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77julia77 [94]
3 years ago
10

The Fun Tyme Toy Company discovers that one of its products can easily break, exposing children to potential injury from the sha

rp parts. Under the Consumer Product Safety Act of 1972, how long does Fun Tyme have to report this defect to the Consumer Product Safety Commission?
A) 24 hoursB) 3 daysC) 7 daysD) 30 days
Business
1 answer:
Novosadov [1.4K]3 years ago
4 0

Answer:

A) 24 hours

Explanation:

The Consumer Product Safety Act (CPSA) established the Consumer Product Safety Commission (CPSC) which is the government entity in charge of setting product safety standards, requesting recalls and banning products if necessary.

In this case, if a toy is potentially dangerous then the company must notify the CPSC within one business day and start the recall procedure immediately.

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A State A consumer was in a traffic accident with a State B driver. The State A consumer’s car burst into flames, causing horrif
kupik [55]

Answer: The correct answer is B. Yes, because the State B driver's claim is a proper cross-claim and is within the court's supplemental jurisdiction.

Explanation:

Option B is correct because the State B driver can assert his tort claim against the State B manufacturer. The driver's claim is a proper crossclaim and this is because it arises from the same occurrence as with State A consumer's claim.

4 0
3 years ago
Jimenez Enterprises is incorporated in Arkansas. It generated a $5,000,000 profit on its overseas operations this year. Jimenez
anygoal [31]

Answer:

Consider the following explanation

Explanation:

Foreign tax credit allowable is the minimum of Federal Income Tax and Income tax paid in foreign country. Here, Jimenez had paid 40% (2,000,000/5,000,000) income tax in foreign country. So. Jimenez will only be eligible to take foreign tax credit of 1,050,000 i.e. 5,000,000 * 21% and there will be carryover of $950,000 (2,000,000 - 1,050,000) foreign taxes.

There is carryover tax when we cannot use the whole amount of foreign tax credit in the current year and the balance foreign tax is carried over to future years.

3 0
3 years ago
Rachel is on her way to an interview for the position of a project manager. She is trying to prepare for this interview by analy
anzhelika [568]

Answer:

B) she was very calm under pressure

Explanation:

A project manager is a designation in which the management and the responsibility of the entire project lie in the hands of an individual. The responsibilities of planning, running and the execution of the project is undertaken by the project manager.

From the given options, the soft skill of keeping very calm under pressure will be the most relevant for Rachel. All the other three options are the skills relevant for a specific proficiency in the technical field. To be a project manager, calmness, and efficiency to work under pressure is required.

6 0
3 years ago
The option of sticking with the current business lineup makes sense when
worty [1.4K]

Answer:

The correct answer is the option A: the company's present business offer attractive growth opportunities and can be counted on to create economic value for shareholders.

Explanation:

To begin with, the fact that a company faces the dilemma between continue with the current business lineup or change it in order to begin producing a new one by starting from zero then a lot of variables must be taken care of and considered, that is, that at the moment of making the final decision the managers must understand the opportunity costs that can affect the organization and moreover the benefits that the actual lineup makes. That is why, that at the time of sticking with the current business lineup it makes sense to continue with the current one when the company's present business offer attractive growth opportunities and can be counted on to create economic value for shareholders.

8 0
3 years ago
A fast-growing form of foreign direct investment is sovereign wealth funds (SWFs). Why do these investments by governments with
PolarNik [594]

Answer:

Large firm can gain control of natural resources.

Explanation:

Investments by governements with surplus cash flows do worry trade expert as believe as investing in large firm by goverment will take away control of natural resouces by government and corporate will have more control on natural resources, sensitive technologies of nation and management control.

Generally, sovereign wealth funds (SWFs) is governement funded investment to improve economy and develop nation and it´s citizen, however, a fast-growing form of foreign direct investment is sovereign wealth funds will have adverse affect on country´s citizen and resources nation have.

5 0
3 years ago
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