to the facts? Explain.
Business
1 answer:
xz_007 [3.2K]3 years ago
3 0

Answer:

Explanation:

An appellate court will reverse a lower court’s decision on the basis of the facts only

when the finding is clearly erroneous (that is, when it is contrary to the evidence

presented at trial) or when there is no evidence to support the finding. Appellate courts

normally defer to a trial court’s decision with regard to the facts of a case, however, for

several reasons. First, trial court judges and juries have the opportunity to observe

witnesses and tangible evidence first hand. The appellate court sees only a cold record of

the trial court proceedings and therefore cannot make the kind of judgments about the

credibility of witnesses and the persuasiveness of evidence that can be gleaned only from

firsthand experience. Second, as occurs when there is no jury and the case is heard by a

judge, trial judges routinely sit as fact finders. As a result, they develop a particular

expertise in determining what kind of evidence and testimony is reliable and what kind is not

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Answer:

These two are cash equivalents:

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Because they represent short-term investments that a company makes with the goal of getting rid of any excess cash that would otherwise be left unused while it is losing value because of inflation.

In other words, the main goal of investments in money market funds and three-month treasury bills, is to prevent cash from losing value due to inflation, and because of that, those investments are considered cash equivalents.

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Answer: the highest of the minimum wages.

Explanation:

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Answer:

Option (b) is correct.

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A machine with a cost of $142,000 and accumulated depreciation of $97,000 is sold for $56,000 cash. The amount that should be re
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