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kicyunya [14]
3 years ago
13

Which of the following is NOT an element of negligence? a. Intent b. Duty c. Breach d. Causation e. Damages

Business
1 answer:
love history [14]3 years ago
7 0

Answer: OPTION A

Explanation: For winning the suit of negligence- duty, breach, cause and damage are the four elements that the plaintiff needs to prove. Intent is not an element of negligence.

Intent, used as a short form for intention, can be defined as the commitment of an individual to do certain action in present or in future period.

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Using a coupon on your cell phone when checking out at the Hard Rock Café, or checking in to a retail location using Foursquare
vazorg [7]

Answer:

c. Mobile Retailing.

Explanation:

Using a coupon on your cell phone when checking out at the Hard Rock Café, or checking in to a retail location using Foursquare mobile app is an example of Mobile Retailing.

Mobile retailing can be defined as the process of buying or shopping for goods and services through the internet by using a smartphone, mobile device or tablets. It is one of the convenient ways, potential customers use to engage in e-commerce.

4 0
3 years ago
List five of the most widely followed indicators of the economy.
Kobotan [32]

Answer:

1. Gross Domestic Product

GDP represents the market value of all final goods and services produced within a country during a given period. The figure is usually given in nominal and real formats, with real GDP adjusting for changes in monetary value. Given its vast breadth, this indicator is among the most-watched by the financial markets.

The expansion of a country's GDP is indicative of a growing economy, while a contraction in GDP indicates a slowdown in a country's economy. Meanwhile, a country's projected GDP growth rate can be used to determine an appropriate level of sovereign debt or determine if companies operating within the country are likely to experience growth.1

2. Employment Indicators

The productivity and wealth of a country's citizens is arguably the ultimate determiner of economic success. Employment indicators, such as labor force, payroll, and unemployment data estimate how many citizens are employed and whether they are making more or less money than before.

The financial markets carefully watch these employment indicators, especially in developed countries that generate most of their income from domestic consumer spending. A fall in employment is often followed by a fall in consumer spending, which can hurt GDP statistics and overall economic growth prospects.2

3. Consumer Price Index

CPI measures changes in the prices of consumer goods and services that are purchased by households. The index is a statistical estimate created by using prices from a sample of representative items collected periodically. Often times, this measure is used as a gauge of inflation, which can positively or negatively affect a country's currency.3

The financial markets carefully watch CPI figures for signs of inflation. Rising inflation can lead to higher interest rates and reduced lending, while deflation can lead to lower interest rates and greater lending.4

4. Central Bank Minutes

Central banks create monetary policy and exert significant control over a country's economy. Consequently, the financial markets tend to listen closely to every word that central bankers utter publicly for clues about the future. Central bank minutes are formal releases that contain valuable economic commentary that can signal future policy action.5

In the U.S., the Federal Reserve issues what's called the Beige Book, which contains anecdotal information about current economic conditions from each Federal Reserve Bank. Similar notes are released by many other central banks, including the Bank of Japan, European Central Bank (ECB), and others on a regular or semi-regular schedule.6

5. PMI Manufacturing & Services

The Purchasing Manager's Index (PMI) is an economic indicator developed by Markit Group and the Institute for Supply Management. By polling businesses on a monthly basis, the index reflects the acquisition of goods and services by purchasing managers. The two most important surveys are the PMI Manufacturing and PMI Services indices.

The financial markets watch the PMI Manufacturing and PMI Services indices as key leading economic indicators because companies stop purchasing raw materials when demand dries up. This can indicate problems in an economy much before other reports like retail sales or consumer spending

3 0
3 years ago
Anchor Company purchased a manufacturing machine with a list price of $160,000 and received a 2% cash discount on the purchase.
Contact [7]

Answer:

$162,200

Explanation:

The computation of the cost recorded in the asset account is shown below:

= List price - cash discount + freight cost + installation charges

= $160,000 - $3,200 + $2,400 + $3,000

= $162,200

The cash discount is computed below:

= List price × cash discount percentage

= $160,000 × 2%

= $3,200

All other information which is given is not relevant. Hence, ignored it

5 0
3 years ago
Boxer Industries worked on four jobs during its first year of operation: nos. 401, 402, 403, and 404. A review of job no. 403's
kkurt [141]

Answer:

Overhead= $6,000

Explanation:

Giving the following information:

Job 403:

Direct material=  $40,000

Total manufacturing costs = $50,000

Boxer applies overhead at 150% of direct labor cost.

Total manufacturing costs= direct material + direct labor + allocated overhead

50,000= 40,000 + (direct labor + allocated overhead)

(direct labor + allocated overhead)= $10,000

<u>We know that overhead is 50% higher than direct labor. In 100%, direct labor would de 40% and overhead 60%.</u>

direct labor=10,000*0.4= $4,000

Overhead= 10,000*0.6= $6,000

3 0
3 years ago
Describe two trends that you've noticed (either demographic, invention/technology, lifestyle, or style/entertainment) and explai
andrew-mc [135]
A pattern of gradual change in a condition, output, or process, or an average or general tendency of a series of data points to move in a certain direction over time, represented by a line or curve on a graph.
two trends are <span>the "boho" style, someone can start an "ethnic" store 
"electronic music" someone can start a new club because of the increase of clubbers</span>
4 0
3 years ago
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