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Karo-lina-s [1.5K]
3 years ago
12

A State A consumer was in a traffic accident with a State B driver. The State A consumer’s car burst into flames, causing horrif

ic injuries to the consumer. The State A consumer believes that his injuries were caused by both the State B driver’s negligence and design defects in his own car. The State A consumer thus filed a tort action for damages against both the State B driver and the manufacturer of the car. The manufacturer is also a citizen of State B. The State B driver was also burned in the accident and believes that manufacturing and design defects in the State A consumer’s car also caused his burns.
Can the State B driver assert his tort claim against the State B manufacturer in the pending action asserted by the State A consumer?
a. Yes, because the State B driver and State B manufacturer are already parties to the State A consumer's action.
b. Yes, because the State B driver's claim is a proper cross-claim and is within the court's supplemental jurisdiction.
c. No, because the State B driver's tort claim against the State B manufacturer is not between citizens of different states.
d. No, because the State B driver's claim is not a proper cross-claim.
B Yes, because the State B driver's claim is a proper cross-claim and is within the court's supplemental jurisdiction.
Business
1 answer:
kupik [55]3 years ago
4 0

Answer: The correct answer is B. Yes, because the State B driver's claim is a proper cross-claim and is within the court's supplemental jurisdiction.

Explanation:

Option B is correct because the State B driver can assert his tort claim against the State B manufacturer. The driver's claim is a proper crossclaim and this is because it arises from the same occurrence as with State A consumer's claim.

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olga_2 [115]

Answer:

market-oriented economy is the correct answer.

Explanation:

8 0
2 years ago
Online calculators and worksheets can help you find answers to financial planning and investing questions. Group of answer choic
notsponge [240]

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3 0
2 years ago
On November 15, 20X3, Chow Inc., a U.S. company, ordered merchandise FOB shipping point from a German company for €200,000. The
MArishka [77]

Answer:

$4,000 gain

Explanation:

Some information was missing:

the spot rates for euros were:

  • November 15, 20X3 $0.4955  per €1
  • December 10, 20X3 $0.4875  per €1
  • December 31, 20X3  $0.4675  per €1
  • January 10, 20X4 $0.4475  per €1

In Chow's December 31, 20X3, income statement, the foreign exchange gain is ?

the goods costed €200,000 x 0.4875 = $97,500 on December 10, 20x3

the goods costed €200,000 x 0.4675 = $93,500 on December 31, 20x3

Since the goods were sold FOB shipping point, we have to use the shipping date (December 10) to calculate the original price. By December 31, the price in US dollars had decreased by $4,000 resulting in a foreign exchange gain.

8 0
3 years ago
During the month, merchandise is sold for $23,500 cash and for $34,000 on account. the cost of merchandise sold is $41,500. what
AURORKA [14]
In getting the gross profit, you need to add all the assets and less the expenses. See below:

Asset - Expenses = Profit

Below are the assets:
$ 23,000 cash on hand 
$ 34,000 cash on bank

Therefore the total asset is $ 57,500

While the expense is $41,500

Solution:  $57,500 - 41, 500 = $16,000



I hope it helps 
4 0
3 years ago
Sunland Co. has a capital structure, based on current market values, that consists of 26 percent debt, 3 percent preferred stock
andrey2020 [161]

Answer:

12.51%

Explanation:

The formula to compute WACC is shown below:

= Weightage of debt × cost of debt × ( 1- tax rate) + (Weightage of preferred stock) × (cost of preferred stock) + (Weightage of  common stock) × (cost of common stock)

= (0.10 × 26%) × ( 1 - 40%) +  (0.10 × 3%) +  (0.15 × 71%)

= 1.56% + 0.30% + 10.65%

= 12.51%

Simply we multiply the weightage with its cost

3 0
3 years ago
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