Answer:
A. can be held liable for negligence because the store has a duty to warn its customers against foreseeable risk.
Explanation:
Negligence is a breach of act or certain level of behaviour, expected to be carried out by a reasoble person normal under the normal circumstances.
For a negligence claimed to stand in the court of law,
There must be an absence of duty of care by the defendant to the plaintiff.
There must be damages, losses, injury or harms suffered in the process by the plaintiff.
Causation. It must be proven that the plaintiff suffered loss, damage or injury as a result of defendant's negligence.
Examples of negligence is a shop owner who fails to put caution sign on a wet floor, a driver who fails to observe road signs thereby causing injury to pedestrians.
Answer:
C.
Explanation:
Price elasticity of demand (PED) measures the responsiveness of demand after a change in the good’s own price.
Demand is relatively inelastic if the quantity demanded changes less than proportionally to the change in price
.
In this instance, total revenue increases following an increase in price.
Inelastic product is highly unresponsive to changes in price.
If the co-efficient of price elasticity of demand <1, then demand is said to be price inelastic i.e. unresponsive to a change in price Price.
Following a change in price, the total revenue earned by the producing firm will depend on the PED for its product.
If the coefficient of PED is <1, a rise in market price (e.g. from P1 to P2) will lead to an increase in total revenue for the seller of the product.
Tony and Gareth are not eligible for student financial aid.
Basic eligibility requirements for financial student aid are:
Be a U.S. citizen or an eligible noncitizen (including a U.S. national or permanent resident) and have a valid Social Security number.
Have a high school diploma or GED certificate.
Be enrolled or accepted as a student in an eligible degree or certificate program.
Earn a minimum GPA.
Tony has still not completed high school, and Miami resident Gareth does not has a social security number.
Keith and Marshall may be eligible for the financial student aid if they meet all other requirements for financial student aid.
Learn more about financial aid here: brainly.com/question/26499492
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Answer:
$16,400
Explanation:
The formula for Retained Earnings = Total assets - Total Liabilities except Retained Earnings
Under the Balance sheet in accordance with this question, the asset recognizable are Cash Account Receivables Prepaid Rent and Merchandise inventory. The liability recognizable are Account payable, Salary Payable, Notes Payable and Common stocks
Therefore Retained earnings = (12000+3000+700+25000)-(14000+1500+800+8000)
Retained earnings = 40700 - 24300
Retained earnings = $16,400
Answer:
amount that should be reported for patent amortization expense for 2018 will be $90000.27
Explanation:
given data
purchased patent = $405,000
useful life = 10 years
spent = $99,000
remaining useful life = 5 years
solution
first we get here amortization from September 1, 2016 - January 1, 2018 that is
September 1 - december 31 = 
= 0.333333
amortization = (1 + 0.333333) × (405000 ÷ 10)
amortization = $53998.65
and
now we get remaining value before defence
remaining value = $405,000 - $53998.65
remaining value = $351001.35
and
now we get here amount to be reported for patent amortization expense for 2018
amount = ( $351001.35 + $99,000 ) ÷ 5
amount = $90000.27
so amount that should be reported for patent amortization expense for 2018 will be $90000.27
