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
a_sh-v [17]
3 years ago
5

Peter owns an auto dealership. Peter hires Cara as a receptionist, Ben as a salesperson, Stacy as a mechanic, and the "Clean as

a Whistle Co." to come in at night and clean the premises. Which situation is LEAST likely to result in liability for Peter?
a. Cara, with authority, buys office supplies from Office Stuff.

b. Ben sells a car at a$ 1 ,000 markdown, after Peter told him not discount more than$ 500.

c. Stacy forgets to put the oil plug back into Daria's car after an oil change, damaging the engine when the oil runs out.

d. Emeralda from " Clean as a Whilte Co." runs over patty Pedestrain in the dealership's parking lot.
Business
1 answer:
drek231 [11]3 years ago
8 0

Answer:

d. Emeralda from " Clean as a Whilte Co." runs over patty Pedestrain in the dealership's parking lot.

Explanation:

Liability is the degree to which a person is responsible for injury that happens to another party in a lawsuit. Peter owns an auto dealership. Peter hires Cara as a receptionist, Ben as a salesperson, Stacy as a mechanic, and "Clean as a Whistle Co." as cleaners.

Peter will be least liable if Emralda from "Clean as a Whistle Co." runs over Patty I'm the dealership's parking lot.

This is because Peter hired the company as a seperate entity from the cleaning company employees. The conduct of employees from the cleaning company is responsibility of "Clean as a Whistle Co."

You might be interested in
The worst possible consequence of conflict is ______.
Afina-wow [57]
Violence is the worst possible consequence of conflict.
hope this helps!
6 0
3 years ago
Read 2 more answers
The Reingold Hat Company uses the allowance method to account for bad debts. During 2018, the company recorded $800,000 in credi
olasank [31]

Answer:

$24,000

Explanation:

Since in the question it is given that the  3% of credit sales is considered to be a bad debt expense

where,

Credit sales is $800,000

And, the estimated percentage is 3%

So by considering this above information, the amount debited to bad debt expense is

= $800,000 × 3%

= $24,000

All the other information i.e to be given is not relevant. Hence, ignored it

4 0
3 years ago
A stock price is currently $100. Over each of the next two six-month periods it is expected to go up by 10% or down by 10%. The
butalik [34]

Answer:

Please see attachment

Explanation:

Please see attachment

4 0
3 years ago
Levi's Levees always evaluates projects using the payback method. What is the payback period for the following set of cash flows
Ray Of Light [21]

Answer:

3.14 years

Explanation:

Year              Cash flow                Accumulated cash flows

0                    -$4,900                            -$4,900

1                       $1,150                             -$3,750

2                      $1,350                            -$2,400  

3                     $2,230                                -$170

4                     $1,250                              $1,080

3 years + $170/$1,250 = 3.14

The payback period is 3.14 years, or 3 years, 1 month and 19 days.

7 0
2 years ago
Yan Yan Corp. has a $5,000 par value bond outstanding with a coupon rate of 4.6 percent paid semiannually and 21 years to maturi
Aleonysh [2.5K]

Answer:

Price of the bond = $4,122.36

Explanation:

<em>The value of the bond is the present value(PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV).  </em>

Value of Bond = PV of interest + PV of RV  

The value of bond for Yan Yan Corp.  be worked out as follows:  

Step 1  

<em>PV of interest payments  </em>

Semi annul interest payment  

= 4.6% × 5,000 × 1/2 = 115

Semi-annual yield = 4.1%/2 = 2.05  % per six months  

Total period to maturity (in months)   = (2 × 21) = 41 periods

PV of interest =  

115  × (1- (1+0.0205)^(-21)/0.0205)=1,946.47

Step 2  

<em>PV of Redemption Value  </em>

= 5000 × (1.0205^(-41)   = 2,175.89

<em>Step 3:Price of the bond </em>

Total present Value = 1,946.47  +  2,175.89  = 4,122.36

Price of the bond = $4,122.36

 

5 0
3 years ago
Other questions:
  • When julie, the marketing executive for hope springs, determined that market segments existed with sufficient disposable income
    14·1 answer
  • Dane works as a sales representative for the Better Butter Company. He is about to meet with his manager to review his progress
    5·1 answer
  • A nondurable good is defined as a(n)
    6·1 answer
  • Red Co. recorded a right-of-use asset of $100,000 in a 10-year finance lease. Payments of $16,275 are made annually at the end o
    10·1 answer
  • Which loan type requires you to make loan payments while you’re attending school?
    9·2 answers
  • Rugen Inc., a hospitality chain, hired a large number of military veterans in the hope that it would help put the business in a
    6·1 answer
  • A firm will often split the stock to keep the stock price within a proper trading range.
    9·1 answer
  • "Justin Company currently produces and sells 4,000 units of a product that has a contribution margin of $6 per unit. The company
    11·1 answer
  • The present value of an expected future payment ________ as the interest rate increases.
    11·1 answer
  • Ryanair advertised the lowest rates in Europe with fares of $12 between Paris and Munich. However, when Bill arrived at the airp
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!