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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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Blissful Blankets' target profit is $520,000. Each blanket has a contribution margin of $21. Fixed costs are $320,000. The numbe
zysi [14]

It can be deduced that the number of blankets that must be sold in order for the company to achieve the target profit is 40000.

<h3>How to calculate the target profit</h3>

From the information, Blissful Blankets' target profit is $520,000 and each blanket has a contribution margin of $21. Fixed costs are $320,000.

Therefore, the number of blankets that must be sold to achieve the target profit will be:

= (520000+320000)/21

= 40000

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brainly.com/question/1078746

5 0
2 years ago
The product-variety externality is associated with the A. consumer surplus that is generated from the introduction of a new prod
Vlad [161]

Answer:

A. consumer surplus that is generated from the introduction of a new product.

Explanation:

The product-variety externality is defined as consumer get the surplus that is generated from the introduction of a new product and entry of a new firm conveys a positive externality on consumers. It arises as new firms offer products that differ from those of the existing firms, however, it does not happen under perfect competition. Competitive market lead to efficient outcomes, unless there are externalities.

4 0
3 years ago
Zink Co.’s defined benefit pension plan had plan assets with a fair value of $325,000 at December 31, 2013, and of $375,000 at D
Vadim26 [7]

Answer:

$ 70,000

Explanation:

Beginning plan assets = $ 325,000

Contribution to the plan = $ 130,000

Thus, the total assets available = $ 325,000 + $ 130,000 = $ 455,000.

Now,

The assets distributed = $150,000

Therefore,

the balance left after distribution = total assets available - assets distributed

or

the balance left after distribution = $ 455,000 - $ 150,000 = $ 305,000

Also,

the actual ending balance = $ 375,000

Hence, the difference of the balance left after distribution and the actual ending balance represents the return on plan assets.

therefore,

The return on plan assets = $ 375,000 - $ 305,000 = $ 70,000

8 0
3 years ago
The accountant at Landry Company is figuring out the difference in income taxes the company will pay depending on the choice of
xz_007 [3.2K]

Answer:

Tax in FIFO method= 0.3*8,740=2,622

Tax in LIFO method= 0.3*8,100= 2,430

Difference- 2,622-2,430=192

Using the FIFO method will result in $192 more in tax than the LIFO method

Explanation:

4 0
4 years ago
Typically, entrepreneurs are more successful in what field?
White raven [17]

the field that is most knowledgeable

7 0
3 years ago
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