Answer:
b) Dwight is liable for negligence because Stan did not knowingly assume the risk that Dwight would hit a shot in his direction
Explanation:
In this scenario there was an agreement between Stan and Dwight where Dwight asked Stan to drive ahead in the golf cart to see if they could hit their shots.
However Stan drove the cart over the hill, saw the green was clear, and started driving back to the tee box.
Instead of waiting as agreed Dwight made a shot that hit Stan on the head injuring him.
Dwight is liable in this case because he was supposed to wait and get feedback from Stan before making a shot.
He knowingly made the shot knowing there was a blind spot.
This is negligence on Dwight's part.
Answer:
Shortages of building materials and a slower recovery from the storm
Explanation:
From the question we are informed about an instance, whereby a hurricane hits Alabama, causing widespread damage to houses and businesses. The governor of Alabama places price ceilings on all building materials to keep the prices reasonable. In this case,what most likely result is Shortages of building materials and a slower recovery from the storm.
From law of demand, which expressed that provided other factors remain equal, when price of a good goes higher, then there would be less demand of that good from
people and vice versa. higher price brings lower the quantity demanded, and lower price brings higher the quantity demanded, therefore in the case, above as the price of ceilings on all building materials so that price becomes reasonable people demand more and it leads to Shortages of building materials
Answer:
Hey,
Options are : A) The lines were long, and the employees were very busy.
I hope this helps
Answer:
Option C. Debit Cash and credit Stock Investments
Explanation:
The reason is that in the equity method of recording the dividends receipts, it is always deducted from the stock investment and the relevant share of reported net income of the associate is added to the stock investment.
So mathematically,
Stock Investment Under Equity Method = Opening Value for the year + Share of Net Income - Dividend received
Stock Investment Under Equity Method = $300,000 + $160,000 * 25% + $60,000 * 25% = $325,000
The above treatment shows that the recording of dividends include credit to stock investment and the cash receipt is always debited.
So the double entry would be:
Dr Cash $15,000
Cr Dividends $15,000
So the option C is correct.
