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nadya68 [22]
4 years ago
5

Frank bought a diamond ring for his girlfriend from Bill. Bill told him he had given the ring to his fianc, who returned it when

she broke off the engagement. In fact, Bill had stolen the ring at a party. Frank had no reason to know or suspect that the ring was stolen. What is Frank's liability in these circumstances?
Business
1 answer:
KiRa [710]4 years ago
8 0

Answer:

The correct answer is: Frank has committed no tort or crime

Explanation:

The crime is defined as a typical, unlawful, imputable, guilty action, subject to a criminal sanction and sometimes to objective punishable conditions. It involves a violation of criminal law. That is, an action or omission typified and punishable by law.

In this case, an action of this type is not configured for Frank, because due to the circumstances he did not take any undue action.

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Ingraham Inc. currently has $205,000 in accounts receivable, and its days sales outstanding (DSO) is 71 days. It wants to reduce
Mashcka [7]

Answer:

$125,165.49

Explanation:

Daily Sales Outstanding is computed by dividing Average Accounts Receivable over Daily Credit Sales.

In this case, if the DSO is 71, then the Daily Credit Sale is $2,887.3239($205,000/71).

Then, the old sales is $1,053,873.24 ($2887.3239 x 365).

If this is reduced by 15% after the policy is implemented, the new sales is $895,792.25 ($1,053,873.23-15%) and the new daily sales is $2,454.23 ($895,792.25/365).

Using these DSO formula, the new Accounts Receivable level will be $125,165.49 (51 x $2,454.23).

4 0
4 years ago
What is data and knowledge management affect research and development?
Damm [24]
It coverage towers to towers internet connection
4 0
3 years ago
Criticism is only good when you know about the problem beforehand.
statuscvo [17]
I assume this is a true or false question. 

False. 
Why is criticism needed anyway? Don't we have enough of that already?
We all know, by logic, what hurts others and what may bother them. Criticism is the act of picking on something with the intention of dislike. 

If further explanation is needed, just comment below and I'd be glad to assist. 
4 0
3 years ago
Read 2 more answers
The ________ phase of the customer relationship management process is where organizational learning occurs based on customer res
k0ka [10]

Answer:

The<em> <u>analysis and refinement</u></em><u> </u> phase of the customer relationship management process is where organizational learning occurs based on customer response to the implemented strategies and programs.

6 0
3 years ago
Read 2 more answers
Kosakowski Corporation processes sugar beets in batches. A batch of sugar beets costs $73 to buy from farmers and $17 to crush i
Neko [114]

Answer:

$11

Explanation:

Calculation for how much more profit (loss) that the company make.

Combined final sales value $148

($50+ $98)

Less: costs of producing the end products

Cost of sugar beets ($73)

Cost of crushing ($17)

Combined costs of further processing ($47)

($20+ $27)

Total costs of producing the end products ($137)

Profit (loss) $ 11

($148-$137)

Therefore how much more profit (loss) that the company make by processing one batch of sugar beets into the end products industrial fiber and refined sugar will be $11

6 0
3 years ago
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