The best ground on which the defendant ( Company S ) can dismiss the suit filed by the plaintiff (Company T) is the standing to sue.
<h3>What is standing to sue?</h3>
Standing to sue refers to a situation where the plaintiff who has filed the case must prove with appropriate proof of having damages or injuries in respect of the conduct of the defendant.
In the provided case, Company T has to prove that the products of Company S are actually defective through appropriate evidence. If Company T can't able to prove their alleged claim before the court, then the case is decided in the favor of the defendant party, that is, Company S.
Therefore, the standing to sue can be used as a ground by Company S for dismissing the claim of Company T.
Learn more about the standing to sue in the related link:
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It would give me the impression that you’re not interested in the interview. If someone walked into an interview while doing the above personally I would see them as “having better things to do”
Anyways, Hope this somehow helps!
Answer: D. increases in government purchases.
Explanation:
Crowding out may occur simply due to expansionary fiscal policy that is, a situation wherby the government wants to increase the money in circulation and also increase its expenditure. This can lead to the government borrowing funds.
Crowding out may occur when fiscal policy involves increases in government purchases. This borrowing in turn, affects the money that will be available to the private investors as there'll be lesser funds for them.
Answer:
(a) Journalize the payment of the bond interest on January 1, 2022.
Dr Interest payable - bonds payable 40,400
Cr Cash 40,400
The interest expense on the bonds payable should have been accrued on the 2021 balance sheet, that is why we debit interest payable and not interest expense.
(b) Assume that on January 1, 2022, after paying interest, Blossom calls bonds having a face value of $100,000. The call price is 103. Record the redemption of the bonds.
Dr Bonds payable 100,000
Dr Call premium 3,000
Cr Cash 103,000
(c) Prepare the adjusting entry on December 31, 2022, to accrue the interest on the remaining bonds.
interest expense = $405,000 x 8% = $32,400
Dr Interest expense - bonds payable 32,400
Cr Interest payable - bonds payable 32,400
Answer:
See below.
Explanation:
For a)
The money multiplier or the credit multiplier can be calculated as follows,
Money multiplier = 1 / reserve ratio
Multiplier = 1 / 0.12 = 8.33 times
For b)
For a negative $80 million change by the Fed there will be a total change in the economy of 80 * 8.33 = $666.4 million.
A -80 million change will contract money supply by $666.4 million in the economy.
For c)
This can be calculated by dividing the target by the money multiplier.
So to achieve a change of $500m the Fed will expand the money supply by
= 500 / 8.33 = $60.02m.
Hope that helps.
