Answer:
hold Chance but not the company liable
Explanation:
In this scenario Chance is an independent contractor so his actions are not representative of the companie's.
When an independent contractor causes damages while working the company will not be held liable for his negligence.
So in this scenario where Chance negligently runs a stop sign and causes an accident and Judy is injured. Only Chance is liable
The journal entry to record the cash refund to the customer includes a debit to Sales Returns and Allowances and a credit to Cash for $40.
An item is returned to the seller by a customer or client as a sales return.
- Refund policies are customizable by businesses. There are other options, such as allowing free returns within a set time limit, imposing a restocking cost, or only allowing returns with a receipt. A shop credit or exchange may be available from some businesses. Accountants can enter these transactions in a sales returns account after confirming a return complies with a company's policy.
- An allowance is a reserve set aside in anticipation of costs that will arise at a later time. By creating a reserve, a cost that would have otherwise been recognized in a later period is instead recognized sooner, into the present period.
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One of the most important factors in forming a successful venture in China is guanxi, which means personal relationships.
<h3>What is Guanxi?</h3>
Guanxi is a term that can be translated informally as social networks or personal ties. It operates on a personal, familial, social, business, and political level and entails mutual trust and duties between partners. One's influence and capacity for action are influenced by having good, bad, or no guanxi.
Guanxi is still significant while conducting business in China, but a number of considerations suggest that it may start to lose some of its significance. These include the opening up of the Chinese market, foreign direct investment, "guanxi learning" by foreign businesses, and internet intermediaries.
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This picture reminds me of a nightmare regarding the red stuff coming out of its eyes. Another reason this image I consider a nightmare is because the face of the image is scary looking in some way.
Explanation:
All tenders should be submitted on the appropriate tender forms as issued by trasnet and as per instructions in the bid documentation
