1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
alina1380 [7]
4 years ago
10

Fred Sweet runs dancing classes for middle-aged and elderly people. Some of Fred's customers lack physical coordination, and inj

uries from kicks, falls, etc. are common. Fred naturally fears that injured customers will sue him for negligence. Thus, he makes each customer sign a written contract containing a clause relieving Fred of all liability for injuries suffered during his dancing classes. However, fearful that he will lose business if potential customers become aware of his strategy, Fred states the clause in fine print and doesn't point it out to them. An injured customer sues Fred in negligence. Fred wants to defend on the basis of the clause in the contract. Which of the following is the biggest weakness in Fred's position? A. That Fred tried to use an exculpatory clause at all, because such clauses are invalid on public policy grounds. B. That Fred tried to use an exculpatory clause to relieve himself of negligence liability. C. That Fred has superior bargaining power, which makes the customer's acceptance of the exculpatory clause involuntary. D. That Fred used a fine-print exculpatory clause, which means that the customer lacked knowledge of the clause's existence
Business
1 answer:
Anuta_ua [19.1K]4 years ago
3 0

Answer: the correct answer is D. That Fred used a fine-print exculpatory clause, which means that the customer lacked knowledge of the clause's existence.

You might be interested in
The estimated unit costs for a company to produce and sell a product at a level of 15,000 units per month are as follows:Cost It
Lesechka [4]

Answer:

Estimated variable costs per unit=$86.

Option A is correct ($86.00)

Explanation:

Variable cost are those which changes with the activity level. These costs are help in making decision because if we talk about fixed costs, fixed costs do not help in making decisions as they are sunk costs. Management uses variable costs for making the decisions.

Estimated variable costs per unit= Direct material+Direct labor+Variable manufacturing overhead+Variable selling expenses

Estimated variable costs per unit=$38+$23+$21+$4

Estimated variable costs per unit=$86.

Option A is correct ($86.00)

7 0
4 years ago
Match each of the following characteristics or scenarios with either the term negative externality or the term positive external
lawyer [7]

<u>Answer:</u> a. Negative externality  

b.Positive externality  

c.Positive externality  

d.Positive externality  

e.Negative externality

<u>Explanation:</u>

Positive externatility are the advantages which the people enjoy apart from the marketplace for which they do not pay any money. Negative externality means negative consequences faced by the people outside due to the activities of the firm.

A.In the scenarios given above when resource are over allocated the public resources are depleted and creates negative externality  .

B. Tammy's case by raising garden increases the value of the public property which is positive externality.

C.Market demand is low so prices are low it is positive externality..

D.When resource are under allocated the public resources are not depleted and creates positive externality  .

E. Water pollution affects public and creates negative externality  . .

3 0
3 years ago
Where should you explain the factors that led you to submit an unsolicited proposal, such as conversations with members of the r
ira [324]

Solicited business proposals are executed in reaction to a purchaser's want, at the same time as unsolicited proposals are used to market it to capacity customers.

It is an internal suggestion due to the fact it's miles from a worker in the organization. And unsolicited due to the fact this is an idea that became an independent idea up and the employee now desires to endorse this idea to the top of the employer.

The advent of an unsolicited proposal consists of a statement of the hassle or opportunity that the concept addresses to reinforce the argument stated in the record.

Learn more about organization here: brainly.com/question/24448358

#SPJ4

5 0
1 year ago
problem 08-07 (algo) you are the manager of a monopolistically competitive firm, and your demand and cost functions are estimate
Ad libitum [116K]

Demand function: Q = 48 - 2P

a) 2P = 48 - Q

Therefore the inverse Demand function is

P = 24 - Q/2

b) P = 24 - Q/2

Total Revenue = PQ = (24 - Q/2)*Q

TR = 24Q - Q2/2

MR = differentiating TR with respect to Q

MR = 24 - Q

We know a firm will maximize profit at MR = MC

TC = 6 + 3Q + Q2

MC = 3 + 2Q

Putting MR = MC, we have

24 - Q = 3 + 2Q

24 - 3 = 2Q + Q

21 = 3Q

Q = 21/3 = 7

Q = 7

Putting the value of Q in the equation P = 24 - Q/2

P = 24 - 7/2

P = 24 - 3.5

P = 20.5

Therefore the profit-maximizing output is 7 and the price is $20.5

c) TR = PQ = 20.5*7 = $143.5

TC = 6 + 3Q + Q2 = 6 + 3*7 + 7*7 = 6 + 21 + 49 = $76

Profit = TR - TC = 143.5 - 76 = $67.5

Therefore the firm's maximum profit is $67.5

d) a) entry will occur until profits are zero

In the long run, more and more firms will enter the market and the economic profit will be zero in the long run.

In economics, a Demand function is a graph depicting the connection between the price of a sure commodity and the amount of that commodity that is demanded at that fee. call for curves may be used both for the price-amount courting for a person client, or for all purchasers in a selected marketplace.

Learn more about the Demand function here: brainly.com/question/24384825

#SPJ4

5 0
2 years ago
Shanghai Disney was officially opened in June, 2016. In light of EuroDisney’s and Hong Kong Disney's poor performance during its
Tems11 [23]

Answer:

This is an analytic study you have to do. Based on the articles you have to find about Shanghai Disney, you must analyze the performance of Shanghai Disney. Then you must make recommendations of your own in which you make suggestions as to how Shanghai Disney can improve on their current performance.

A suggested outline for your answer in performance analysis could be as follows:

- Introduce and identify the points of your analysis

- Explain each key performance indicator you have identified and discuss such as revenue, profit margin, client retention rate, daily attendance.

- Make comparisons to the performance of EuroDisney and Hong Kong Disney's performance. Indicate in your discussion if Shanghai Disney's performance is better in comparison and why this is so.

-Then make recommendations on how Shanghai Disney can improve their performance.

Explanation:

Performance analysis reviews a number of techniques used by a business in their performance over a period of time. This is done studying and analyzing key performance indicators which are factored into the analysis.

Key performance indicators:

Revenue: shows how productive the business has been. A simple calculation can be done to show this, revenue given for a period divided by the number of clients in that period.

Profit margin: the business relies on a profit margin to sustain itself going forward. Considerations that influence this margin is the costs incurred in relation to income received.

Client retention rate: This is based on the percentage of clients a business retains. This is vital for long term sustainability in a business.

Daily attendance: this is based on the average number of clients who visit or attend or frequent the business on a daily basis. This impacts on the profit margin and the client retention rate of the business.

8 0
3 years ago
Other questions:
  • Examine the following budget: Monthly Budget Budgeted Amount Actual Amount Income Wages $1000 $850 Expenses Car - gas, insurance
    9·1 answer
  • In auditing the financial statements of Star Corp., a nonissuer, Land discovered information leading Land to believe that Starâ€
    8·2 answers
  • Which of the following would be covered by a home insurance policy?
    5·1 answer
  • Navarro, Inc., issued $250,000 of eight percent, 20‑year bonds at 98 on June 30, 2012. Interest is payable semiannually on Decem
    6·1 answer
  • What type of fiscal policy calls for a decrease in government spending and an increase in taxes?
    14·1 answer
  • Recent changes in the way people work, including the composition of the workplace and the use of enhanced technologies, are join
    11·1 answer
  • In 2021, the Westgate Construction Company entered into a contract to construct a road for Santa Clara County for $10,000,000. T
    11·1 answer
  • What role did the federal reserve play in the banking crisis of 2008-2009
    13·1 answer
  • Sunland Company thinks machine hours is the best activity base for its manufacturing overhead. The estimate of annual overhead c
    6·1 answer
  • 3. A U.S. MNC needs to raise capital of $100 million by issuing bonds. The firm can either raise US$ at 5% interest rate or issu
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!