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oee [108]
3 years ago
5

Peter, who works at a go-kart manufacturing company, parts for karts co., became aware after talking with co-workers that he was

being paid substantially less than workers with the same experience and level of seniority. after noticing this, he decided to pursue a lawsuit against parts for karts co. for wage discrimination. however, when peter was hired, he had signed a binding arbitration clause in his work contract. when parts for ka
Business
1 answer:
Alik [6]3 years ago
3 0

Answer: The arbitrator displayed bias and exceeded her authority.

Explanation:

There is need for integrity and fairness when carrying out a job especially avoiding bias. It is also out of place and being unprofessional for an arbitrator or human resource to discriminate in decisions as regards employment; placing some on a better pay and position while another is not especially when they have the same criteria and experience for the job. Doing this is unethical and an exceed of authority.

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Which of the following is a result of over-diversification through acquisition? Select one:
Aleksandr-060686 [28]

Answer:

3) Corporations use acquisition as a substitute for innovation.

Explanation:

The fastest way in which a corporation can enter a new market or develop new products is through buying existing companies that already operate in the new target markets or have developed the new products that the corporation wishes to sell.

Research and development is very costly and time consuming, and on many occasions the results aren't even good or are not as good as expected. By acquiring a smaller company that has already developed the product, then the corporation might even save money.  

6 0
4 years ago
Lawrence is a buyer closing on a home purchase for which he's obtaining financing. He receives a Loan Estimate from his lender.
FromTheMoon [43]

Answer: The purpose of this document is to detail estimated closing costs for Lawrence's loan

Explanation:

From the question, we are informed that Lawrence is a buyer closing on a home purchase for which he's obtaining financing and that he receives a loan estimate from his lender.

The function of a loan estimate is to detail estimated closing costs for the loan that Lawrence's took. With the low estimate, Lawrence will have an idea of what he'll pay

6 0
3 years ago
Give two examples of situations in which prices gave you an incentive to purchase or not purchase a good or service.
Rasek [7]

Answer:

Prices play an important role in the decision making of an individual. It gives us information about the relative scarcity of the good and helps us decide if we want to purchase the good or not. Two examples can be,

a). When you buy a good in a sale. Sales give you an opportunity to buy what you wanted to at a price that is lower than usual.

b). When the price of Coke increases, you start consuming more Pepsi as they both are substitute goods. So, you would want to buy the cheaper one and not purchase the relatively expensive one.

4 0
3 years ago
Wilson Inc. developed a business strategy that uses stock options as a major compensation incentive for its top executives. On J
Sergeeva-Olga [200]

Answer:

Wilson's compensation expense in 2018 for these stock options was $258.50 millions

Explanation:

Compensation Expense in 2018 Stock Option =Estimated value of Option at Jan 1, 2013 = 26 Million X $47 = $1222 Million

Estimated value of Option at Jan 1, 2018=22 Million X $47

Estimated value of Option at Jan 1, 2018=$1,034 million

Options vest on January 1, 2022, therefore, Fair value is spread over 4 Years of vesting period= $1,034 million/4

Fair value is spread over 4 Years of vesting period=$258.50 millions

Wilson's compensation expense in 2018 for these stock options was $258.50 millions

4 0
3 years ago
The following transactions occur for Cardinal Music Academy during the month of October: Provide music lessons to students for $
Masteriza [31]

Answer:

a. Journal entry to record music lesson

Date         Account title and Explanation     Debit     Credit

October   Cash                                              $12,500

                       Service revenue                                    $12,500

                (To record music lesson for cash)

b. Journal entry to record prepaid insurance purchase

Date         Account title and Explanation     Debit     Credit

October   Prepaid insurance                         $3,660

                       Cash                                                        $3,660

                 (To record  prepaid insurance paid for next year)

c. Journal entry to record musical equipment purchased

Date         Account title and Explanation     Debit     Credit

October    Equipment                                    $15,500

                        Cash                                                      $15,500

                  (To record musical equipment purchase for cash)

d. Journal entry to record

Date         Account title and Explanation     Debit     Credit

October    Cash                                              $21,000

                        Notes payable                                       $21,000

                  (To record loan taken by signing a note)

6 0
3 years ago
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