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Annette [7]
3 years ago
15

Stor Manufacturing stores hazardous and volatile chemicals in its warehouse. The warehouse has state-of-the-art equipment to mak

e sure the chemicals do not explode. An unexpected earthquake shakes the warehouse, causing the chemicals to explode and injure William, a passerby on a nearby sidewalk. Astor Manufacturing is_________.
Business
2 answers:
Dima020 [189]3 years ago
7 0

Answer:

liable for Williams injuries

Explanation:

Hello! Astor, being a possessor of dangerous products for the organism, has to take precautions so that in unexpected cases such as a meteorological incident his merchandise does not harm anyone. In this case, he is totally responsible for William's injuries for not preventing before.

Thanks for your question!

Snezhnost [94]3 years ago
6 0

Answer:

The correct answer is letter "C": strictly liable for William’s injuries.

Explanation:

In Law, strict liability refers to the responsibility individuals incur by engaging in activities that could be potentially harmful moreover when those individuals' activities caused damage to others or property even if unintentionally. Strict liability also applies in animal bites (depending on the state) and manufacturing defects.

Thus, <em>even in Stor Manufacturing had the equipment necessary to protect the chemicals stored in its warehouse, the company is strictly liable for the damages caused to William because of the explosion during the earthquake.</em>

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When people have more money and eagerly spend it, this increases
Leya [2.2K]

Answer:

More money and enganment to whoever they're purchasing from.

Explanation:

3 0
2 years ago
Dividends cause a(n) increase/decrease)_________ in equity and are recorded directly in
Artyom0805 [142]

Answer:

Decrease (debit) in equity, Cash Dividends Payable (credit, liability account)

Explanation:

The journal entry to record the declaration of the cash dividends involves a decrease (debit) to Retained Earnings (a stockholders' equity account) and an increase (credit) to Cash Dividends Payable (a liability account).

(opentextbc.ca)

6 0
3 years ago
At the beginning of the year, Rangle Company expected to incur $64,000 of overhead costs in producing 6,400 units of product. Th
Studentka2010 [4]

Answer:

$48,000

Explanation:

The total cost of the units produced in the month is the sum of the direct and indirect cost. The indirect cost is also known as the overheads.

The direct cost is the sum of the direct labor and direct material cost.

Total direct cost = 600( $30 + $40)

= $42000

Indirect cost = 600/6400 * $64,000

= $6000

The total cost of the units made in January was

= $42000 + $6000

= $48,000

6 0
3 years ago
Read 2 more answers
LUVFINANCE, Inc. is estimating its WACC. It is operating at its optimal capital structure. Its outstanding bonds have a 12 perce
11111nata11111 [884]

Answer:

9.72%

Explanation:

Maturity = 34

Par-value = -1000

Coupon rate = 6%

Coupon PMT = -60

Value of bond = 1152

Semi-annual Yield = Rate(34, -60, 1162, -1000, 0, 0)

Semi-annual Yield = 5.00%

Annual Yield = 10%

Tax rate = 40%

After tax cost of debt = 10*(1-0.4)= 6%: Add: Flotation cost (5%) = 11%

Cost of preferred stock = Dividend/Price = 12/120 = 10%

Cost of equity = Risk free rate + Beta*Market risk premium

Cost of equity = 3.72 + 0.94*6

Cost of equity = 9.36%

Particulars  Value per    No of        Market   Weight  Cost of     Product

                    security    securities     value                    security

Bonds             1162       100000     116200000   0.15784   11          1.736213

P. stock           120        1000000  120000000  0.16299   10         1.62999

Equity              100        5000000 <u>500000000</u> <u>0.6792</u>   9.36       <u>6.35697</u>

                                                       736200000     1                         <u>9.72317</u>

So, the WACC of the firm is 9.72%

3 0
2 years ago
Switching costs, the number of buyers, and if the items represent a relatively small portion of the cost of finished products ar
Murrr4er [49]

Switching costs, number of buyers, and if the items represent a relatively small portion of the cost of finished products are key considerations regarding the bargaining power of buyers.

Switching costs are the costs which are paid by a consumer as a result of switching brands, suppliers, or products. Some companies may employ high switching costs in order to prevent customers from moving to another brand.

Suppose if the customer purchases large volumes of standardized products from the seller, then the buyer's bargaining power is quite high.  Also, when substitute of a product is available in the market, the buyer power increases.

Hence, most prevailing switching costs are monetary in nature.

To learn more about switching costs here:

brainly.com/question/15561738

#SPJ4

7 0
1 year ago
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