Answer:
Proximate cause (or legal cause) refers to an event that is related to an injury that a court may believe is the cause of the injury. It is seen as the primary factor that caused the injury. In order for proximate cause to be valid, it should have produced foreseeable legal consequences, and its negligence was the primary reason of the damages.
Answer:
Before tax minimun accepted rate of return = 25%
Explanation:
tax rate 40%
after.tax MARR 15%
<u>We need to covnert the after tax rate into before tax.</u>
Everything else is irrelevant for the calculation.
0.15 = before-tax X (1 - 0.40)
0.15/0.60 = .25
Answer:
Annual payment= $57,928
Explanation:
Giving the following information:
Allison and Nick anticipate they will require an annual income of $50,000 when they retire 15 years from now.
They expect to receive Social Security benefits of $20,000 per year at that time. In calculating their retirement savings need, the couple is assuming a 3% annual rate of inflation, an 8% return on investments, and a 25-year retirement period.
First, we need to calculate how much money they need on retirement:
25 years * 50000= $1,250,000
i=8%-3%= 5%
To calculate the annual payment we need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual payment
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (1,250,000*0.05)/[(1.05^15)-1]= $57,928
Primary functions are known as original functions. they are medium exchange and measure of value. (Main or Basic Functions)
secondary functions include standard of deferred payments, store of value and transfer of value. (Subsidiary or Derivative Functions)
Answer:
1.beliefs, actions
2.continue, receive
3.quit voluntarily, be terminated
4.terminate
5.violate
6.violate
7.did
Explanation:
The summary of the the composition above is about thomas who worked for non military arm of his company. He was then transferred to the military arm that specialises in the production of equipments for war.
Thomas then felt this was against his religious beliefs, and he reacted by by resigning from hi job. He applied for unemployment compensation with state but was denied.
This is against the rights of individuals irrespective of there beliefs
the following answers should suffice for the questions.
1.beliefs, actions
2.continue, receive
3.quit voluntarily, be terminated
4.terminate
5.violate
6.violate
7.did