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Temka [501]
4 years ago
6

Richard grassgreen was executive vice president and then president and chief operating officer of kinder-care, inc., the largest

proprietary provider of child care in the country. the company was restructured in 1989 and changed its name to the enstar group, inc. between 1985 and 1990, while grassgreen served as the corporations investment manager, he invested millions of dollars of company money in junk bond deals with michael milken, and he secretly retained some $355,000 in commitment fees. when the corporation discovered this, grassgreen repaid the corporation. it sued him to recover any compensation paid him over the five-year period during which the secret payments were made, some $5,197,663. grassgreen defended that his conduct caused little, if any, damage to the corporation because the corporation did not lose any money on any of the investments for which he received personal fees. decide. [enstar group, inc. v. grassgreen, 812 f. supp. 1562 (m.d. ala.)]
Business
1 answer:
Andrew [12]4 years ago
7 0
That is toooooo much to read i am only in the 7th grade!!!
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What are the disadvantages if Jamir decides to purchase the car? Check all that apply.
dalvyx [7]

Answer:

He will have to come up with a bigger down payment.

His monthly payments will be higher.

Good luck:)

6 0
4 years ago
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Suppose that Greece and Switzerland both produce oil and shoes. Greece's opportunity cost of producing a pair of shoes is 4 barr
Iteru [2.4K]

Answer:8 barrels of oils per pair of shoe

Explanation:Greece and swizerland will need an average price by which they can both gain from trade.To ascertain the average price is by adding the 4 barrels of oil which Greece can forfeit and the 10 barrels of oil which Switzerland could also forfeit if it were into producing shoes.10+ 4 = 14/2 which almost 8 barrels to be given in exchange in other ensure a fair trade between both trading partners.

8 0
4 years ago
Jerome, Sheila, Gary, and Ella agreed to purchase a tract of land and make it available for use as a free playground for neighbo
lesya [120]

Answer:

Yes

Explanation:

The damages can be recovered as Jerome and Gary hung the playground swing improperly. A child was injured due to their negligent actions. The case will be on Meadowbrook Playground and not on the individual person who has committed the mistake. According to law, the damages can be recovered as the enterprise owned the whole property, and due to their carelessness in the installation of swing, the accident took place. The child's parent has every right to recover damages from the playground owner.

7 0
3 years ago
Mark is an excellent cook. He does not have any formal training but learned to cook by following the recipes of several famous c
Delvig [45]
Adam Smith is known as the Father of Modern Economics and is known as the author of "The Wealth of Nations". According to the passage above, the idea of Adam Smith that made Mark think of starting a restaurant business is self-interest. The correct answer is option B. Self-interest, according to Adam Smith, is when the individual owns the resources available, labor and capital, can make voluntary decisions to control the marketplace. This is the biggest motivator in the activity in the economy.
7 0
3 years ago
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In Florida it is customary for the seller to pay the document tax on the deed. If the sale price is $115,000, how much will the
Dennis_Churaev [7]

Answer:

805

Explanation:

The document tax which is to be paid by the seller in Florida on deed is $0.70 per $100 of the sale value.Based on this, the document tax on the sale price of $115,000 shall be calculated as follows:

Document tax=(Sale value/100)*0.70

Sale value=$115,000

Document tax=(115,000/100)*0.70

                       =1,150*0.70

                       =805

4 0
3 years ago
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