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
Gekata [30.6K]
3 years ago
13

Harvey is planning to file a case against a petrochemical giant that has a plant in his town. The petrochemical plant is dumping

toxic wastes into its surrounding areas. Harvey is mobilizing the residents of the town, all of whom have suffered from various health problems due to the activities of the plant. Which of the following would be of most help to Harvey and the other residents?
A. Affirmative defense
B. Class action
C. Demurrer
D. Directed verdict
Business
1 answer:
Lelechka [254]3 years ago
7 0

Answer:

B. Class action

Explanation:

In this scenario, Harvey is planning to file a case against a petrochemical giant that has a plant in his town because the petrochemical plant is dumping toxic wastes into its surrounding areas. Sequel to this, Harvey is mobilizing the residents of the town, all of whom have suffered from various health problems due to the activities of the plant.

Hence, a class action would be of most help to Harvey and the other residents.

In Law, a class action is a type of lawsuit in which a collective group of people (plaintiffs) having similar injuries or suffering similar damages caused by a particular company's product or action sue the defendant on behalf of a larger group. This simply means that, the group of people (plaintiffs) have a common interest as a result of sharing similar actions from an event.

<em>Hence, the larger group that is being represented by Harvey is referred to as the "class" in business law.</em>

<em>Additionally, it is required by law that the class attest to the fact that they were affected by the actions of the petrochemical plant (defendant). </em>

You might be interested in
The largest asset class on u.s. commercial banks' balance sheet as of september 30, 2012 was
Thepotemich [5.8K]
Answer: real estate loans
6 0
3 years ago
Iris Company has provided the following information regarding two of its items of inventory at year-end: There are 160 units of
maw [93]

Answer:

$7,840

Explanation:

The inventory of Items A and B should be valued at the lower of cost and the net realizable value.

The cost is the invoice price at time of purchase ,while the net realizable value is the selling price less to sell

Products              Cost          Selling price cost to sell NRV    unit value

   A                         $18               $22                $6     $16             $16

   B                          $48              $54                $4    $50             $48

Item A is valued at $16 each i.e $16*160=$2,560

Item B is valued at $48 each i.e $48*110=$5,280

total value of inventory                             =$7,840

The ending inventory valued at the lower of cost or net realizable value is worth $7,840

6 0
3 years ago
Bramble Corp. incurs the following costs to produce 9900 units of a subcomponent: Direct materials$8316 Direct labor11187 Variab
matrenka [14]

Answer:

$3,762

Explanation:

The computation is as seen below

Total cost when the production is 9,900 units

Direct materials $8,316

Direct labor $11,187

Variable overhead $12,474

Total $31,977

But,

Their new cost on supplier offer is

= $2.85 × 9,900 units

= $28,215

In the case when the order is accepted, the net income would increase by

= $31,977 - $28,215

= $3,762

5 0
3 years ago
Rusty sells his home for $330,000. He must pay a 6% brokerage fee which will be split evenly between the selling broker and list
Solnce55 [7]

Answer:

=$ 80, 200.00

Explanation:

selling price : $ 330,000.00

Commission 6 %:

Commissions paid = 6/100 x $ 330,000.00

     =$19,800.00

Closing costs =: $ 5000.00

Mortgage  paid : $ 225,000

Total payouts:  $19,800 + $50,00+ $225,000

   =$ 249, 800.00

Rusty Expects: $ 330,000.00- $ 249,800.00

   =$ 80, 200.00

8 0
3 years ago
Find the amount of the payment to be made into a sinking fund so that enough will be present to accumulate the following amount.
TEA [102]

Answer:

PV= $81,947.83

Explanation:

Giving the following information:

Future value= $95,000

Interest rate= 0.03

Number of periods= 5

To calculate the initial investment required to reach the objective, we need to use the following formula:

PV= FV/(1+i)^n

PV= 95,000/(1.03^5)

PV= $81,947.83

6 0
3 years ago
Other questions:
  • Suppose a bank enters a repurchase agreement in which it agrees to buy Treasury securities from a correspondent bank at a price
    8·1 answer
  • Marketing is considered both an art and a science. how do the 4ps, or marketing mix, help us bridge the gap between art and scie
    13·1 answer
  • The use of mathematical tools such as the application of linear programming for optimizing operations and the statistical proces
    9·1 answer
  • A retail company sells agricultural produce and consumer products. The company procures materials from farmers and local produce
    15·1 answer
  • In expectancy theory, valence refers to the:
    8·1 answer
  • A sociologist wants to study popular attitudes and perceptions about astrology among college students in California. She believe
    6·1 answer
  • In support of its effort to make the world a better place, Secret has introduced a number of new products including Secret Clini
    12·1 answer
  • The U.S. GAAP Financial Reporting Taxonomy is an electronic dictionary of business reporting elements used to report ________.
    5·1 answer
  • Ou have 3 credit cards: $990.34 (credit limit: $3,500.00), $2,365.78 (credit limit: $4,600.00), and $5,897.65 (credit limit: $8,
    9·1 answer
  • You managed a risky portfolio with an expected rate of return of 28% and a standard deviation of 78%. The T-bill rate is 5%. You
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!