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Salsk061 [2.6K]
3 years ago
11

Which of the following acts would probably constitute minimum contacts that would allow an Ohio court to serve a Michigan defend

ant to obtain in personam jurisdiction over him?a. All of the contacts described provide sufficient contacts for in personam jurisdiction.b. None of the contacts described provides sufficient contacts for in personam jurisdiction.c. The Michigan defendant got into an automobile accident in Ohio.d. The Michigan defendant signed a contract in Ohio with an Ohio business.e. The Michigan defendant sold products in the state of Ohio that injured the purchasers.
Business
1 answer:
otez555 [7]3 years ago
4 0

Answer:

A) All of the contacts described provide sufficient contacts for in personam jurisdiction.

  • c. The Michigan defendant got into an automobile accident in Ohio.
  • d. The Michigan defendant signed a contract in Ohio with an Ohio business.
  • e. The Michigan defendant sold products in the state of Ohio that injured the purchasers.

Explanation:

In legal terms, in personam (Latin for "directed toward a particular person") means that a court can serve a defendant wherever he/she is.

In this case, a Michigan citizen can be judged in an Ohio court if he/she committed any of the cited actions:

  • participated in a car accident in Ohio
  • signed a contract in Ohio
  • sold products in Ohio

In other words, if you live in any state but are involved in certain events or business transactions in another state, you can be judged by a court of the other state.

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Anika [276]
The answer is "$6.88".

Sales tax rate = 7.4%
price of shoes = $93
Tax paid for a pair of shoes = 7.4% x $93
=7.4/100 x 93
= 0.074 x 93
= 6.882
= $6.88
5 0
3 years ago
Following are the accounts and balances from the adjusted trial balance of stark company
Lorico [155]

Answer:

                                STARK COMPANY  

                             INCOME STATEMENT  

                FOR THE YEAR ENDED DECEMBER 31  

PARTICULARS                                 AMOUNT $

Service Revenue                               20,000

<u>Expenses</u>

Supplies expense          200  

Interest expense            500  

Insurance expense        1,800

Utilities expense            1,300

Depreciation expense   2,000

Wages expense             <u>7,500</u>

Total expenses                                  <u>13,300</u>

Net profit                                            <u>6,700</u>

                            STARK COMPANY  

                 STATEMENT OF RETAINED EARNINGS  

                  FOR THE YEAR ENDED DECEMBER 31

                                                                                       Amount $

Retained earnings December 31 prior year end            14,800

Add- Net income           6,700

Less- Dividends             3,000                                           <u>3,700</u>

Retained earnings, December 31 Current year end     <u>18,500</u>

3.                                          STARK COMPANY  

            BALANCE SHEET FOR THE YEAR ENDED DECEMBER 31

Current Assets

Cash                               10,000

Accounts receivable      4,000  

Office supplies               800  

Prepaid insurance          <u>2,500</u>

Total current asset                           17,300

Non Current Assets

Buildings                            40,000

Less- Accumulated dep.    <u>15,000</u>  

Total Non Current Assets                <u>25,000</u>

Total Assets                                       <u>42,300 </u>

Liabilities

Current liabilities

Accounts payable     1,500  

Interest payable        100  

Notes payable           11,000  

Unearned revenue    800  

Wages payable          <u>400 </u>

Total Current liabilities                 13,800

Long term liabilities

Common stock      10,000

Retained earnings 18,500             <u>28,500</u>

Total liabilities and capital           <u>42,300</u>

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Answer:

The answer is human resource.

Explanation:

I hope this helps!

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Read 2 more answers
ssume you are the Chief Information Officer (CIO)1 of the company that you dream of (any company, real or hypothetical). Give a
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Internal threats originate from within the organization. The primary contributors to internal threats are employees, contractors, or suppliers to whom work is outsourced. The major threats are frauds, misuse of information, and/or destruction of information.

Explanation: An internal threat refers to the risk of somebody from the inside of a company who could exploit a system in a way to cause damage or steal data.

Employee Sabotage and Theft. ...

Unauthorized Access by Employees.

Weak Cyber Security Measures and Unsafe Practices. ...

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3 years ago
Maker Co. discovered that in the prior year it incorrectly calculated depreciation expense and reported $75,000 in depreciation
WARRIOR [948]

Answer:

The correct answer is D.

Explanation:

Giving the following information:

Maker Co. discovered that in the prior year it incorrectly calculated depreciation expense and reported $75,000 in depreciation expense instead of the correct depreciation expense of $50,000. The tax rate for the current year was 35%.

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Now, the effect on income:

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7 0
3 years ago
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