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kupik [55]
3 years ago
5

Modern Railways Co. operates a cargo railroad service between New York and Boston. A train owned by Modern Railways derails due

to a rare maintenance problem. The train collides with a delivery truck owned by CraftCo, shattering $100,000 worth of porcelain inside. If CraftCo sues Modern Railways Co. for negligence, CraftCo may be able to recover:________.
a. punitive damages.b. general damages.c. singular damages.d. special damages.
Business
1 answer:
horsena [70]3 years ago
4 0

Answer:

d. Special damages

Explanation:

Special damages -

It refers to as a some particular type of damages that occurs because of the violation of some contract or rule , is referred to as a special damage .

In case the rule is not followed or the contracted is violated , then special damages are applied .

All the covers for the special dam,age is pre- decided and is mentioned in the contract .

Hence , from the given scenario of the question ,

The correct answer is d. special damages .

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4. The journal entry to record costs related to extraordinary repairs would include a __________ to __________.
lubasha [3.4K]

Answer:

First blank - Debit

Second blank - Accumulated Depreciation

Hope this Helps!

8 0
3 years ago
Why was Germany particularly susceptible to a downturn in the economy? (in the 1930s)
Step2247 [10]

I believe the answer is: Germany owed large debts to other countries after World War I


After being forced to surrender in world war I, the Allies forced Germany to pay back all the expense that other countries have to made due to the war that Germany initiated as their term of surrender.

This caused a massive increase in Germany's national debt and caused a downturn in their economy.

7 0
4 years ago
What is an advantage of verbal communication?
ExtremeBDS [4]

Answer:

Sarcasm is and advantage

Explanation:

Its funny

3 0
3 years ago
Read 2 more answers
As a finance manager at AllSports Communication, Charlie worries about the firm's borrowing requirements for the upcoming year.
denpristay [2]

Answer: Cash budget

Explanation:

 The cash budget is the term which is used to define cash flow in the business as it helps in establishing a specific budget by proper analyzing on the outgoing flow and the inflow in an organization.

 Th Cash flow is one of the important concept which is typically used by the various types of organizations for operating all the expenses and the the cash budget is used to avoid the problem of cash shortage.

 According to the given question, the Cash budget is basically providing Charlie with some valuable data or information by proper estimation regarding the requirement of firm. Therefore, Cash budget is the correct answer.  

5 0
3 years ago
Blue Spruce Manufacturing has an annual capacity of 80,200 units per year. Currently, the company is making and selling 78,000 u
Aliun [14]

Answer:

The annual capacity is 85000 units. If order is accepted of 12000 units the company will be able to sell only 73000 units (instead of 78000).

Explanation:

Current Net Income calculation and New Net Income calculation are atteched in the archive.

  • Increase in income = new income – old income = 370000 – 340000 = $30000
  • Marston’s Net Income will INCREASE by $30,000 if it accepts the special order.
  • The above increase can be also understood as---

Contribution gain on special order – 12000 units x ($105-$90) = $180,000

(-) Contribution lost of normal sale – (78000 units – 73000 units) x ($120-$90) = $150000

Net INCREASE = 180000 – 150000 = $30,000

Download xlsx
3 0
3 years ago
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