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Varvara68 [4.7K]
4 years ago
12

Stan, an air-conditioning and heating technician, files a suit against Temp-Set Corporation, alleging that its thermostats are u

nreasonably dangerous due to the possibility of electrical shock. Temp-Set's best defense is most likely ___________.
a. contributory negligence.
b. knowledgeable user.
c. commonly known danger.
d. none of the choices
Business
1 answer:
Mashcka [7]4 years ago
5 0

Answer: option (B). knowledgeable user.

Explanation: knowledgeable user simply means If a particular danger is or should be commonly known by particular users of the product, the manufacturer need not warn those particular users. An example is a case of Stan, an air-conditioning and heating technician, files a suit against Temp-Set Corporation, alleging that its thermostats are unreasonably dangerous due to the possibility of electrical shock, Temp-Sets defense is knowledgeable user.

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How does education level impact monetary earninas?
larisa86 [58]

Answer:  

He level of income one can earn post-university is perhaps the easiest to measure return on investment in education. ... Therefore, for an employer, the higher the educational requirement, the more money he is willing to pay. Thus, the higher your level of education, the more you are worth in the job market.

Explanation:

5 0
4 years ago
Santa Fe purchased the rights to extract turquoise on a tract of land over a five-year period. Santa Fe paid $300,000 for extrac
melomori [17]

Answer:

The cost of depletion in the current year is $90,000

Explanation:

Santa Fe's current year cost of depletion=cost of rights*Turquoise extracted in the current year/total estimated turquoise to be extracted

cost of rights is $300,000

turquoise extracted in the current year is 1,500 pounds

total estimated turquoise to be extracted over a five-year period is 5000 pounds

cost of depletion in the current year=$300,000*1500/5000

                                                           =$ 90,000.00  

By extension profit for the year assuming no other costs were incurred is :

$200,000-$90,000=$110,000

4 0
3 years ago
Oriole Corporation has retained earnings of $682,100 at January 1, 2020. Net income during 2020 was $1,558,700, and cash dividen
tigry1 [53]

Answer:

$2,248,660

Explanation:

According to the scenario, computation of the given data are as follows,

Particulars                                                   Amount

Retained Earning                                      $682,100

Correction of repairs expense (Add)       $89,160

Net income (Add)                                      $1,558,700

Dividend Paid (Less)                                 $81,300

Net retained earning                              $2,248,660

7 0
3 years ago
Business K exchanged an old asset (FMV $95,000) for a new asset (FMV $95,000). Business K’s tax basis in the old asset was $107,
cestrela7 [59]

Answer:

All requirements solved

Explanation:

A realized loss is the loss that is recognized when assets are sold for a price lower than the original purchase price

1.If Exchange was a taxable transaction:

Realized loss = $95,000 amount realised - $107,000 tax basis = $12,000

Recognized loss = $12,000

Tax basis in new asset = $92,000 cost

2.  If the exchange was a non-taxable transaction:

Realized loss = $95,000 amount realised - $107,000 tax basis = $12,000

Recognized loss = $0

Tax basis in new asset = $104,000 substituted basis

3. If exchange was taxable,

Gain recognized on sale of new asset = ( $100,000 amount realized - $95,000 Tax basis)

Gain recognized on the sale of new asset = $7,000

If exchange was non taxable,

loss recognized on sale of new asset = $100,000 amount realized - $107,000 Tax basis

loss recognized on sale of new asset = $7,000

6 0
3 years ago
ranson Inc. has sold product to the Brandywine Company, a major customer, for $20,000. As a courtesy to Brandywine, Branson has
Ahat [919]

Answer: See explanation

Explanation:

The effective price of the transaction to Branson based on the interest rate given will be:

1. PV = FV [PVF6,2] = $10,000(0.89) = $8,900

Therefore, $8,900 + $10,000 = $18,900

Effective Discount will be:

= (20000 - 18900) / 20000 × 100

= 1100/20000 × 100

= 0.055

= 5.5%

2) PV = FV [PVF8,2] = $10,000(0.8573) = $8,573

Therefore, $8,573 + $10,000 = $18,573

Effective Discount will be:

= (20000 - 18573)/20000 × 100

= 1427/20000 × 100

= 0.07135

= 7.135%

3) PV = FV [PVF10,2] = $10,000(0.8264) = $8,264

Therefore, $8,264 + $10,000 = $18,264

Effective Discount will be:

= (20000 - 18264)/20000 × 100

= 1736/20000 × 100

= 0.0868 × 100

= 8.68%

4) PV = FV [PVF12,2] = $10,000(0.7972) = $7,972

Therefore, $7,972 + $10,000 = $17,972

Effective Discount will be:

= (20000 - 17972)/20000 × 100

= 2028/20000 × 100

= 0.1014 × 100

= 10.14%

6 0
3 years ago
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