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lorasvet [3.4K]
3 years ago
14

Martin works as a pizza delivery person. He parks his bike outside Regalia Inc. To deliver an order. Meanwhile, a damaged book r

ack in Regalia, which is situated on the first floor of the building, falls down through an open window and crashes on his bike. However, no one admits to having seen the rack fall. Can Martin recover against Regalia for negligence?
Business
1 answer:
serg [7]3 years ago
6 0

Answer:

Martin works as a pizza delivery person. He parks his bike outside Regalia Inc. To deliver an order. Meanwhile, a damaged book rack in Regalia, which is situated on the first floor of the building, falls down through an open window and crashes on his bike. However, no one admits to having seen the rack fall. Can Martin recover against Regalia for negligence?

It is a dicey situation, if Regalia Inc has a parking lots and Martin did not use it rather he just parked at his convenience, then no one will be responsible for such but if he parked at allotted space for bikes and such occurrence happened then Regalia inc will bear the cost and pay for damages.

Explanation:

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On June 1, 2019, Irene places in service a new automobile that cost $21,000. The car is used 70% for business and 30% for person
worty [1.4K]

Answer:

a.$4,704

Explanation:

Depreciation rate applicable for 2nd year as per MACRS 5 year class property = 32%

So, Irene cost recovery deduction = $21,000 * 32% * 70% = $4,704

Hence, the cost recovery deduction for Irene in 2020 is $4,704.

4 0
3 years ago
An offer to enter into a contract can be terminated by
nalin [4]
Offer is a definite undertaking or proposal made by one person to another indicating a willingness to enter into a contract. The offer must be communicated to the offeree and must be <span>sufficiently definite and certain.</span>
An offer to enter into a contract can be terminated by lapse of time, r<span>evocation ,
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6 0
3 years ago
To estimate the company's WACC, Marshall Inc. recently hired you as a consultant. You have obtained the following information. (
frez [133]

Answer:

The correct answer is: 8.72%

Explanation:

Cost of debt K d = I (1 – t) + (-pi)/n

(SV + RV)/2

= 80(1 – 0.40) + (-75)/25

(1,000 + 1,075)/2

= 0.043 or 4.3%

Cost of equity K e = R f + b (R m – R f)

R m – R f = 5.5% = market risk premium

R f = risk free rate = 4.5%

B = beta = 1.2

K e = 4.5% + 1.2(5.5%)

= 11.1%

WACC = W d * K d + We * K e

= 35% * 4.3% + 65% * 11.1%

= 1.505 + 7.215

= 8.72%

3 0
3 years ago
At Park Incorporated, employees are allowed one-hour lunches, but it has become common that most stroll back fifteen minutes lat
Rudik [331]

Answer:

Social Factor - Cultural Norm

Explanation:

The behavior is common in all Park's employees so there isn't any individual factor which is affecting their behavior. Further, Social Factor (Cultural Norms) can be accounted for this impact.

  • Cultural norm: This habit has been developed as the cultural norm (particular behaviors which are accepted in society). Everyone is following it continuously and without guilt or intention of not repeating it.
3 0
3 years ago
Rey buys 4 cards for $10. He plots the point (4, 10) on a graph. All cards are the same price. He wants to see how much it would
Pachacha [2.7K]

Answer:

<u><em></em></u>

  • <u><em>True. The point (6,15) will be on the graph.</em></u>

Explanation:

Since all cards have the same price, there is a direct relation between the number of cards and the cost, with the unit price being the constant of proportionality.

The unit price is determined from the point<em> (4, 10)</em>, whihc means 4 cards for $10.

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Point <em>(6,15) </em>means that 6 cards cost $15. Is that true?

Use the constant of proportionality:

  • Cost = K × number of cards
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Hence, indeed the cost of 6 cards is $15, and that is represented by the point (6, 15).

5 0
3 years ago
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