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Afina-wow [57]
3 years ago
12

Fabrication, Inc, makes steel forms that are substandard. Geo Manufacturing Company has never bought or used a Fabrication form,

but files a suit against the firm, alleging that its products are defective. Fabrication's best ground for dismissal of the
A) discovery.
B) exclusive jurisdiction.
C) standing to sue.
D) minimum contacts.
Business
1 answer:
jok3333 [9.3K]3 years ago
3 0

Answer:

C) standing to sue

Explanation:

standing to sue -

In terms of law , it is the requirement where a person brings a suit to be the proper party to request the adjudication of an issue .

This test is put when a party had a personal stake during the outcome of a controversy presented .  

Hence from the data of the question , the correct answer for the statement given is , C) standing to sue

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Naylor Company had $154,200 of net income in 2016 when the selling price per unit was $155, the variable costs per unit were $95
mihalych1998 [28]

Answer:

Units sold in 2016 = 12118.33

Explanation:

Given that

Net income = 154200

Fixed inputs = 572900

Selling price per unit = 155

Variable cost per unit = 95

Recall that

Net income = total revenue - total expenses

And that

Net income = (selling price - variable cost) × number of goods sold - fixed cost

Thus

154200 = (155 - 95)x - 572900

572900 + 154200 = 60x

727100 = 60x

x = 727100/60

x = 12,118.33 units

4 0
3 years ago
Read 2 more answers
A company has a 40% gross margin, general and administrative expenses of $50, interest expense of $20, and net income of $70 for
Romashka [77]

Answer:

Answer is A

Explanation:

Remember Gross Margin = Gross Profit /Sales Revenue

We already know that Gross Margin = 0.4

We assume sales revenue as the unknown value (S)

Using the relationship above: Gross Profit (GP) = 0.4S

We know that Profit Before Tax = Gross Profit - General & Admin Expenses - Interest Expense

Substitute the values in the equation above.

Profit Before Tax (PBT) = 0.4S - 50 - 20

                                      = 0.4S - 70

To calculate the Tax we multiply the Tax rate (30%) by the PBT

Tax = (0.3) x (0.4S -70)

      = 0.12S - 21

We know that Net Income = PBT - Tax

We now substitute the values:

70 = 0.4S - 70 - (0.12S - 21)

Solving the equation for S results in the value of Sales Revenue equaling $425.

8 0
3 years ago
If money going out of the business is greater than the money coming into the business, what happens?
NemiM [27]

The answer is going to be negative

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3 years ago
Lisa is very picky about her peanut butter. she believes that the brand she buys tastes much better than any other brand on the
elena-14-01-66 [18.8K]

Answer:

Schizotypal

Explanation:

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7 0
2 years ago
I am the head of a major company and it has been brought to my attention that
Sphinxa [80]
Step one investigate / question to figure out the problem. Step two once you figure out the problem brainstorm solutions \ enforce. Step three apply the solution in your work facility.
4 0
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