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o-na [289]
3 years ago
13

Robert steals a truckload of plasma televisions that belong to Karson Electronics Store. He then resells it to Stu-Mart, which i

s unaware of the stolen nature of the goods. Karson Electronics Store then traces the plasma televisions to Stu-Mart. Robert is also arrested for the theft. Which of the following is true for Karson's legal course for reclaiming the televisions or recovering damages?A) Stu-Mart is a good-faith purchaser here and as such does not have to hand over the televisions to Karson.B) Stu-mart must hand over the televisions to Karson as its title to the goods is void.C) Karson's only recourse is against Robert to claim damages.D) Karson's cannot reclaim the goods, but can sue Stu-Mart for negligence and damages.
Business
1 answer:
Snezhnost [94]3 years ago
3 0

Answer: The answer is B

Explanation:

Stolen goods are those goods that the seller has no right under the law to sell to the buyer because the seller does not have the legal title over the goods. The goods was sold to the buyer who is unaware of the stolen nature of goods, but stu- Mart.could have asked for more information about the goods to know if truly Robert is the real owner of the goods before buying from Robert the truck load of plasma television in the first instance .But since stu- Mart has not done so, stu - Mart has not committed any offence that is criminal, the person who is criminally liable for the stolen of the truck load of the television is Robert whose hands of the law had caught and will be severely punished for the offence he had committed.

However, The law says that ,the buyer has to return the goods back to the original owner of the goods because his title to the goods is void .

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The advantages of litigation are that it is private, quicker and less costly than alternative dispute resolution. True False
Aneli [31]

False

Explanation:

  • With litigation issues they don't get private, because every one can go to the court and will have knowledge of the dispute resolution process.

  • It is not always quicker also, it sometimes could take even more than a year before there will be a ruling over the dispute by the court. Mostly appealing to the court by both parties makes the resolution longer.

  • It is costly also, in terms of both time and money, a lawyer will have to be hired if the firm or individual doesn't have one and up and down transportation to and fro the court is all costly.

#learnwithbrainly

8 0
3 years ago
What do inflation rates measure?
My name is Ann [436]

Answer:

C. The speed with which general prices are rising

Explanation:

Inflation measures the rate at which the general prices of goods and services are increasing in an economy. During inflation, the purchasing power of a country's currency is eroded.  Inflation means a selected basket of goods will cost more this period than it did in the previous season.

The consumer price index or CPI is the most acceptable index used in determining the rate of inflation. Inflation may result from high economic growth where firms and individuals have increased incomes resulting in too much money in circulation.  A moderate level of inflation is required to promote spending and sustain favorable economic growth.

6 0
3 years ago
With recent reports of identity theft, Mr. Adams, the CEO of a construction company, is concerned about his employees' privacy,
Ket [755]

Answer:

Moral Rights

Explanation:

Mr. Adams' concerns with privacy and health and safety are key elements in the <u>Moral Rights</u> approach to deciding ethical dilemmas

5 0
3 years ago
Selected current year company information follows: Net income $ 17,753 Net sales 730,855 Total liabilities, beginning-year 101,9
Sveta_85 [38]

Answer:

6.03%

Explanation:

Calculation for the return on total assets

First step will be to find the assets at the beginning using this formula

Beginning year Assets =Beginning Total liabilities + Beginning Stockholders' equity

Let plug in the formula

Beginning year Assets=$101,932 + $216,935

Beginning year Assets=$318,867

Second step is to find the end of the year asset using this formula

End of the year assets = Ending Total liabilities + Ending Stockholders' equity

Let plug in the formula

End of the year assets=$121,201 + $148,851

End of the year assets = $270,052

Last step is to calculate for the return on total assets using this formula

Return on total assets = Net income/Average of total assets,

Let find the Total asset averages

Using this formula

Total asset averages=(Beginning year Assets+End of the year assets)/2

Let plug in the formula

Total asset averages($318,867 + $270,052)/2 Total asset averages=$588,919/2

Total asset averages= $294,459.50

Hence,

Return on total assets = Net income/Average of total assets

Return on total assets=$ 17,753/294,459.50

Return on total assets=0.0603

Return on total assets=6.03%

Therefore the return on total assets will be 6.03%

8 0
3 years ago
Jurisdiction M imposes an individual income tax based on the following schedule.
labwork [276]

Answer:

D) Both A. and B. are true.

  • A) The schedule provides no information as to whether Jurisdiction M's tax is horizontally equitable.
  • B) Jurisdiction M's tax is vertically equitable.

Explanation:

When we are talking about horizontal equity of a tax, we are talking about how the tax base is measured and the ability that taxpayers have to pay the tax. There is nothing here about tax base or taxpayers' ability to pay.

On the other hand, vertical equity deals with the tax rate structure. In this case, the tax rate is progressive, meaning that it increases as the taxpayers' income increases. Progressive taxes are vertically equitable.

8 0
4 years ago
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