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Zepler [3.9K]
3 years ago
14

In Ben v. City Car Dealership, a state supreme court held that a minor could cancel a contract for the sale of a car. Now a tria

l court in the same state is deciding Daphne v. Even Steven Auto Deals, Inc., a case with similar facts. Under the doctrine of stare decisis, the trial court is likely to
a. disregard the previous case.
b. order the minor to cancel the contract.
c. require the minor to fulfill the contract.
d. allow the minor to cancel the contract.
Business
1 answer:
Neporo4naja [7]3 years ago
7 0

Answer:

The correct answer is D

Explanation:

Under the doctrine of the stare decisis, the court will look into the past or the similar issues in order to guide their decisions related to the issues. And the past decisions are referred or acknowledged as the precedent.

Precedent is the principle or rule which is legal and it is established or created by the decision of the court. And this decision become the authority or the example for judging or deciding the similar issues.

Therefore, in this case, the trial court when deciding upon the case of D v E, will likely to allow or permit the minor to cancel the contract or the agreement.

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Celebrities and famous individuals often make __________, or positive statements, about a product based on their personal experi
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Answer:

It might be endorsement.  

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8 0
3 years ago
On January 1, 2019, Shay Company issues $290,000 of 11%, 20-year bonds. The bonds sell for $282,750. Six years later, on January
abruzzese [7]

Answer:

1.

$7,250

2.

$284,562.5

3.

Dr. Bond Payable          $290,000

Dr. Loss on Retirement $18,487.5

Cr. Bond Discount         $5,437.5

Cr. Cash                         $303,050

Explanation:

1.

Bond is issued on the discount when it is issued below the face value.

Discount value = Face value - Issuance value = $290,000 - $282,750 = $7,250

2.

Carrying value of the bond is the net of face value of the bond and un-amortised bond discount.

Carrying value = 290,000 - ($7,250 x (20-5) / 20) = $284,562.5

3.

Bond Discount = $7,250 x 15/20 = $5,437.5

5 0
3 years ago
Gary earned a gross pay of $1,047.30 last week. Using the fact that Social Security tax is 6.2% of gross pay, determine the amou
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B 6.2 out of it is not much  but not that little

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3 years ago
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Answer:

They have increased the importance of production economies of scale.

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Flexible production allows the manufacture of different types of products in the same industrial production line. This makes companies lower costs by avoiding tool change, time savings, and industry structure.

This type of economy fits into the description of economies of scale. Economies of scale are those where the increase in production results in a decrease in the average cost of the product. Increasing production - by including more products on the production line - without a proportional increase in the factory's installed capacity leads to a reduction in the average cost of production, ie it is an economy of scale.

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Answer:

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