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maria [59]
3 years ago
5

Malcolm was involved in an auto accident. He was judged to be 20% at fault in the accident and the other party was judged to be

80% at fault. Malcolm’s actual damages were $40,000. Under a pure comparative negligence rule, how much will Malcolm receive for his injuries?
Business
2 answers:
lesya [120]3 years ago
6 0

Answer:

Malcom will receive $32,000 for this injurires.

Explanation:

According the data Malcolm’s actual damages were in the accident were $40,000, and the other party was judged to be 80% at fault in the accident.

Therefore in order to calculate how much will Malcolm receive for his injuries, we have the make the following calculation:

$40,000 * 0.8 = $32,000

Hence, Malcom will receive $32,000 for this injurires.

vitfil [10]3 years ago
6 0

Answer:

Malcolm  would receive $32,00 for his injuries

Explanation:

The damages is $40,000 from which the beneficiary of the damages,Malcolm is to foot 20%,hence is expected to receive 80% of the damages from the judgement debtor.

The amount of cost that Malcolm would personally bear is $8000,(20%*$40,000) while receiving the balance of $32,000($40,000-$8000) from the other party,this is the  sharing arrangement for damages under the comparative negligence rule as damages is meant to be awarded depending on the level of the beneficiary level of contributory negligence to the accident.

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Question 2 (multiple choice)
Paha777 [63]
A. $625.71
619+619×0.13/12
4 0
3 years ago
Antoine transfers property with a tax basis of $535 and a fair market value of $652 to a corporation in exchange for stock with
Dimas [21]

Answer: $438

Explanation:

Antoine's tax basis in the stock received in the exchange will be gotten as the adjusted basis of asset exchanged which will then be decreased by the liability assumed on the property that's transfered. This will be:

= $535 - $97

= $438

Therefore, Antoine's tax basis in the stock received in the exchange is $438.

8 0
2 years ago
Rico bought 100 shares of Banana Republic stock for $24.00 per share on January 1, 2010. He received a dividend of $2.00 per sha
dimaraw [331]

Answer:

12.5%

Explanation:

We have to first calculate Rico's gain per share during the 2010-2012 period:

Rico's gain = -initial purchase price + dividend 1 + dividend 2 + dividend 3 + sales price

Rico's gain = -$24 + $2 + $3 + $4 + $18 = $3

$3 represents a 12.5% [= ($3 / $24) x 100] rate of return for the holding period.

B. 12.5%

Rico bought 100 shares of Banana Republic stock for $24.00 per share on January 1, 2010. He received a dividend of $2.00 per share at the end of 2010 and $3.00 per share at the end of 2011. At the end of 2012, Rico collected a dividend of $4.00 per share and sold his stock for $18.00 per share. What was Rico's realized holding period return? (Pick the closest answer.)

7 0
3 years ago
Read 2 more answers
According to business analyst Scott Anthony, identifying opportunities requires understanding of:_________
Maurinko [17]

Answer:

the 5Cs of opportunity identication:

1. Circumstance

2. Context

3. Constraints

4. Compensating behaviors

5. Criteria

Explanation:

According to Scot Anthony, to identify opportunities it's important to understand the 5Cs of opportunity identication.

1. Circumstance: Know the specific problems which your customers care about and how they get solutions to it.

2. Context: Know what the customer did in the past and work around it to present something realistic.

3. Constraints: Get to understand customers' barriers and constraint.

4. Compensating behaviors: Understand the compensations that engage your customers.

5. Criteria: In order to know a good solution, it's important to understand the criteria that matter to your customers.

8 0
3 years ago
Firm A plans to introduce a new smart phone which has a potential market of 1 million customers. The marketing research conducte
kupik [55]

Answer:

a. Price it at $250 and $300 and use a discrimination strategy to reach the two segments of the market

Explanation:

In order to maximize the revenue the price must be applied. But at the same time the first have to use the price discrimination strategy for reaching the two segments

So, The maximized revenue is  

= (1,000,000 × 0.40 × $300 ) + (1,000000 × 0.60 × $250 )

= 120 million + 150 million

= $270 million

SO it would be lies in middle of $250 and $300

Hence, the first option is correct

5 0
3 years ago
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