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finlep [7]
2 years ago
9

In Clemens v. McNamee, major league pitcher Roger Clemens sued McNamee, a trainer, over McNamee's statements to investigators an

d Sports Illustrated that he gave steroids to Clemens in Toronto and New York. Clemens, a Texas citizen, filed a defamation suit in Texas against McNamee, a citizen of New York, based on diversity of citizenship. The court decided___________
Business
1 answer:
schepotkina [342]2 years ago
5 0

The court decided in favor of the McNamee because he did not have sufficient minimum contacts to establish personal jurisdiction, since Texas was not the focal point of the story.  

Explanation:

The court gave his final decision in favor of McNamee. Clement has not received decision in favor of his though he suffered from distress and damage of his reputation in Texas. McNamee illustrated that he gave steroids to Clements who was an Texas citizen

Mc Namee was a citizen of New York. He did not have sufficient minimum contacts to establish personal jurisdiction. McNamee was a trainer. According to the national magazine there was no such detail of defamation was provided.

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If the coupon interest rate remains constant from the time of issue until the bond matures, then the bond is called afixed-rate
marta [7]

Answer:

Indenture

Deferred call provision

Explanation:

Indenture is defined as the contract that describes the terms of a borrowing arrangement between a firm that sells a bond issue and the investors who purchase the bonds.

A call provision is defined as the right that the issuer of a security has to call or redeem the security at certain times and under specific conditions.

The call provision in which the issuer is prevented from calling a portion or the entire issue for several years during the early years of the bond issue is called deferred call provision.

8 0
3 years ago
The budget components for Park Company for the quarter ended June 30 appear below. Park sells trash cans for $12 each. Budgeted
Dmitry [639]

Answer:

$96,000

Explanation:

Production  26,000 units

<u>Materials Purchase Budget</u>

Production Materials Required  (5×26,000 units)     130,000

Add Budgeted Closing Materials (50,000×20%×5)   50,000

Total Materials                                                             180,000

Less Budgeted Opening Inventory (4,000×5)          (20,000)

Budgeted Materials                                                     160,000

Material Cost per pound                                                $0.60

Total Material Cost                                                      $96,000

Therefore, the materials purchases budget will be for the month ending April 30 will be  $96,000.

7 0
3 years ago
Parkinson Company (PC) had a beginning balance of $86,000 and an ending balance of $90,000 in itslong-term marketable securities
algol [13]
B I think sorry if wrong :/
8 0
2 years ago
Explain how a consumer’s place of residence has an especially large impact on their purchase of sports and entertainment commodi
ElenaW [278]

Answer:

Concept: Business digression

  • Lets assume you live in Los Angeles CA
  • LA houses the Lakers, dodgers, and so many more big brand teams.
  1. A consumer which is defined as any person in a free and open market to openly trade their wealth and income in return for an item or service.
  2. Residence defined as the area that surrounded the immediate perimeter of the said consumer.
  3. Hence, by the principle of <u>socialization</u><u> </u>people are more inclined to buy sports gear to represent their teams and inclined to participate in consumer purchases based on their peers.
  4. It becomes the "lifestyle" and "ideal" personalities in a place such as LA and this inherently drives up sales of sports and entertainment commodities.
  5. The location, or residence directly <u>exposes</u> the consumer to the products in a market where it "hot" and in style/demand.
  6. Rate brainlist & give positive feedback.
8 0
3 years ago
Josefina is the only seller of sopapillas in town. Last week, she sold 200 sopapillas, and the marginal revenue of the 200th sop
Alex73 [517]

Answer:

Josefina is not maximizing her profits since she is making a loss of $0.25.

Explanation:

The marginal revenue is the total amount of revenue received from selling an additional unit of product while the marginal cost is the total cost incurred for producing an additional unit of product. The marginal cost and revenue can be compared to determine if producing and selling an additional unit is profitable or will cause a loss.

The profit/loss can be expressed as;

P/L=R-C

where;

P=profit

L=loss

R=total marginal revenue

C=total marginal cost

In our case;

P/L=unknown

R=marginal revenue per unit×number of units=1.50×1=$1.50

C=marginal cost per unit×number of units=$1.75×1=$1.75

replacing;

P/L=1.50-1.75=-$0.25

Since the marginal cost is greater than the marginal revenue, we can conclude that Josefina is making a loss of $0.25

7 0
3 years ago
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