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Semenov [28]
3 years ago
13

Reggie, a resident of South Dakota, has an accident with Toby, a resident of Utah, while driving through that state. Toby files

a suit against Reggie in Utah. Regarding Reggie, Utah has jurisdiction based on______
Business
1 answer:
Tanya [424]3 years ago
7 0

Answer: in personam jurisdiction

Explanation: The “long-arm statute,” is a law in majority of states that explains when a court can have in personam jurisdiction over parties who do not reside in that state. Certain conditions must be met for the court to have this jurisdiction. In general, the cause of action should have occurred in the state where the case is being filed; the defendant was personally served with the court papers in the state; or the defendant has a minimum contact with the state.

In personam jurisdiction is defined as a court's jurisdiction over the parties in a lawsuit, that is, it has both the authority to rule on the law and evidences of a suit and the power to enforce its decision upon all parties to the suit.

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Evaluate how a change in consumer incomes will affect the demand
dalvyx [7]

Answer:

They will be less likely to rent an apartment and more likely to own a home. A product whose demand falls when income rises, and vice versa, is called an inferior good. In other words, when income increases, the demand curve shifts to the left.

For normal economic goods, when real consumer income rises, consumers will demand a greater quantity of goods for purchase. ... When nominal income increases without any change to prices, this means consumers can purchase more goods at the same price, and for most goods, consumers will demand more.

Explanation:

8 0
2 years ago
Does the color of an object change with shape change
Naily [24]

Answer:

is the clay

jh

Explanation:

badal da payara

7 0
2 years ago
The following data pertain to Ronaldo Enterprises:
dmitriy555 [2]

Answer:

its b i am pretty sure its b

3 0
2 years ago
What are the challenges in entrepreneur?<br>​
tester [92]

Inadequate capital. Entrepreneurs do not have enough money to venture into sectors they are willing to.

Marketing strategy. They do not know the best way to advertise their products.  

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8 0
3 years ago
Current sales revenue is $5,000, total variable costs are $2,000, and total fixed costs are $1,000 (no data on units). a) Comput
adelina 88 [10]

Answer:

a) CMR=  0.6

b)CVP=0.6-$1,000

c) Profit= $5000

d) Sales $10,000

e) Break-even=$3000

f) Profit increases =$600

Explanation:

a) contribution margin ratio formula is

(Total revenue -variable cost )/Total revenue

=($5,000-$2,000)/$5,000= 0.6

b) CVP relation: profit as a function of sales revenue

Version 2:

Profit = CMR × Revenue – FC

where

CMR = contribution margin ratio (contribution per $ of sales)

Revenue = sales revenue in $

FC = fixed costs

That means

Profit = 0.6*Revenue-$1,000

c)profit = 0.6*$10,000-$1,000

profit = $6000-$1,000

profit =$5000

d)

profit = 0.6*Revenue-$1,000

Revenue =(profit +$1,000)/0.6

Revenue = ($5,000 +$1,000)/0.6= 10000

e)Break even is when sales are equal to the cost.  

sales revenue=variable costs+fixed costs

sales revenue=$2,000+$1,000

Break-even=$3000

f)profit increases

profit increases =0.6*Revenue-$1,000

profit increases =0.6*$1,000=$600

8 0
3 years ago
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