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
Juli2301 [7.4K]
3 years ago
8

Ace Corporation engaged Kosier, CPA, to perform a consulting engagement. While driving to Ace's office, Kosier was involved in a

n automobile accident in which Norton was injured. The accident was solely Kosiers fault. If Norton sues both Ace and Kosier for the injuries Norton sustained, what will be the result?
Business
1 answer:
Keith_Richards [23]3 years ago
5 0

Answer:

The correct answer is B. Correct! Since Ace is not in control of the actions of Kosier (an independent contractor), Ace would  generally not be responsible for Kosier's torts.

Explanation:

An independent contractor is a person who is hired to do a specific job. It is said that she is her own boss because she controls how and where the work is done.

These people have greater freedom and only undertake to perform the specific function they agreed with the person owning a company. For example, the independent contractor agrees that he will serve clients at a 9 a.m. store. at 1 p.m. or that he will go to the meetings and prepare a report on the subject assigned to him. Outside these specific functions, the independent contractor controls how he manages his time.

You might be interested in
BPS reported the following data for its first year of operations: Sales Revenue $8,000 Cost of Goods Available for Sale 6,200 Op
Fittoniya [83]

Answer:

D. $952

Explanation:

The computation of the net income in the case when the LIFO is elected

Particulars AMount

Net sales    $7,232   ($8,000 - $640 - $128)

less : cost of goods sold ($6,200 - $820) $5,380

Gross Profit $1,852

Less: Operating Expenses   $900

Income before taxes $952

less: Income tax $0

Net income $952

Hence, the net income is $952

5 0
3 years ago
Why is it important to conduct market research on your target audience before building your marketing plan?
Margaret [11]
If you target who you are after and you will know how to reach them easier. You'll also be more focused plus more effective in your marketing strategies and be able to get a greater return on marketing investments.
3 0
3 years ago
Costs that are incurred in generating revenues during the period, but are not involved in the manufacturing process are referred
Vlad [161]

Answer:

Period costs

Explanation:

Period costs are Costs that are incurred in generating revenues during the period, but are not involved in the manufacturing process. These cost are not related directly to the production process. These costs cannot be capitalized on the company's balance sheet. They are expensed in the period in which they were incurred and are included in the financial statement during their assigned accounting period.

5 0
3 years ago
What is the difference between the Medicare and Medicaid programs?
xenn [34]
<span>A. Medicare provides health care for older people, while Medicaid provides health care for people with low incomes.</span>
6 0
3 years ago
Read 2 more answers
The Meduri fruit company is using the brand asset valuator tool from Young &amp; Rubicam. Meduri has surveyed a wide segment of
Vaselesa [24]

The correct answer to this open question is the following.

Although there are no options attached, we can comment on the following,

The dimensions of the company that are being used to arrive at that conclusion are the dimension of Marketing and the dimension of Strategy. The other two dimensions, Operations and Finances, are important two but are not really considered in the statement.

So it is positive that the Meduri fruit company is using a form of evaluation to find its place in the market and discover new opportunities that are being missed by some "corporative blindness." The brand asset valuator tool from Young & Rubicam is a recommended tool to find new things about your brand and see future possibilities, opportunities, and challenges. After finding its results, Meduri has to develop a marketing and brand strategy to fulfill those potentials and to reposition the brand in the mind of consumers.

4 0
2 years ago
Other questions:
  • Lap Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory in a par
    15·1 answer
  • Assume that securitization combined with borrowing and irrational exuberance in Hyperville have driven up the value of existing
    11·1 answer
  • Jarrett Baker is the founder of an enterprise software company located in Chevy Chase, Maryland. By looking at the income statem
    13·1 answer
  • Your firm needs a machine which costs $260,000, and requires $47,000 in maintenance for each year of its 10 year life. After 5 y
    10·1 answer
  • Elain's Inflatables earns service revenue by providing party planning services and inflatable playscapes. Elaine?'s Inflatables
    13·1 answer
  • Clothing Emporium was organized on January 1, 2021. The firm was authorized to issue 140,000 shares of $8 par value common stock
    5·1 answer
  • On January 1 of the current year, Anna and Jason form an equal partnership. Anna contributes $50,000 cash and a parcel of land (
    15·1 answer
  • Which of the following will be accomplished by efficient allocations of the factors of production?
    10·2 answers
  • In the buying center, ryan answers the phones, receives and opens the mail, and monitors the incoming email. He sorts through al
    8·1 answer
  • there are external vendors that stock and maintain magazine departments of the kmart retail establishment. they don't posess the
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!