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lord [1]
3 years ago
5

A taco company is losing business to a new restaurant down the road. To try to gain business back, the taco company launches an

oral marketing campaign to say that the new restaurant's tacos are such poor quality that 75 percent of customers who eat the tacos get diarrhea. The taco company completely lied about this rumor and had no evidence to back up this assertion. Which type of tort is this scenario a possible example of?
Business
1 answer:
Nuetrik [128]3 years ago
5 0

Answer:

Defamation

Explanation:

A tort  is a wrongful act which leads to a legal liability against the party doing it. It is an infringement of right or misguiding people by spreading false statements against someone.

Here in this example A taco company losing its business to a new restaurant started making oral statements regarding the poor quality of the tacos offered by the new restaurant.

The taco company completely lied and will be liable legally for this tort because it do not have any legal prove for its oral statements to support itself. Its an example of defamation because the taco company tried to defame that is to spoil the image or goodwill of the new restaurant through spreading rumors against the food quality of the new restaurant.

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Units Unit Cost Inventory, Jan. 1 8,000 $11 Purchase, June 19 13,000 12 Purchase, Nov. 8 5,000 13 If 9,000 units are on hand at
Lostsunrise [7]

Answer:

The answer is: $100,000

Explanation:

Under LIFO (last in, first out) costing method, we use the oldest costs are used to determine the ending inventory:

We were given the following data:

  • Jan. 1: 8,000 purchased at $11 per unit
  • June 19: 13,000 purchased at $12 per unit
  • Nov. 8: 5,000 purchased at $13 per unit

If the ending inventory had 9,000 units, then its total cost is:

Ending inventory = (8,000 units x $11 per unit) + (1,000 units x $12 per unit)

Ending inventory = $88,000 + $12,000 = $100,000

3 0
3 years ago
Under what condition will a monopoly firm incur losses?
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<span>A monopoly would have to make it so the marginal revenue is less than the marginal cost, and in return, the monopoly would end up losing money instead of gaining money. This means that they are spending more money than they are making.</span>
3 0
3 years ago
Substitutes have a(n): Please choose the correct answer from the following choices, and then select the submit answer button. in
hjlf

Answer: positive cross elasticity of demand.

   

Explanation: In simple words, cross elasticity refers to the degree of change in the demand of a good with respect to change in the price of another goods.

In case of substitute goods, one good can easily be used in the place of another good. Thus, if the price of one good increases the demand for its substitute good also increases.

Hence from the above we can conclude that substitute goods have positive cross elasticity.

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Is the South African post office a natural or artificial monopoly?motivate​
stepan [7]

Answer:

The public goods school in economics is getting disproved as we speak about natural monopolies.

Explanation:

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On 20/07/2019, "ABC" Company sold goods to customer "X" with a total value of $120.000 The customer pad
shepuryov [24]

Answer:

1) total sales revenue = $120,000

this amount holds regardless of how much money was collected in cash or if an account/note receivable was recorded

2) the company must recognize interest revenue:

principal = $72,000

interest revenue = $72,000 x 10% x 40/360 days = $800

Dr Interest receivable 8000

    Cr Interest revenue 800

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