1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
IrinaVladis [17]
3 years ago
8

Lipstik, Inc. makes cosmetics. Lipstik intentionally mislabels its packaged products to conceal a defect. Trusting and relying o

n the mislabeling, Mikayla buys a Lipstik product and suffers an injury. Lipstik is most likely liable for
Business
1 answer:
Zanzabum3 years ago
8 0

Answer:

Fraud.

Explanation:

Fraud is defined as intentional misrepresentation aimed at gaining unlawful advantage or to deprive a victim of a legal right.

In civil law the victim can file for recovery of money, while in criminal law the fraud perpetrator may be committed to prison.

Lipstik intentionally mislabels its packaged products to conceal a defect, and gains unfair advantage by selling these defective goods to customers. Mikayla buys the lipstick based on the misrepresented information on the label and gets injured.

You might be interested in
In which of the following teams is leadership of most importance to coordinate the efforts of various teams in order to produce
Sauron [17]

Answer: problem-solving teams

Explanation: group of individuals assembled to work on a project that involves resolving one or more issues that have already arisen or to deal effectively with issues as they arise. In a business context, a problem solving team will typically be formed for a limited time frame incorporating staff from different organizational levels with various relevant skill sets.Problem Solving Teams are temporary structures that bring together leaders and team members from across the organization to focus on solving a specific problem. The benefits are many, including not just a solved problem, but also a more resilient organization, a stronger social network and a growing cohort of problem solvers with increased skills and abilities. This approach draws from many influences, including complexity science, social network theory, military doctrine, flight crews, and emergency responders. We have been experimenting with this approach across several areas that involve multiple geographies and multiple functions.

5 0
3 years ago
A measure of social class that is based on income, wealth, prestige and power is called? a. socioeconomic status. b. esteem. c.
tekilochka [14]

A measure of social class that is based on income, wealth, prestige and power is called socioeconomic status.

What is Socioeconomic Status?

A person's socioeconomic status is a combined economic and sociological assessment of their level of education, employment history, access to resources, and standing in society.

Therefore,

A measure of social class that is based on income, wealth, prestige and power is called socioeconomic status.

To learn more about socioeconomic status from the given link:

brainly.com/question/8625928

5 0
1 year ago
Question 12 Which answer illustrates "compound interest"?
Ber [7]

Answer:D

Explanation:

7 0
3 years ago
Target profit is $100,000; fixed overhead costs are $120,000 and fixed selling and administrative costs are $50,000. If total va
vlada-n [284]

Answer:

40%

Explanation:

The markup percentage to the variable cost using the variable cost method can be obtained by dividing the addition of the target profit and total fixed cost by the total variable cost as follows:

Total fixed cost = Fixed overhead costs + Fixed selling and administrative costs = $120,000 + $50,00 = $170,000

The markup percentage to the variable cost = (Target profit + Total fixed cost) / Total variable cost = ($100,000 + $170,000) / $675,000 = $270,000 / $675,000 = 0.40, or 40%.

Therefore, the markup percentage to the variable cost using the variable cost method is 40%.

3 0
4 years ago
Gomez Corp. uses the allowance method to account for uncollectibles. On January 31, it wrote off an $2,800 account of a customer
laila [671]

Explanation:

The Journal entry is shown below:-

On Jan 31

Allowance for doubtful accounts $2,800

                     To Accounts receivable - C. Green $2,800

(Being the uncollectible amount is recorded)

Mar 09

Accounts receivable - C. Green $2,300

               To  Allowance for doubtful accounts $2,300

(Being the written off amount is recorded

Mar 09

Cash $2,300

              To Accounts receivable -  C. Green $2,300

(Being the payment is received is recorded)

7 0
3 years ago
Read 2 more answers
Other questions:
  • Miriam's employer offers paid vacations, health insurance, and life insurance, as well as a 401(k). Currently, Miriam is partici
    7·1 answer
  • Water resource economics. The riparian doctrine Select one: a. Is a method of allocating water, according to proportion of land
    14·1 answer
  • The CFO of Edward's Food Distributors is continually receiving capital funding requests from its division managers. These reques
    14·1 answer
  • Which accounting principle states that a company should "report expenses in the same period as the revenue they help generate"?
    7·1 answer
  • Rework problem 3 in section 1 of Chapter 7 of your textbook, about the Natural Fertilizer Company, using the following data. Ass
    8·1 answer
  • Revenues for United Parcel Service (UPS) come from the following business segments: 61 percent from U.S. package delivery operat
    10·1 answer
  • Which of the following is an instance of persuasive speaking? a. a president of a company presenting an award to an outstanding
    5·1 answer
  • Stephen is a hairdresser who gives haircuts to two customers in the same day. The haircut he gives to the first customer is not
    15·1 answer
  • Murphy Company, a cash-basis, calendar-year taxpayer, received a call on December 28, year 1, from a client stating that a check
    13·1 answer
  • Are the statements true, false, or uncertain arguments? An export tax always reduces the exporter's net revenues. It is highly e
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!