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Leno4ka [110]
4 years ago
10

Match each the following steps in the litigation process with its best description or example.

Business
1 answer:
Lilit [14]4 years ago
5 0

Answer:

The options were incomplete! All of the options, their right order and description is explained below.

Complete Question:

Match each the following steps in the litigation process with its best description or example.

A. Alternate dispute resolution

B. Deposition

C. Judge decides

D. Defenses raised

E. Starts the litigation

1. Discovery

2. Bench trial

3. Complaint

4. Mediation

5. Answer

Matching:

3. Complaint -> E. Starts the litigation

5. Answer -> D. Defenses raised

1. Discovery -> B. Deposition

4. Mediation -> A. Alternate dispute resolution

2. Bench trial -> C. Judge decides

Short Explanation:

Suppose A is plaintiff and B is defendant.

A files a complaint saying that B has done something wrong to me, to which B Answers and denies the claim of A. Then both parties A and B start to discover evidence against each other. Mediation usually happens at this stage when both parties know their position. If mediation fails then bench trial starts where a civil judge decides the verdict.

Detailed Explanation:

The litigation (means a case or lawsuit) process starts when a complaint is filed by a plaintiff (person who brings a case against someone in court of law) stating the alleged wrongdoings done by the defendant. He claims to be given relief against the wrongs done by the defendant.

Then defendant responds with an Answer in which he clarifies or point out incorrect allegations or denies all the accusations one by one made against him. If defendant finds a strong case against himself then he goes for mediation otherwise he proceeds towards discovery.

Discovery is the legal term used for finding and gathering of all sort of evidence or information. Examples of discovery are interrogations, depositions, examination reports.

Mediation is the process of dispute resolution where both parties appear in front of a neutral mediator and try to resolve the issue without going to trial. Everyone tries to avoid going to trail because it is expensive and time consuming therefore, many lawsuits get resolved without going into the trial.

When mediation fails then the final solution is to go for a trail. A bench trial means a trial in which a judge decides the verdict (no jury).

Note: Mediation means settlement and it can happen at any stage when both parties agree to a certain solution,

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oee [108]

Answer:

Explanation:

minimum reserve = 491.226

Reserve held through 21 days = 37 x 12 = 444

To be held last two days = 47.226

check the picture attached for more explanation to the problem

7 0
3 years ago
(a) At a product price of $67.00 (b) At a product price of $42.00 (c) At a product price of $33.00 Will this firm produce in the
Nimfa-mama [501]

a) Yes, $67 exceeds the loss—minimizing output.

Using the MR

They will produce 9 units.

Profits per unit = $67 - $50 = $17

Total profit = $153.

(b) Yes, $42 exceeds the loss—minimizing output.

Using the MR

They will produce 6 units

Loss per unit is = $42 - $47.50 = $5.50

Total loss = $33 (= 6 x $5.50), which is less than the total fixed cost of $60.

c) No, because $33 is less than AVC. If it did produce, the quantity will be 4—By producing 4 units, it would lose $78 [= 4 ($33 - $52.50)]. and if they didn't produce, it would lose only the total fixed cost of $60.

3 0
4 years ago
Under the _____, employers can be liable for current pay differences that are a result of discrimination that occurred many year
s344n2d4d5 [400]

Correct/Complete Question:

Under the _____, employers can be liable for current pay differences that are a result of discrimination that occurred many years earlier.

A. Sarbanes-Oxley Act

B. Lilly Ledbetter Fair Pay Act

C. Equal Pay Act

D. Fair Labor Standards Act

Answer:

B. Lilly Ledbetter Fair Pay Act

Explanation:

In 2009, the Lilly Ledbetter Fair Pay Act was enacted by the US congress. The act was aimed at worker protection against discrimination in pay thus giving individuals who are facing such situation a way to seek redress or rectification according to the federal anti discrimination law.

Cheers.

6 0
3 years ago
The City of Mayville had total fund balance in its General Fund of $200,000 on December 31, 2019. The City of Maysville's Genera
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Answer:

The City of Mayville

The City should report $42,000 as restricted fund balance in its General Fund on December 31, 2019.

Explanation:

a) Data and Calculations:

Total fund balance in General Fund = $200,000

Inventory =     $28,000

Prepaid Rent     10,000

Encumbrances 60,000

Restricted fund = $42,000

b) The City of Mayville's restricted fund balance is the cash balance that has been earmarked for specific or limited use by or for the City. Restricted funds ensure that donors detect and direct the usage of the funds.

5 0
3 years ago
The Ayayai Company issued $260,000 of 10% bonds on January 1, 2020. The bonds are due January 1, 2025, with interest payable eac
astraxan [27]

Answer:

Journal entries on January 1:

Dr  Cash                                    $254,800

Dr Discount on bonds payable$5200

Cr Bonds payable                                   $260,000

July 1:

Dr Interest expense $13,520

Cr cash                                        $13,000

Cr Discount on bonds payable   $520    

December 31:

Dr Interest expense $13,520

Cr cash                                        $13,000

Cr Discount on bonds payable   $520  

Explanation:

The proceeds of issue =$260,000*98%=$254,800

Discount on bonds payable=Par value-cash proceeds

par value is $260,000

Discount on bonds payable=$260,000-$254,800=$5200

The discount amortization on semi-annual basis=$5200 /5*6/12=$520

Semi-annual interest on the bond =$260,000*10%*6/12=$13,000.00  

4 0
4 years ago
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