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Lina20 [59]
3 years ago
11

While sitting beside a swimming pool, your neighbor Bob, a roof installer, tells you that you should buy stock in HotNet because

it is about to skyrocket in value. You invest all of your money in the stock, which then drops to zero. You:
a) Sue Bob for misrepresentation
b) Sue Bob for negligent misrepresentation
c) Sue Bob for fraudulent misrepresentation
d) Cannot sue Bob for misrepresentation
Business
1 answer:
Nesterboy [21]3 years ago
8 0

Answer: d) Cannot sue Bob for misrepresentation

Explanation: A misrepresentation is a false statement made from one person to another that a certain fact is true or accurate when it is indeed false. The fact that the value of the stock I bought on Bob's opinion does not give me the right to sue him for misrepresentation (intentional). The reason is this, Bob's expression of his opinion concerning the HotNet stock does not usually constitute a misrepresentation even when it turns out that his opinion is incorrect. It wasn't intended, however, he could be sued for negligent misrepresentation.

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a company paid $43,800 to acquire 7% bonds with a $46,000 maturity value. the company intends to hold the bonds to maturity. the
-BARSIC- [3]

The cash proceeds the company will receive when the bonds mature equal $46866.

When bonds are redeemed at maturity, they are always redeemed at face value since by then any bond discount or the premium would have become zero, plus the last interest payment.

Cash proceeds = Maturity amount + interset

                        = $46,000 + ($46,000 x 7% x 1/2) assuming semi-annual interest payments

                        = $46,000 + $1,365 = $47,365

Cash proceeds = Maturity amount + interset

                        = $43,800 + ($43,800 x 7%) assuming annual interest payments

                        = $43800 + $3066 = $46866

Learn more about maturity value here:-brainly.com/question/9099365

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8 0
2 years ago
What are the similarities between the scientific theory and the human relations theory
Gre4nikov [31]

Answer:

The human relations theory (HRT) has evolved in the 1920s and 1930s (Grey, 2009, p.44). Studies by Elton Mayo at the Hawthorne plants of the Western Electric Company were the activator of HRT (Morgan, 1986, p.41). With the help of these studies the enterprise was able to analyze in which way the output of employees change due to diversifying the conditions of employment. Therefor, they established two focus groups which were exposed to different illumination levels. However, analysts noticed that the output in those test groups increased independently from lighting conditions (Pugh, 1990, p.345). Employees felt rather motivated by the particular attention they received. They got the feeling of being something special and not just a factor of producing products (Grey, 2009, p.45). In other words, only the actuality that workers were observed was the reason for this increased productivity. Furthermore, it demonstrates that the workforce can also be motivated by non economical factors. These non economical factors were the basic idea of the HRT (Thompson and McHugh, 2009, p.45). The HRT concerns with the aims, wishes and interests of the employees. Moreover, it supported measures to improve team work, cooperation between management and the workforce, internal communication and social relationships (Slattery, 2003, p.128). The idea was to create a social and friendly business environment to motivate the whole crew. Furthermore the employees should get in contact with each other to achieve a feeling of harmony in the organization. Development and integration of the workforce instead of oppression were further key elements (Slattery, 2003, p.128). These efforts pay off. Productivity and staff satisfaction increased. In addition the employees get a deeper relationship with the enterprise through a humanitarian working atmosphere. As a result, the informal side of the company is at least as fundamental as the formal side (Grey, 2009, p.46).

Explanation:

The third principle is about “cooperation between management and the workers to ensure that the work is done according to the science” (Thompson and McHugh, 2009, p.30). This principle has two aims. On the one hand Taylor wants to achieve that the whole workforce follows the defined processes. On the other hand management and workers should work together. It is essential that both parties realize that it is more profitable for the company and their selves when they work hand in hand. Furthermore this is a key determinant to translate scientific management from theory into practice (Taylor, 1911, p.26).

The relationship between men and management suffered another change referring work sharing. This is the topic of the final principle. In the past the workers themselves were responsible for every part of their job without support of the management. Taylor has changed this proportion. Collecting the whole knowledge of the workers, creating rules and regulations and form a science for each process was no duty for the men (Taylor, 1911, p.37). In other words the management had to ensure that each worker on each day knew exactly what he had to do how he had to do it and in what period of time (Taylor, 1911, p.39). Accordingly, this combination of work sharing and the change of the attitude to work are the factors for success of scientific management.

5 0
2 years ago
On January 1, 2021, Tonge Industries had outstanding 480,000 common shares ($1 par) that originally sold for $30 per share, and
ira [324]

Answer:

842,000 shares

Explanation:

Please the solution to the given problem in the file attached below

5 0
3 years ago
Read 2 more answers
One of the best ways to generate word-of-mouth advertising is
natka813 [3]
The best way to generate word of mouth advertising is to start first with family and friends. In order for you to spread, you have to begin with the people who are comfortable with you. From there, you can let them spread  the word of your product or service and then get referals so more people will know about what you are doing. This is the essence and concept of networking or referal selling. You start of with the people you know and then branch out later on.
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3 years ago
The following three independent sets of facts relate to contingent liabilities: 1. In November of the current year an automobile
aalyn [17]

Answer:

Situation 1 is a probably contingency. This recall is occurring and can be estimated as costing $2 million. This amount should be charge to the warranties payable and warranties expense accounts.

Date

Particulars

Ref.no

Debit $

Credit $

Warrantee expenses

20,00,000

Warranty payable account

20,00,000

[To record the estimated claims]

Comment

Step 3 of 3

Situation 2 is a reasonable contingency. The costs are possible and there are rough estimates for cleanup but there are also rough estimates about reimbursements for property damage. This situation would be disclosed on the balance sheet.

Situation 3 is a remote contingency. There is a small change that there could be property damage but there is no way to determine how much or what the costs could be. There is no amount marked down for this situation

Explanation:

5 0
3 years ago
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