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MrRissso [65]
3 years ago
11

A homeowner sued a plumber for damages resulting from the plumber's allegedly faulty installation of water pipes in her basement

, which caused flooding. At trial, the homeowner was prepared to testify that when she first detected the flooding, she turned off the water and called the plumber at his emergency number for help and that the plumber responded, "I'll come by tomorrow and redo the installation for free."
(A) Is the homeowner's testimony regarding the plumber's response admissible?
Business
1 answer:
Leona [35]3 years ago
4 0

Answer: The correct answer is YES it is admissible as evidence of the plumber's fault.

Explanation: An Evidence has probative value if it tends to prove an issue. The testimony of the homeowner of the regarding the plumber's response is a party admission. It is admissible as a hearsay exemption under Rule 801(d)(2)(A) which explains that a statement or statemens made by a party in a case cannot be excluded as hearsay when offered against him by the opponent. As such, the statement is a probative evidence.

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A stock has a beta of 1.3. The systematic risk of this stock is ____________ the stock market as a whole.
Tanzania [10]

The systematic risk for a stock whose beta is 1.3 shows that the stock is <u>higher than</u> the stock market as a whole.

<h3>What is Beta in Stock Market?</h3>

The beta is the statistic that indicates to the trader how that stock performs in contrast to all comparable stocks, or at minimum to the stocks that make a related index.

The volatility of a stock is measured by beta, which is the extent to which its price swings in proportion to the wider stock market.

  • A beta larger than one suggests that a stock's price fluctuates more rapidly.
  • A beta smaller than one suggests a stock's price becomes less volatile than the market as a whole.
  • A beta of one suggests that the stock moves in unison with the entire market.

Learn more about the stock index here:

brainly.com/question/19340027

8 0
2 years ago
A company that makes modular bevel gear drives with a tight swing ratio for optimizing fork-lift vehicles was told that the inte
Troyanec [42]

Answer:

The APY is 14.9%

Explanation:

To find the annual percentage yield we need to compute the effective annual rate of interest.

The Effective annual rate of return(EAR) is the equivalent rate to be paid where compounding is done frequently at period or interval less than a year.

Compounding implies the regular interval when interest is always computed; in this scenario, it is monthly.

The EAR can be worked out as follows

EAR = ( (1+r)^m - 1 ) × 100

r- interest rate per period

m- number of periods in a year

EAR - Effective annual rate

r = 3.5%/3 = 1.167 % per month

m= number of months in a year = 12

EAR =( 1.01167^12-1)× 100 = 14.9%

The APY is 14.9%

This implies the quoted interest rate of 3.5% per quarter is the same as paying 14.9% per year

5 0
3 years ago
In economic terms, the long-run monetary benefits of doing business in a country are based on the size of the market, the presen
Nana76 [90]

Gross domestic product is one of the factor that aid the long run monetary benefit in business.

<h3>What is Gross domestic product?</h3>

Gross domestic product refer to the the overall monetary or market value of all thecompleted goods and services that is manufactured within a specific country at a period of time.

It is the overall measure of overall domestic production, it help the to know if the country is okay or not.

It help to estimate the size of the economy.

To calculate, GDP

GDP = Consumption + investment+ government spending + net worth.

Therefore, Gross domestic product is one of the factor that aid the long run monetary benefit in business.

Learn more on Gross domestic product from the link below.

brainly.com/question/1383956

.

3 0
2 years ago
If you visited a doctor and the total cost of the visit was $50, but you had a $15
Vinvika [58]

Answer: $15

Explanation:

A copayment or copay simply refers to a fixed amount that is paid by a patient for a covered service, before the patient will receive service. It is an insurance policy which someone who's insured will pay whenever he or she access a medical service.

In this case, since the patient has a copay of $15, then the patient will have to pay $15.

7 0
3 years ago
If a price is too high to clear the market, that means
kipiarov [429]

Answer:

If a price is too high to clear the market, that means the quantity of supplies have exceeded the amount that is demanded.

Explanation:

Have a great summer :)

6 0
3 years ago
Read 2 more answers
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