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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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porter’s competitive strategies outline four different generic corporate strategies. this activity is important because knowledg
PilotLPTM [1.2K]

Porter’s competitive strategies that are appropriate responses respectively

1) Differentiation 2) Focused-differentiation

3) Cost-leadership  4) Cost

<h3>What is porter’s competitive strategies ?</h3>

Using the constraints of its preferred market scope, a company attempts to gain a competitive edge according to Porter's generic tactics. There are three types of generic strategies: focused , differentiating, or lower cost.

One of two strategies for gaining a competitive edge is available to businesses: either decreasing costs in comparison to its rivals or differentiating along consumer dimensions in order to charge a higher price.

Additionally, a business chooses between two possibilities for its scope: focused (supplying its products to certain market segments) or industry-wide.

The decisions made in light of the kind and extent of competitive advantage are represented by the generic strategy. The concept was first presented by Michael Porter in 1980.

To learn more about porter’s competitive strategies

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5 0
1 year ago
Canned food available for sale at grocery stores have been subjected to a commercial canning process. If you bought a can of pea
umka21 [38]

Answer:

Three things:

-Under processing before canning

-Spoilage before canning

-entrance of water through can seams during cooling

Explanation:

The preservation process is aimed at reducing the rate of spoilage of food products over time.

When adequately processed a time can be given during which the food product is still not spoilt. For example 1 year from date of canning. After this period there is a high possibility of food spoilage.

If a can of peas was bought from a grocery and it is spoilt it is either the peas were not well processed, there was spoilage before commercial canning, or water entered when cooling during canning

4 0
3 years ago
During 2016, Rao Co. introduced a new line of machines that carry a three-year warranty against manufacturer's defects. Based on
Over [174]

Answer:

$319,000

Explanation:

The computation of the liability is shown below:

= Total expenses in three year - actual warranty expenditure

where,

Total expenses in three years = Total sales × total percentage of sales

                                                = $6,200,000 × 9%

                                                = $558,000

And, the actual warranty expenditure is $239,000

Now put these values to the above formula  

So, the value would equal to

= $558,000 - $239,000

=  $319,000

6 0
3 years ago
g A review of Parson Corporation's accounting records found that at a volume of 146,000 units, the variable and fixed cost per u
Ganezh [65]

Answer:

The total cost is $1,796,600

Explanation:

Fixed costs are costs that do not change with the change in the volume of good or service sols, but under certain circumstances, when the fixed cost is a direct cost, it can vary on a per unit basis.

Variable costs are costs that change with the change of the volume of goods or service.

Total number of units = 138,200

variable cost per unit = $8

Total variable cost = 8 × 138,200 = 1,105,600

Fixed cost per unit = $5

Total fixed cost = 5 × 138,200 = 691,000

Total cost = 1,105,600 + 691,000 = $1,796,600

4 0
3 years ago
Based on your understanding of bond ratings and bond-rating criteria, which of the following statements is true?a. During an eco
kenny6666 [7]

Answer:

Statements "A" is true.

Explanation:

During a financial recession and a cynical domain, the yield spread between government securities and corporate securities could be higher than during great monetary occasions. This is because the grounds that during a recession, corporate securities would convey more hazard, (for example, higher default chance) than during great monetary occasions. To make up for this extra hazard, financial specialists would request more returns.

5 0
3 years ago
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