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Shalnov [3]
3 years ago
8

Frank asked his company's employee benefits director if his group health coverage could be converted to individual coverage. the

benefits director said, "yes, you can convert to an individual policy, and the coverage is identical to your group coverage." frank quit his job and converted to an individual policy. six months later he filed a claim. he was dismayed to learn the conversion policy was limited compared to the group coverage, and his claim was denied. what legal doctrine will allow frank to bring a successful legal action against his former employer because he was financially harmed due to his reasonable reliance upon a representation of fact?
Business
1 answer:
Anna007 [38]3 years ago
4 0
<span> The legal doctrine that will allow Frank to bring a successful legal action against his former employer because he was financially harmed due to his reasonable reliance upon a representation of fact is estoppel.
</span> The estoppel is <span> judicial device in common law legal systems used </span>prevent a person from relying upon certain rights, or upon a set of facts which is different from an earlier set of facts.
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6) For the monopolist, marginal revenue is always less than the price of the good.7. The monopolist chooses the quantity of outp
777dan777 [17]

Answer:

Monopolist : Output at MR = MC; corresponding point at demand (AR) curve gives price.

Explanation:

Monopoly is a market structure having a single seller.

Monopolies have usual downward sloping demand curve, depicting price - demand inverse relationship. This 'falling price' case also makes monopoly Marginal Revenue curve usually lie down below its demand i.e Average Revenue Curve. Marginal cost is usually U shaped.

Monopoly producer chooses its equilibrium production quantity where : Marginal Revenue = Marginal Cost. The equilibrium price is determined at the price of corresponding equilibrium output, on the demand (average revenue) curve.

8 0
3 years ago
( WILL GIVE BRAINLIEST!!!) Type the correct answer in the box. Spell all words correctly.
aleksklad [387]

Answer:

0.90

Explanation:

The debt to equity ratio is a type of leverage ratio. It is also known as a risk ratio. It is calculated using the formula below.

Debt to Equity Ratio=Total Shareholders Equity/ Total Liabilities​​.

Shareholders' equity is comprised of retained earnings, share capital, income, and dividends.

Total liabilities are the current liabilities plus long term liabilities.

For Creatz Ltd, Total liabilities are $3500 + $7500= $11,000

Shareholders is $10,000

debt to equity ration

= $10,000/$11,000

=0.90

8 0
3 years ago
What is Philip's curve long and short ones? ​
Veronika [31]

In the Philip's curve the long run usually refers to the vertical line and the rate of unemployment the short run Philips curve denotes inflation and is in L shaped and the relationships indicates the trade-off between the inflation and the unemployment

Explanation:

This curve in general shows the relationship between the rate of increase in the nominal wages and the rate of unemployment and usually lower the rate of inflation higher will be the wages allotted and it will be the vice versa

There will be a shift in the Philips curve when there is a hike in the oil prices abroad and this will cause the curve to shift leftwards so in the long run it will indicate the unemployment rate and in the short run it will indicate the inflation rate

3 0
3 years ago
Digital Fruit is financed solely by common stock and has outstanding 40 million shares with a market price of $20 a share. It no
Marina CMI [18]

Answer:

Digital Fruit

The expected market price of the common stock after the announcement is:

$20 per share.

Explanation:

Outstanding number of shares = 40 million

Market price of outstanding shares = $20 a share

Total market capitalization = $800 million

Debts introduced = $310 million

Market capitalization after the debt issue = $490 million ($800 - 310 million)

Number of shares bought back = $310 million /$20 = 15,500,000

Outstanding number of shares after the buy-back = 40 million minus 15.5 million

= 24,500,000 shares

Expected market price of the common stock after the announcement

= $490,000,000/24,500,000

= $20 per share

3 0
2 years ago
Abarrier along the open sides of stairways and platforms that prevent falling is
kotykmax [81]
Stair rails is a barrier along the open sides of stairways and platforms that prevent falling is
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