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Rzqust [24]
3 years ago
7

Jim, a Connecticut resident, ran a red light while he was vacationing in California and collided with Amanda’s car. Amanda suffe

red extensive injuries from the accident and successfully sued Jim for $200,000 in a California state court. The California court exercised quasi in rem jurisdiction over Jim’s California vacation home by seizing it and selling it for $300,000. What must the court do with the excess proceeds?
Business
1 answer:
kolezko [41]3 years ago
5 0

Answer: The court must return the excess proceeds to Jim.

Explanation: The excess money left after a property is sold and the debt owe is paid off is termed surplus and it is usually given to the owner of the property sold.

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The Wiz Co. owes $60 to its bondholders. The company expects to have a cash flow of $136 if the economy continues as is but that
Schach [20]

Answer:

$24

Explanation:

Calculation for the amount that the bondholders

will paid in the case of a recession

Using this formula

Amount to be paid by Bondholder=Decreased in cash flow- Legal and other fees

Let plug in the formula

Amount to be paid by Bondholder = $54 − $30

Amount to be paid by Bondholder= $24

Therefore the amount that the bondholders will paid in the case of a recession is $24

3 0
3 years ago
What are the two characteristics of public goods? is u.s. border control a public good or a private good? why? how about satelli
Cloud [144]

Two main characteristics of Public goods are that they are non-excludability and non-competitiveness. These characteristics make it difficult for market producers to sell their goods to the individual consumers. The Non-excludable means that it is expensive or impossible for users to exclude other users from using the product.

The US Border Patrol is a Public Good US Border Patrol is a public good because it is the non-competitive and non-exclusive. The Satellite TV is personal property. Equilibrium output is greater than efficient output when negative externalities exist in the market. Use the regulations that require firms to internalize  external costs.

To learn more bout Public goods, click here.

brainly.com/question/14975509

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7 0
2 years ago
a segment should probably be dropped when the segment blank . multiple select question. has a positive segment margin but cannot
andrew11 [14]

A segment should probably be dropped when the segment has important side effects on other segments cannot cover its own costs. The correct option is B.

<h3>What is a segment margin?</h3>

The profit or loss generated by one component of a business is referred to as segment margin.

Segment margin only considers the segment's revenue and expenses.

By analyzing a company's strengths and weaknesses, segment margin can provide an accurate picture of where it is performing well and where it is not.

If a segment cannot cover its own costs, it should be dropped unless it has significant side effects on other segments.

Thus, the correct option is B.

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5 0
2 years ago
Please answer asap NO LINK PLS
Fynjy0 [20]
Thanks you for helping me with the link
8 0
3 years ago
"Assume that Bullen issued 12,000 shares of common stock with a $5 par value and a $47 fair value for all of the outstanding sha
Ghella [55]

Answer:

Additional paid in capital in excess of par value is any amount of money received through issuing stocks at a higher value than par:

additional paid in capital = ($47 - $5) x 12,000 stocks = $42 x 1,200 = $504,000

Additional paid in capital does not affect retained earnings, so retained earnings should remain unchanged.

8 0
3 years ago
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