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Colt1911 [192]
2 years ago
11

​fresh harvest company, which is based on georgia, packages and sells vegetables. jack, who is a resident of north carolina, buy

s a fresh harvest product, eats it, and suffers severe food poisoning. jack wants to file a suit against fresh harvest. the diversity of citizenship between these parties means that
Business
1 answer:
erastovalidia [21]2 years ago
7 0
<span>This means that the two states involved will lead to concurrent jurisdiction between the federal and state courts. This could lead to Jack looking for the court that will give him the most favorable ruling against the business for selling a defective product.</span>
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The capital account balances for Donald &amp; Hanes LLP on January 1, 2018, were as follows: Donald, capital $ 200,000 Hanes, ca
m_a_m_a [10]

Answer:

Donalds share in the capital was 100,000/300,000= 1/3

May bought 35% so 0.35 of 300,000 = 105,000

Out of this 105,000 1/3 was donalds share so, 1/3*105,000=34,650

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$65,350 is Donalds new capital account balance

Explanation:

Step 1: Find out Donalds ratio of capital

Step 2: Find out how much may needed to invest for a 35% share

Step 3: Multiply Mays share by 1/3 to find out how much of that share will be bought from donald

Step 4: Subtract the amount from Donalds original capital balance

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Hope this helps!
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