1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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>

You might be interested in
The Dogwood Technology Company managerial accountant computes the May total variance report. The budgeted fixed overhead was $ 4
Jobisdone [24]

Answer:

$750 favorable ; $200 unfavorable

Explanation:

The computations are shown below:

For fixed overhead budget variance:

= Budgeted fixed overhead - actual fixed overhead

= $47,420 - $46,670

= $750 favorable

For fixed overhead volume variance:

= Budgeted fixed overhead - standard fixed overhead cost allocated to production

= $47,420 - $47,220

= $200 unfavorable

Hence we consider all the given information

8 0
3 years ago
The Azuza Company owns no plant assets and had the following income statement for the year:
Nutka1998 [239]

Answer:Please see answer below

Explanation:

Solving

Net income= $16,000

Change in asset and liabilities

Accounts receivable Increased $67,000- $59,000 =- -8000

Inventory Decreased 62,000- 86,000=24,000

Prepaid rent --Increased 9,000- 7,000 = -2000

Accounts payable ---decreased 22,000 -30,000 = -8000

Wages payable ----Increased 9,000- 7,000=2000

Net cash provided by operating activity.=24,000+ 2000-(8000+2000+8000)

= $24,000

Net income= $16,000

Change in asset and liabilities

Accounts receivable--Increase -$8,000

Inventory--Decreased-- $24,000

Prepaid rent --Increased -$2,000

Accounts payable ---decreased-$8,000

Wages payable ----Increased $2,000

Net cash provided by operating activities,= $24,000

6 0
3 years ago
Biscayne Bay Water Inc. bottles and distributes spring water. On May 14 of the current year, Biscayne Bay Water Inc. reacquired
nordsb [41]

Answer:

treasury stock   1,645,600 debit

             cash        1,645,600 credit

--to record he purchase of TS--

cash       925,000 debit

    treasury stock         850,000 debit

   additional paid-in TS  75,000 debit

-to record sale of TS above their cost--

cash                         760,500 debit

additional paid-in TS  35,100 debit

           Treasury Stock    795,600 credit

Explanation:

<em><u>treasury stock cost:</u></em>

24,200 shares x $68 each = 1,645,600

sale of TS

proceeds:  12,500 x $74 =925,000

cost:           12,500 x $68 = 850,000

additional paid-in TS 75,000

second sale of TS:

proceeds _ 11,700 x $65   760,500

Cost:           11,700 x $68    795,600

 additional paid-in TS          35,100

6 0
2 years ago
If current trends continue, China may be the world's largest economy by 2030. In a concise and well-noted statement, discuss the
Blizzard [7]

Answer:

If by 2030 China became, as current data estimates, the world's largest economy, this would mean a series of global changes in macroeconomic matters: A) for the world trade system, China would become the main exporter given its huge population (estimated at 1.6 billion people) added to its economic capacity, which would flood the world markets with manufactured products in this country, increasing the fiscal surplus and employment for its inhabitants; furthermore, it would relegate many nations to being secondary producers; B) the monetary system would watch the emergence of the Renmimbi as a new reference currency, displacing the dollar and the euro from the center of the scene; C) Commodity prices would be determined according to the consumption and production needs of China, with which the products demanded in this country will have high value.

4 0
3 years ago
Bob Wesley believes that structural unemployment should be eliminated in order for an economy to be healthy. In making this​ arg
Sav [38]

Answer:

B. structural unemployment will exist in an economy that is innovative

Explanation:

Based on the information provided within the question it can be said that the relevant issue he is ignoring is that structural unemployment will exist in an economy that is innovative. This is because innovative economies tend to constantly be going through industrial change to implement the new innovations, this causes a need for only individuals that are specifically skilled and leaving unemployed the people who are not.

8 0
3 years ago
Other questions:
  • The following costs result from the production and sale of 4,450 drum sets manufactured by Tight Drums Company for the year ende
    15·1 answer
  • Real-world economies get hit with lots of shocks to aggregate demand and real shocks. Categorize each scenario as an aggregate d
    6·1 answer
  • MacKenzie Company sold $180 of merchandise to a customer who used a Regional Bank credit card. Regional Bank deducts a 4% servic
    15·1 answer
  • What is considered a liability in finance and why is it being used?
    10·2 answers
  • During the current year, sally sold her interest in two small business coeporations?
    15·1 answer
  • As we move toward a cashless society, which of the following will become vital for businesses that meet clients away from the of
    8·1 answer
  • Anna is a team leader at Shine Design Inc. Gavin is her least preferred employee because he makes silly mistakes in his reports.
    13·1 answer
  • In developing a marketing plan, the section on goals and objectives defines the parameters by which the firm will measure actual
    6·1 answer
  • Cascade Company was started on January 1, Year 1, when it acquired $151,000 cash from the owners. During Year 1, the company ear
    10·1 answer
  • The ________ is the length of time from the point when raw materials are purchased on account to the point when payment is made
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!