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Ratling [72]
4 years ago
11

Flozell Adams is a professional football player formerly with the Dallas Cowboys. He submitted a claim in arbitration against hi

s agent, Roosevelt Barnes (according to the terms of their contract for fees and the union rules for settlement of player disputes with agents). He said Barnes owed him because of overpayment on his contracts that Barnes negotiated for him with the Cowboys. Adams was notified of the binding arbitration hearing date. When he arrived, he said he was unaware of his right to counsel and asked for a postponement of the hearing so that he could retain counsel. His request was denied. The arbitrator found for Barnes for the contract for the eight seasons Adams played for the Cowboys. Barnes did not owe any money to Adams. In fact, the arbitrator found that Adams owed Barnes fees for his contracts for three of the Cowboys’ seasons. Adams then filed suit to have the arbitration award set aside because he said the arbitrator was biased and that the arbitrator ignored the statute of limitations on some of the contracts. Which of the following best describes what the court can do about the arbitration award? a. Arbitration awards can be set aside if the losing party feels the arbitrator was biased. b. Arbitration awards can be set aside only after an actual trial is held. c. Arbitration awards can be set aside if the finding is inconsistent with the law. d. Arbitration awards are rarely set aside.
Business
1 answer:
nika2105 [10]4 years ago
4 0

Answer: c. Arbitration can be set aside if the finding is inconsistent with the law

Explanation:

Arbitration awards can be set aside if the finding is inconsistent with the law. If indeed the finding is inconsistent with the law, the Arbitrator appears to be bias or Arbitration procedures and laws were not properly followed the Arbitration award is set aside.  The Arbitration award will void and the act will be nullified.

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During the year, Belyk Paving Co. had sales of $2,384,000. Cost of goods sold, administrative and selling expenses, and deprecia
Zina [86]

Answer:

(a) Income Statement

                                  Belyk Paving Co.

                    Income statement for the year xxxx

Sales                                                      $2,384,000

Cost of goods sold                               $1,441,000

Gross Profit                                            $943,000

Administrative and selling expenses   $436,600

Depreciation expense                           $491,600

Operating Income                                  14,800

Interest expense                                    $216,600

Income before Tax                                ($201,8000)

Tax rate 35%                                          <u> $0             </u>

Net Loss                                                  <u>($201,800)</u>

(b) operating Cash flow

Net Loss                                                       ($201,800)

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Cash flow from operating activities            <u> $289,800 </u>

6 0
3 years ago
An agreement exists when one party offers a certain bargain to another party.
Fynjy0 [20]

Answer:

the answer of the question is true

3 0
3 years ago
The abrupt end of long distance cattle drives in 1885 was primarily due toa. the development of railroad cars that could haul ca
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Answer:

a. the development of railroad cars that could haul cattle.

Explanation:

The abrupt end of long distance cattle drives in 1885 was primarily due to the development of railroad cars that could haul cattle.

It was the advent of expanding rail road lines that terminated the cattle drive through Kansas because the end points of the cattle trail shifted to meet expanding railroad lines.

It was logical that as the railroads expanded to meet the cattle drive, one had to give way to the other because cattle do stray and trains could haul cattle

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3 years ago
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