1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
hram777 [196]
3 years ago
6

Brady knows that the brakes on his car do not work, but he tells celia, a potential buyer, that there are no problems with the c

ar. on this assurance, celia buys the car. on learning the truth, she may sue brady for
a. trade libel.
b. conversion.
c. fraudulent misrepresentation.
d. appropriation.
Business
1 answer:
Pachacha [2.7K]3 years ago
6 0
<span>The correct answer would be C. Fraudulent Misrepresentation. In this case Bradley was fully aware that the brakes in his car do not work, just because he got a good buyer he knowingly did not disclose the faults with the car and lies that it is free of issues. This is called intentional Fraudulent Misrepresentation.</span>
You might be interested in
An S corporation earns per share before taxes. The corporate tax rate is​ 35%, the personal tax rate on dividends is​ 20%, and t
kiruha [24]

Answer:

$2.73

Explanation:

Question is incomplete. But assuming the company earn per shares before tax is $7 and the company pays a dividend of $2

Hence, the total amount of taxes paid is = Company earn per shares *  personal tax rate on​ non-dividend income

= $7 * 39%

= $7 * 0.39

=$2.73

8 0
3 years ago
ABC Corporation has 2.8 million shares of stock outstanding. The stock currently sells for $50 per share. The firm’s debt is pub
Hoochie [10]

Answer:

13.38%

Explanation:

The formula to compute WACC is shown below:

= Weightage of debt × cost of debt × ( 1- tax rate) + (Weightage of  common stock) × (cost of common stock)

where,  

Market value of equity = 2,800,000 × $50 = $140,000,000

Market value of debt = 10,000,000 × 95% = $9,500,000

Weighted of debt = Debt ÷ total firm

The total firm includes debt, preferred stock, and the equity which equals to

=  $140,000,000 + $9,500,000

= $149,500,000

So, Weighted of debt = ($9.5 million ÷ $149.50 million) = 0.0635

And, the weighted of common stock = (Common stock ÷ total firm)

                                                              = $140 million ÷ $149.50 million

                                                              = 0.9364        

And, the cost of equity = risk free rate of return + Beta × market risk premium

= 5% + 1.25 × 7%

= 5% + 8.75%

= 13.75%      

Now put these values to the above formula  

So, the value would equal to

= ( 0.0635 × 12%) × ( 1 - 35%) +  (0.9364 × 13.75%)

= 0.4953 + 12.88%

= 13.372%

7 0
3 years ago
Laws Corporation is considering the purchase of a machine costing $16,000. Estimated cash savings from using the new machine are
Stella [2.4K]

Answer:

14%

Explanation:

Let IRR from machine be represented with i

Now, $4,120 * Cumulative PV factor (i, 6 periods) = $16,000

Cumulative PV factor (i, 6 periods) = $16,000 / $4,120

Cumulative PV factor (i, 6 periods) = 3.883

Now, we refer to PV factor table, the PV Factor (3.883) falls nearest to i =14%. (See proof in the attached table as attached below)

So therefore, IRR = 14%

So, the machine's internal rate of return is closest to 14%.

5 0
3 years ago
The great disparity in economic prosperity between north and south korea can best be explained by the​ _____________.
Diano4ka-milaya [45]
Political and economic system differences
5 0
3 years ago
The management of an SBU is addressing the issue of whether through investment and a new
White raven [17]

Using a market development investment-driven strategy, the SBU (Strategic Business Unit) that can be transformed into a star is a question mark SBU.

The characteristics of a question mark SBU are:

  • high growth prospects
  • low market share
  • consumes a lot of cash
  • generates little returns
  • loses money

For the transformation of a question mark SBU, more investments and new strategies have to be brought in.

Thus, a question mark SBU has the highest potential to turn into a star if the market growth is high.

Read more about the BCG growth share matrix at brainly.com

7 0
3 years ago
Other questions:
  • What is one way GDP could be measured?
    7·1 answer
  • Given a stock index with a value of $1,200, an anticipated dividend of $45, and a risk-free rate of 6%, what should be the value
    12·1 answer
  • When saving documents, it is recommended that you keep utility bills: (
    11·1 answer
  • Which form does RESPA require lenders to use to detail the costs that the buyer and seller will pay at closing?
    11·1 answer
  • What is the residual value of a leased vehicle? A. The vehicles current selling price
    10·2 answers
  • International trade promotes economic growth when it allows any two countries to grow (in their combined production) beyond (abo
    5·1 answer
  • In emerging industries _________. a. product-differentiation efforts are focused on product refinement as a basis of product dif
    14·1 answer
  • McFann Co. has two divisions, L and H. Division L is the company's low-risk division and would have a WACC of 8% if it were oper
    9·1 answer
  • Which of the following is the least important in the sales process?
    5·1 answer
  • 3. If you are the victim of fraud in Oklahoma, the best place to start is by
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!