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lions [1.4K]
3 years ago
9

Phillip was waiting for a bus at a bus stop. Across the street and down the block, a mechanic negligently overinflated a tire he

was intending to put onto Marsha’s pickup truck. The exploding tire injured Marsha and frightened a neighborhood dog, which ran down the street and knocked Phillip down, injuring his knee. Phillip sued the mechanic. In applying the concept of proximate causation as explained in the decision of Palsgraf v. Long Island Railroad Co. to this case, Phillip would
Business
1 answer:
lozanna [386]3 years ago
5 0

Answer: He is more likely to lose the case.

Explanation:

Philip is likely to lose because eventhoug the mechanic's action or conduct was an act of negligence toward Marsha, it was not a proximate causation in relation to Phillip, who was far away.

Proximate causation means it was not the primary cause of his injury , the mechanic could have not predicted or foreseen that Philip was going to be injured buy a running dog and that frees him from a duty to Philip.

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Use the following information for Jett Co. to answer the following question: 2015 2014 Sales 1,200 1,000 COGS 850 700 Operating
Yakvenalex [24]

Answer:

B. 20.0% and 35.0%

Explanation:

Jett Co.'s Average tax rates for 2015 = Income taxes paid / Taxable income

When, Taxable Income = Sales - Cost of goods sold - Operating expenses

= $1,200 - $850 - $200

= $150

Hence, Jett Co.'s Average tax rates for 2015 = $30 / $150

= 20%

Jett Co.'s Average tax rates for 2014 = Income taxes paid / Taxable income

When Taxable Income = Sales - Cost of goods sold - Operating expenses

= $1,000 - $700 - $200

= $100

Hence,  Jett Co.'s Average tax rates for 2014 = $35 / $100

= 35%

7 0
3 years ago
The marketing concept involves:____________ a) focusing on customers' wants so that the organization can distinguish its product
kupik [55]

Answer:

The correct answer is A. Focusing on customer's wants so that the organization can distinguish its product (or products) from the competitors' products.

Explanation:

Specifically, the marketing concept involves the following:

  1. Focusing on the needs and wants of the customers so the organization can distinguish its product(s) from competitors’ offerings. Products can be goods, services, or ideas.
  2. Integrating all of the organization’s activities, including production and promotion, to satisfy these wants and needs
  3. Achieving long-term goals for the organization by satisfying customer wants and needs legally and responsibly
5 0
3 years ago
E. O. Cue, Materials Management Specialist for Cue's Custom Billiard Balls, periodically needs to place orders for ivory, one of
eimsori [14]

Answer: 500kg

Explanation:

Economic Order Quantity (EOQ) is the amount of units that should be added by a company to its inventory so.as to reduce total inventory cost.

From the question, the economic order quantity will be calculated as:

Drmqnd per year will be:

= 250 days/$0.04

= 12500 kg/year

The annual carrying cost per unit will be:

= $0.04/250

= $10/year

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EOQ =[√(2×12500×100)/10]

= √2500000/10

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6 0
4 years ago
The current and quick ratios help us measure a firm's liquidity. The current ratio measures the relationship of the firm's curre
inysia [295]

Answer:

True

Explanation:

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Current ratio = (Total Current assets ÷ total current liabilities )

Quick Ratio: The quick ratio shows a relationship between the quick assets and the current liabilities. The formula is shown below:

Current ratio = (Quick assets ÷ total current liabilities)

where,

Quick assets = Current assets - inventories - prepaid insurance

So, the given statement is true

8 0
3 years ago
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Answer:

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5 0
3 years ago
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