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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>

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What are two ways you could continue to build to your personal human capital in the next five years
kondaur [170]

Personal human capital is defined as the <em>present value </em>of all <em>future </em>wages. So, you can increase your personal human capital by increasing your future earning potential. There are many ways to do this including investing in your education, working on your social and professional networking skills, and getting on the job training.

6 0
4 years ago
How did President Trump react to the two multilateral trade agreements, the Trans Pacific Partnership and the Transatlantic Trad
zhenek [66]

Options:

He pulled the United States out of these negotiations.

He attempted to expand these agreements to include other nations.

He quickly signed the agreements after taking office.

He asked that the United States control more than 50 percent of the involved nations.

He agreed that even more multilateral trade agreements should be established.

Answer:He pulled the United States out of these negotiations.

Explanation:Trans Pacific Partnership is one of the strategic policies of Former president barrack Obama,it involves a dress trade agreements between the United States of America and the Asian countries but in 2017,President Trump withdrew from the trade agreements.

President Trump also pulled out if the Transatlantic Trade and Investment Partnership which was a trade agreement between the United States of America and Europe.

7 0
4 years ago
Bloomington Inc. exchanged land for equipment and $2,700 in cash. The book value and the fair value of the land were $105,400 an
erica [24]

Answer:

The answer is c. Equipment: 87,200; Gain/(loss): (15,500).

Explanation:

Since the exchange has commercial substance,

- Fair value of the equipment is equal to: Fair value of the land - Cash consideration receipt = 89,900 - 2,700 = $87,200.

- The disposal of land in the Balance sheet following the exchange needs to account for the differences between Book value of land and Fair value of land. Since Fair value is now smaller than Book Value, a Loss has to be recognized at the amount calculated as (Fair value - Book value) = (89,900 - 105,400) = $(15,500).

Thus, the answer is c. $87,200 $(15,500).

5 0
3 years ago
The market capitalization rate on the stock of Aberdeen Wholesale Company is 12%. Its expected ROE is 14%, and its expected EPS
Dmitry_Shevchenko [17]

Answer:

100

Explanation:

The market capitalization rate is 12%

= 12\100

= 0.12

Its expected ROE is 14%

= 14/100

= 0.14

The expected EPS is $3

The Plow back ratio is 80%

= 80/100

= 0.8

The first step is to calculate the dividend payout ratio

= 1-0.8

= 0.2

The expected dividend can be calculated as follows

=0.8×3

= $2.4

The growth rate can be calculated as

follows

= 0.8×0.14

= 0.112×100

= 112%

The value can be calculated as follows

= 2.4/0.12-0.112

= 2.4/0.008

= 300%

Therefore, the P/E ratio can be calculated as follows

= 300/3

= 100

7 0
3 years ago
In 1913 a new ______________ banking system was created by Congress to be in charge of the money supply, act as a "banker’s bank
34kurt

Answer:

A. central

Explanation:

The central banking system of America or the Federal Reserve System was created in December 1913, through the enactment of the Federal Reserve act. It was founded by the Congress to provide a stable, safe, and flexible financial and monetary system. The formation of the central banking system was brought about by the desire to have control of the monetary system to alleviate financial crises.

The central banking system performs various functions that are significant to the economic stability and growth in the US.  A few of those functions include.

  1. Implement monetary polices to influence stable prices, achieve target unemployment and inflation rates.
  2. Regulating and supervising commercial bank activities in the US.
  3. Providing a secure and safe payment system in the country
  4. Acts as the lender of the last resort
5 0
3 years ago
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