Answer: Special damages
Explanation: In simple words, special damages refers to the claim made by the injured person for the losses he or she suffered due to negligence of duty by the defendant.
In the given case, the train that is owned by the modern railways collided with a truck owned by craft co resulting in a loss of $100,000 of the former.
Hence if Craft co proves that the accident happened due to the negligence from the side of modern railways then they can claim special damages.
Answer: Producer price index
Explanation:
The producer price index is used to know the average differences in prices that are received by local producers for their output.
To calculate the producer price index, the current prices gotten by the sellers of a good or service is divided by the prices of the good or service using a base year and multiplying the result by 100. The producer price index is also a measure of inflation in an economy.
Answer: See explanation
Explanation:
Based on the information given in the question, the advise for Billy is that he should save his money rather than purchasing things that are useless.
He has goals to get a car, go to college and buy a big house but he's rather spending on useless stuff. This will make his goals harder to achieve but saving the money for future purpose is essential to achieve his dreams and meet other demands.
The amount of discount that the customer incurred by paying the amount due on time is calculated by multiplying the discount rate with the given value. This is calculated as below.
(0.02)(1197) = 23.94
Hence, the amount of discount calculated and recorded is equivalent to 23.94.