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Fiesta28 [93]
3 years ago
12

Charlotte Newsom worked as a cashier at a store. One day she was told to report to the manager's office, where she was accused b

y two security staff members of stealing $500. She denied stealing the money. The meeting lasted two hours. The security staff asserted to have evidence of theft, although Newsom constantly denied the claim. Whenever Newsom said she wanted to leave, the staff told her she would be arrested for theft if she left. Finally, Newsom wrote a statement denying the charge. She was fired on the spot and left the store. Did she have a case for false imprisonment
Business
1 answer:
Dafna1 [17]3 years ago
6 0

Answer:No, because the staff members only threatened to arrest her if she left, and that she was free to leave at any time.

Explanation: False imprisonment is an intentional tort, defined under tort law as an act of restraining someone in a bounded area without any authority.

Bounded Area

- It can be a physical barrier such as locking someone where they can't get out,it involves using physical force to keep that person in that area. The bounded are is characterized by limited room for movement in any direction. If one can easily find means to escape from that area , without getting hurt this means the area is not bound but if there is a chance of getting physically harmed when one tries to escape then the area is bounded. Charlotte was in manager's office ,which has no limited movement.

A threat to harm this person or their family would also be counted as a bounded area.

A mere threat to imprison doesn't count as false imprisonment like in Charlotte was only threatened that if she leaves she will be arrested but we don't sense any sign that she will be injured if she left . The court always consider if the person had any fear that they will be injured if they left the place.

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Monica [59]

Answer: Interest earned by the account.

Explanation: When a bank debits an account money is been removed from the account. This can either be as a result of: the account owner withdrawing from the account, a cheque paid to another person, bank service charges.

While when a bank credits an account money is added to the account. It can occur as a result of : money paid into an account, bank interest paid on accounts.

Therefore interest earned on an account is credited to the account holder.

7 0
3 years ago
You have been offered an investment that will pay you a lump sum of $30,000 25 years from today, along with a payment of $1,000
leva [86]

Answer:

$5,793.40

Explanation:

The amount you invest is called the Principle Value (PV). Therefore the question requires us to determine the Principle Amount that will pay you a lump sum of $30,000 25 years from today.

<em>FV = $30,000</em>

<em>N = 25</em>

<em>PMT = ($1,000)</em>

<em>P/Yr = 1</em>

<em>I = 6 %</em>

<em>PV = ?</em>

Using a Financial Calculator to input the values as shown above, the Principle Value (PV) is calculated as $5,793.40.

Therefore, you will be willing to invest $5,793.40 today to have this investment in your portfolio

6 0
3 years ago
Suppose that at the beginning of 2019 Jamaal's basis in his S corporation stock is $0, he has a $0 debt basis associated with a
ivann1987 [24]

Answer:

$0 stock basis; $10,000 debt basis

$1,000 (original stock basis) + $4,000 ordinary income − $7,000 distribution = $0 stock basis and a $2,000 distribution in excess of stock basis generating $2,000 of capital gain. Debt basis is not reduced by distributions.

Explanation:

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3 years ago
Which organization was one of the five services that merged to form the current Coast Guard?
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3 years ago
For each scenario, calculate the cross-price elasticity between the two goods and identify how the goods are related. Please use
Leto [7]

Answer:

a. Cross-price elasticity between A and B: 0. Relationship between A and B: No relationship.

b. Cross-price elasticity between C and D: 2.22. Relationship between C and D: Substitute.

c. Cross-price elasticity between E and F: -8.50. relationship between E and F: Complimentary.

Explanation:

a. Cross-price elasticity between A and B: relationship between A and B:

Percentage change in price of A = 20%

Percentage change in quantity of B =  0%

Cross-price elasticity between A and B = 0%/ 20% = 0.00

Relationship between A and B = No relationship

Note: There is no relationship between A and B because the cross-price elasticity between A and B is zero. That is, change in the price of A does not have any effect on the quantity demanded of B.

b. Cross-price elasticity between C and D: relationship between C and D:

Percentage change in price of C = {($4 - $3) / [($4 + $3) / 2]} * 100 = 28.5714285714286%

Percentage change in quantity of D = {(85 - 44) / [(85 + 44) / 2]} * 100 = 63.5658914728682%

Cross-price elasticity between C and D = 63.5658914728682% / 28.5714285714286% = 2.22

Relationship between C and D = Substitute

Note: The relationship between C and D is substitute because the cross-price elasticity between C and D is positive. That is, an increase in the price of C makes consumer to switch to and buy more of D which is a substitute.

c. cross-price elasticity between E and F: relationship between E and F:

Percentage change in price of E = - 2%

Percentage change in quantity of F =  17%

Cross-price elasticity between E and F = 17%/ (-2%) = - 8.50

Relationship between E and F = Complimentary.

Note: The relationship between E and F is complimentary because the cross-price elasticity between E and F is negative. That is, an increase in the price of E makes consumer to buy more less F which is a compliment or use together with E.

7 0
3 years ago
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