Answer:
Ideally, the drunk driver who hit them while he was driving on the wrong lane is liable for the damages and not McLaughlin since he was sober and civil.
Explanation:
Liability for damages resulting from car accident usually falls on a negligent driver an din this case, McLaughlin is not the negligent one.
However, the situation is tricky here since he is not the owner of the car.
The majority of car accidents are caused by driver negligence, poor road conditions, or a problem or defect with one of the automobiles involved.
If his friend has a car insurance, that will cover for the damages as well.
And if the drunk driver finds a way to escape with a strong case, and in the absence of a car insurance, McLaughlin might be obligated to pay for the damages since the car was borrowed.
Answer:
Explanation:
1. A company uses the same accounting principles from year to year.(CONSISTENCY)
2. Information that is free from error.(VERIFIABLE)
3. Information presented in a clear and concise fashion.(UNDERSTANDABILITY)
4. Information that makes a difference in a decision.(RELEVANCE)
5. Information accurately depicts what really happened.(FAITHFUL REPRESENTATION)
To have a standard financial statement in accounting , there's are some qualities that are needed to put into consideration such as fundamental qualities as well as Enhancing quality of accounting. fundamental qualities are needed to obtain relevancy and reliability in preparing accounting statement.Enhancing quality of accounting are also to have
Comparability,Consistency, Understandability, Relevance, Verifiable
as well as Faithful representation
Answer:
The answer is C. macroeconomic fiscal policy
Explanation:
Though both monetary policy and fiscal policy are used to control economic activities of a nation over time i.e they both can be used to accelerate growth when an economy begins to decline and to moderate growth when an economy starts to overheat.
Monetary policy is mainly used by Central bank of every nation. The central bank are responsible for its operation. These policy influences the quantity of money in the economy.
While fiscal policy involves the use of government spending and government revenue (e.g tax revenue) to affects economy e.g government can raise spending or lower tax when the economy activity is slowing down and decrease spending or increase tax when an economy is in peak or boom period.
Every year government proposes budget which contains its spending and revenue.
Answer: Mass production
Explanation:
Since the products produced by the company uses standardized production runs and very little product customization, the type of technology structure used is mass production.
Mass production refers to production of of large quantities of products which are standardized usually by using automation technology or assembly lines. Mass production brings about the efficient production of a huge amount of similar products.
Squirrels are Neeraj's economic answer to<u><em> What to produce.</em></u>
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In economics, for whom to produce, would be the buyers. How to produce, would be the method used to create the squirrels, i.e. carving. When to produce, would depend on the demand.
Three fundamental concerns must be addressed by any economic system: what to create, how to make it, and for whom to produce it. It's important to remember that several factors, including land, labor, and capital, are in short supply. Sadly, we must make some sacrifices because we cannot have everything. How about the best ones? Choosing the combination of goods and services that maximizes value or utility is key to maximizing the effectiveness of resource allocation.
What kinds and how much of each product should be made? Products that cannot maintain profitable prices in the market will be scrapped. Therefore, only products with positive pricing should be produced, and they should be made in a way that will cause the economic markets to clear.
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