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hoa [83]
3 years ago
12

Harris, while delivering parts to a customer for his employer, negligently ran into and injured Wolfe. Harris had been asked by

his employer to make these deliveries even though Harris was using his personal pickup truck. Neither Harris nor the employer had insurance to cover this injury. Which of the following is correct?
a. Wolfe can hold Harris liable but not the employer because Harris was driving his own vehicle
b. Wolfe can hold the employer liable but not Harris because the employer had asked Harris to make the deliveries.
c. Wolfe can hold either Harris or the employer or both liable.
d. Wolfe can hold either Harris or the employer liable but not both.
Business
2 answers:
kolezko [41]3 years ago
5 0

Answer:

C) Wolfe can hold either Harris or the employer or both liable.

Explanation:

Since Harris was acting within the scope of his employment, then he and his employer are liable for the injuries that Wolfe suffered. Wolfe can decide to recover from either of them (generally the employer would be chosen) or from both parties, there is no legal limitation.

It doesn't matter who owns the vehicle, what matters is what was Harris doing at the time of the accident; he was performing tasks on behalf of his employer.

If Wolfe died, Harris could face criminal charges, but his employer still would be liable in a civil case.  

Ilya [14]3 years ago
5 0

Answer:

C

Explanation:

I looked at the answers

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George’s t-shirt shop produces 5,000 custom printed t-shirts per month. george’s fixed costs are $15,000 per month. the marginal
k0ka [10]

Answer: Price is $7 when sale is 5000 and $6 when sale is 7,500 units.  

Explanation:

Total cost of George = Fixed cost + Variable Cost = $15,000 + $4 (Units produced)  = $15,000 + $4(5000) $15,000 + $20,000 = $35,000


George will breakeven when his price is just sufficient to cost the total cost.  

Break even = Profit = 0 Total revenue - Total cost = 0 P*Q - $35,000 = 0 P*5000 = $35000 P= $35,000/5000 P=$7

 

If George sells 50% more, then his sales is 7,500 units.  

Total cost of George = Fixed cost + Variable Cost = $15,000 + $4 (Units produced)  = $15,000 + $4(7,500) $15,000 + $30,000 = $45,000


George will breakeven when his price is just sufficient to cost the total cost.


Break even = Profit = 0 Total revenue - Total cost = 0 P*Q - $45,000 = 0 P*7500 = $45000 P= $45,000/7,500 P=$6

When sales is 5000 units price is $7. When sales is 7,500 units price is $6.

8 0
3 years ago
Suppose that a bank has loaned money to two businesses: a trustworthy computer manufacturer and a risky mining venture. Unfortun
SVETLANKA909090 [29]

Answer:

The situation is called insolvency. insolvency is refer to the situation when debtor is unable return its debt.  The same is happened in the given situation. In the above case due to not paid by manufacturing unit, bank is unable to pay to depositor.

Insolvency is refer to that critical condition when debtor unable to pay amount to depositor. In the above given case even if bank want to sell its all assets it cannot cover its liabilities.Explanation:

8 0
3 years ago
For the month of June, Mae Green budgeted the following amounts: $180 for food, $475 for rent, $15 for transportation, $50 for i
Vinil7 [7]

Answer:

No, she did not

Explanation:

In this question, we are asked to answer if Mae stayed within her budget, given her budget and the total amount she later spent.

To solve this problem, what we need to do is to add up all what she budgeted. Afterwards we add up all she spent. Then , we see the difference between the two to actually know if she stayed within her budget of not.

We proceed as follows:;

Let’s calculate budgeted amount: This is ; 180 + 475 + 15 + 50 + 65 + 25 + 150 + 30 = $990

Now, let’s calculate how much she later spent; That would be; 182 + 475 + 12 + 65 + 68 + 12.5 + 36 + 150 = $1000.5

We can see that she spent more that the amount she had budgeted. This means she didn’t stay within the total amount allocated for her budget

3 0
3 years ago
You need to earn 6% annul real rate of return and, in addition, you need to keep up with the annual inflation rate. Exactly 4 ye
Sever21 [200]

Answer:

"4,000" is the appropriate option.

Explanation:

Given:

Real interest rate,

= 6%

Inflation rate,

= 2%

Annual deposit,

= $20,000

Now,

The nominal interest rate will be:

= Real \ interest \ rate+Inflation \ rate

= 6+2

= 8 (%)

As per the annual deposit, I was making,

= 20000\times 0.6

= 1200 \ every \ year

Inflation rate rise 3% i.e.,

= 2+3

= 5 (%)

Just to earn 1200, I have to:

= \frac{1200}{0.05}

= 24,000

Thus the above is the appropriate answer.

4 0
3 years ago
Find the following values for a lump sum assuming annual compounding. a. The future value of $800 invested at 7% for one year b.
Dmitrij [34]

Answer:

For the first 2 we calculate the future value:

(A)856

(B)1,122.04

(C) and (D) thre present value will be 800

Explanation:

Principal * (1+ r)^{time} = Ammount

800* (1+ 0.07)^{1} = Ammount

856

800* (1+ 0.07)^{5} = Ammount

1,122.041358

\frac{856}{(1 + 0.07)^{1} } = 800

\frac{1,122.04}{(1 + 0.07)^{5} } = 800

5 0
3 years ago
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