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yKpoI14uk [10]
3 years ago
8

Ralph Waters operates a watch repair business in Mesa, Arizona. He orders most of his parts from out-of-state suppliers. He orde

rs watch faces from a supplier in Escondido, California. The supplier does not have a sales force but relies on catalogues shipped to watch dealers throughout the country as his means of marketing. Ralph installed several of the suppliers' watch faces on his customers' watches. A strange chemical reaction between perspiration and the faces of the watches caused Ralph's customers to develop rashes and nausea, with some requiring hospitalization. Ralph wishes to bring suit to recover damages ($75,000) from the Escondido supplier. Which of the following statements is true?
(a) Ralph must bring suit in California to gain jurisdiction over the supplier.
(b) Ralph has a diversity action that can be brought in federal court.
(c) Ralph will not be able to bring suit in Arizona because there are no contacts in the state.
(d) None of the above
Business
1 answer:
ivann1987 [24]3 years ago
7 0

Answer:

B. Ralph has a diversity action that can be brought in federal court

Explanation:

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I knew their support was conditional even though they seemed friendly (use unconditional)​
Firdavs [7]

Answer:

I know their support was not unconditional though they seem friends.

Explanation:

If you are the Bhutanese student then I am sure this question came in 2017 BHSEC. Best of luck.

8 0
2 years ago
Chen Company’s Small Motor Division manufactures a number of small motors used in household and office appliances. The Household
liq [111]

Answer:

a. $11

b. $35

c. If the transferring division does not have excess capacity,this would mean that some units that could have been sold externally would be transferred internally and this creates an opportunity cost. Opportunity costs increase the transfer price.However no opportunity cost exist if transferring division has excess capacity and hence a lower transfer price.

Explanation:

The minimum acceptable price is the price that is acceptable to the transferring division and out of a range of acceptable prices, it is that which would be the best for the company.

When there is excess capacity.

Note : No opportunity costs would exist.

Minimum acceptable price = Variable Cost - Internal Savings + Opportunity Cost

                                            = $11

When there is excess capacity.

Note : Opportunity costs would exist.

Minimum acceptable price = Variable Cost - Internal Savings + Opportunity Cost

                                            = $11 + ($35 - $11 )

                                            = $35

Why Capacity of transferring division (Small Motor Division) has an effect on the transfer price.

If the transferring division does not have excess capacity,this would mean that some units that could have been sold externally would be transferred internally and this creates an opportunity cost. Opportunity costs increase the transfer price.However no opportunity cost exist if transferring division has excess capacity and hence a lower transfer price.

3 0
3 years ago
Every morning before the start of the​ shift, tom and his automotive service team at a large auto dealership have a​ five-minute
Furkat [3]
I might call this a 'bumper' or 'fender' meeting and by comparison, in mining or mineral exploration it often is centred on safety ie expected safety hazards and what precautions to take but could also be very helpful for a rough overview of the overall work for the day,
8 0
3 years ago
Pocus, Inc., reports warranty expense when related products are sold. For tax purposes, the warranty costs are deductible as inc
bixtya [17]

Answer and Explanation:

The appropriate journal entry to record the income tax provision is shown below;

Income tax expense $4,031,000

         To Deferred tax asset $31,000 ($76,000 - ($180,000 × $0.25)

        To Income tax payable ($16,000,000 × 0.25) $4,000,000

(Being income tax expense is recorded)

Here the income tax expense is debited as it increased the expense, credited the deferred tax asset as it decreased the asset and credited the income tax payable as it increased the liabilities

6 0
3 years ago
Toyota's quality problems A. will harm its reputation for years. B. did not exist prior to 2009. C. were usually the fault of au
Elena-2011 [213]

Answer:

A. will harm its reputation for years.

Explanation:

<u>In 2009 , Toyota recalled over 11 million cars</u> to work on its accelerator pedals that stuck to floor mats and could lead to unplanned acceleration. Following this period, Toyota had been trying to gain back its lost goodwill and convince customers of the quality of its cars.

Then <u>about 2 to 3 years later, Toyota recalled about 7.4 million vehicles</u> to fix problems with its power window switches that could lead to a fire.

These quality issues will surely cost Toyota and harm its reputation for years.

3 0
3 years ago
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