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Artist 52 [7]
4 years ago
14

Logistics Trucking Company operates a fleet of fuel trucks. When one of the trucks is positioned to receive a load of biofuel, i

t strikes a storage tank owned by Metro Biofuel, Inc. For the cost of repairing the damage to the tank, Metro is most likely to be awarded
a. punitive damages.b. compensatory damages.c. contingency fees.d. none of the choices.
Business
1 answer:
nataly862011 [7]4 years ago
8 0

Option B

For the cost of repairing the damage to the tank, Metro is most likely to be awarded compensatory damages.

<u>Explanation:</u>

Compensatory damages are funds granted to a plaintiff to recompense for losses, damage, or added provoked loss. To acquire compensatory damages, the plaintiff has to demonstrate that a loss transpired and that it was attributable to the appellant.

The plaintiff must also be suitable to quantify the value of loss in the sights of the judge. Actual damages are meant to contribute funds to simply restore what was lost. General compensatory damages granted are more complicated, as these compensatory damages do not factor a financial payment

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What factors are encouraging financial institutions to offer overlapping financial services such as banking, investment banking,
Anna11 [10]

Answer:

B. I and II only

Explanation:

I. Regulatory changes allowing institutions to offer more services II. Technological improvements reducing the cost of providing financial services

7 0
4 years ago
Suppose Aiyanna's pizzeria currently faces a linear demand curve and is charging a very high price per pizza and doing very litt
snow_tiger [21]

Answer:

The correct answer is option A.

Explanation:

Price elasticity of demand measures the change in the quantity demanded due to a change in the price of the commodity. In order to increase the demand for pizza, Aiyanna decides to lower the price of pizza by 5% per week.  

With passage to time, the demand for a commodity becomes more and more elastic. This is because, with time, the consumers are able to get adjusted to price change.  So each successive week demand will become more price elastic.

7 0
3 years ago
The Whitesell Athletic Corporation's bonds have a face value of $1,000 and a 10% coupon paid semi-annually. The bonds mature in
aniked [119]

Answer:

Bond Price = $1213.18605 rounded off to $1213.19

Explanation:

To calculate the price of the bond today, we will use the formula for the price of the bond. We assume that the interest rate provided is stated in annual terms. As the bond is a semi annual bond, the coupon payment, number of periods and semi annual YTM will be,

Coupon Payment (C) = 1,000 * 0.10 * 6/12  = $50

Total periods (n) = 10 * 2 = 20  

r or YTM = 0.07 * 6/12 = 0.035

The formula to calculate the price of the bonds today is attached.

Bond Price = 50 * [( 1 - (1+0.035)^-20) / 0.035]  + 1000 / (1+0.035)^20

Bond Price = $1213.18605 rounded off to $1213.19

3 0
3 years ago
Most bands pursue a __________ style of subsistence economy.
AfilCa [17]
A foraging style of subsistence economy is what most bands pursue. The foraging method is primarily used when exploiting and utilising the various resources that can be found in the wild. One of the benefits, when the foraging method is used, is that the ability of the animals to survive most be improved.
8 0
3 years ago
According to Sheryl Connelly, Ford's global consumer trends manager, millennial buyers are less interested in cars as a status s
Mariana [72]
<h2><u>Answer:</u></h2>

The correct option is C (technological)

<h3><u>Explanation:</u></h3>

Sheryl, she's an abundance of learning about self-driving vehicles, to moving gender role jobs, to how and why organizations need to deal with building trust with purchasers.  

Her activity includes assuming the job of contrarian. At Ford she invests energy getting some information about their very own suppositions around their work. What's more, this is the job of the futurist, to present potential outcomes and different situations around the future and what could be. Innovation has accelerated the rate of progress and this is the reason the job of the futurist could easily compare to ever.

8 0
4 years ago
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