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I am Lyosha [343]
3 years ago
15

The plaintiff and defendant were involved in a car accident in which the plaintiff's vintage sports car was severely damaged. Th

e plaintiff sued the defendant in federal court for $200,000 in damages, alleging that the defendant had run a red light and caused the accident. The defendant claimed that the light was green. The plaintiff files a motion for summary judgment supported by an authenticated surveillance video that clearly shows the defendant driving through the red light, as well as an affidavit from a vintage car expert who described the value of the plaintiff's car and the cost of repairing the damage. The defendant opposes the motion for summary judgment but offers no supporting evidence regarding the color of the light. He does, however, offer affidavits from two car experts who stated that the plaintiff's car was not nearly as valuable as he claimed and that only $50,000 worth of damage was done to it.
May the court grant the motion for summary judgment?
Business
1 answer:
Tanya [424]3 years ago
3 0

Answer:

The court may grant partial summary judgment on the matter of liability and give the issue of damages to a jury.

Explanation:

Summary judgment may be partial as well as complete. Because there is no genuine dispute of material fact regarding the cause of the car accident (due to the fact that the defendant failed to submit any evidence in response to the motion for summary judgment), the court can grant partial summary judgment on the issue of liability.

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Consider a project where the initial cash flow is negative and where all subsequent cash flows are positive.
Licemer1 [7]

Answer:

b. NPV < 0

Explanation:

The internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested.

The decision rule is invest if IRR > required rate of return and don't invest if IRR < required rate of return.

The net present value is the present value of after tax cash flows from an investment less the amount invested.

The decision rule is invest if NPV > 0 and don't invest otherwise.

The payback period measures how long it takes to recover the amount invested in a project from its cumulative cash flows.

There is no set acceptable pay back period. It is usually set at the discretion of firms.

The profitability index is the present value of a projects cash flows divided by the cost of investment.

The decision rule is invest if PI > 1 and don't if its otherwise.

For a project where the initial cash flow is negative and where all subsequent cash flows are positive, the NPV and IRR would agree.

From the question the IRR is less than the required rate of return which means the project shouldn't be embarked on. When the NPV is calculated, the same conclusion should be reached. So, the npv should be less than zero.

I hope my answer helps you

7 0
3 years ago
Colleges offer two-year programs that enable students to obtain an associate degree
Hitman42 [59]

Answer: i believe this is true

Explanation:

6 0
3 years ago
Norman Pilbarra submits a market order to buy 400 shares. What is the maximum price that he will pay?
olga nikolaevna [1]

Answer:

The question is missing stock quotes which are found in the attached.

The maximum price that Norman Pilbarra will pay to buy 400 shares is $103.8 per share.

Explanation:

Judging from the attached stock quotes,the first 200 shares offered for sale is $103.5 per share while the next 200 shares is at a price of $103.8.

This then means that the maximum price for 200 shares is $103.8.This information is derived from the ask prices not bid prices since ask price is for sale,whereas bid is for purchase.

5 0
4 years ago
True or false: Although change management is not a distinct management function, it is used to perform the five management funct
s2008m [1.1K]

Answer:

it is true because that just makes sense to me

6 0
3 years ago
A property is sold for $350,000. The buyer has paid $12,000 as earnest money and is obtaining a 70% loan. Based on the informati
Zolol [24]

Answer:

$93,000

Explanation:

Data provided in the question:

selling cost of the property = $350,000

Earnest money paid = $12,000

Percentage of loan obtained = 70%

Now,

The amount of loan obtained = 70% of $350,000

= $245,000

Therefore,

Amount to be paid by self

= selling cost of the property - amount of loan obtained

= $350,000 - $245,000

= $105,000

Thus,

Additional cash the buyer will have to bring to the closing day

= Amount to be paid by self - Earnest money paid

= $105,000 - $12,000

= $93,000

7 0
3 years ago
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