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sertanlavr [38]
4 years ago
13

business ethics chapter 7 vicarious liability is a legal concept that means a party may be held responsible for injury or damage

only if he or she were actively involved in an incident true false
Business
1 answer:
Pani-rosa [81]4 years ago
8 0

Answer:

False

Explanation:

Vicarious Liability is a legal concept that means a party may be held responsible for injury or damage even when he or she was not actively involved in the incident.

For example:  An employer can be held responsible if an employee operates equipment or machinery in a negligent or inappropriate way which results in damages to property or personal injury.

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Enfield Industries purchased and consumed 61,000 gallons of direct material that was used in the production of 13,000 finished u
Aleonysh [2.5K]

Answer:

= $0.8 per unit

Explanation:

The question is to determine the Actual price paid for a gallon of direct material

This is answered in the following steps

Step 1) What is the standard Quantity allowed?

= Finished units of products x the manufacturing standard

= 13,000 units x 5 gallons = 65,000

What is the actual quantity consumed = 61,000 gallons

Meaning the Material Quantity variance =

Standard Quantity allowed - Actual Quantity used = 65,000 - 61,000

= 4000

Step 2) Determine the Standard Price

= The disclosed material QUantity Variance/ The determined material Quantity Variance

= 2800F/ 4,000

= 0.7 per unit

Step 3) Determine Material Price Variance

= Actual Quantity (Standard Price - Actual Price

= $6,100u = 61,000 (0.7 - Actual Quantity)

= $0.8 per unit

6 0
3 years ago
Read 2 more answers
A server expects a group of poorly dressed customers to be stingy tippers and gives them poor service, so he gets the result tha
Harlamova29_29 [7]
The answer to the given blank above is SELF-FULFILLING PROPHECY. From the term itself, self-fulfilling prophecy refers is a kind of prediction made by someone which most likely becomes true, may it be directly or indirectly. Usually, this is a result of both belief and behavior. In the given scenario above, the waiter, serving poorly dressed customers, predicts that he is going to be tipped low and so he gives them bad service. As a result, he did really get a smaller tip, just as he expects or believes.
8 0
3 years ago
Here is a question for you to practice your intuition... imagine a deluge in the city versus the forest. why does urbanization (
Serga [27]

The correct answer is B. Urbanization lowers the peak discharge of streams and decreases the lag time after a rainstorm.

4 0
4 years ago
What is Uber eat's vision
postnew [5]

Answer:

UberEATS is on a mission to make eating well effortless for everyone, everywhere. Our service connects customers to Uber-speed delivery from restaurants in over 80 cities around the world. We give people more options when choosing how to eat. We help restaurants reach more customers and build their businesses.

3 0
3 years ago
Read 2 more answers
Sunland Company reports the following operating results for the month of August: sales $382,500 (units 5,100), variable costs $2
Inessa05 [86]

Answer:

Option 2 produces the higher net income = $115,150

Explanation:

Option 1: Increase selling price by 12%

Selling price = 382,500/5,100=$75

                                                                       $

Sales revenue (112%×75×5,100)                428,400

Variable cost sales                                   (259,000)

Fixed cost cost                                           (<u> 99,000)</u>

Net income                                                 <u>70400</u>

Option 2                                                         $                            

Sales revenue                                            382,500,

Variable cost sales(65%× 259,000)         (168,350 )

Fixed cost cost                                           (<u> 99,000)</u>

Net income                                                 <u> 115,150</u>

Option 2 produces the higher net income = $115,150

             

8 0
3 years ago
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