1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
aksik [14]
3 years ago
14

Modern Railways Co. operates a cargo railroad service between New York and Boston. A train owned by Modern Railways derails due

to a rare maintenance problem. The train collides with a delivery truck owned by CraftCo, shattering $100,000 worth of porcelain inside. If CraftCo sues Modern Railways Co. for negligence, CraftCo may be able to recover:
a. punitive damages.b. general damages.c. singular damages.d. special damages.
Business
1 answer:
Verizon [17]3 years ago
4 0

Answer: Special damages

Explanation: In simple words, special damages refers to the claim made by the injured person for the losses he or she suffered due to negligence of duty by the defendant.

In the given case, the train that is owned by the modern railways collided with a truck owned by craft co resulting in a loss of $100,000 of the former.

Hence if Craft co proves that the accident happened due to the negligence from the side of modern railways then they can claim special damages.

You might be interested in
our Grandfather wants to establish a scholarship in his father’s name at a local university and had stipulated that you will adm
inn [45]

Answer:

The correct answer is Option A. you will need to deposit $111,111 so that you can fund the scholarship forever, assuming that the account will earn 4.50% per annum every year.

Explanation:

Perpetuity is the cash flows to be receivable for an unspecified period of time. The present value of a perpetuity is calculated as the cash flows divided by the interest rate provided.  

Given data;

Amount needed to be deposited = $5000

Interest rate = 4.50%

Present Value of Perpetuity = Cash Flows ÷ Interest rate  

= $5000 ÷ 0.045

= $111,111

3 0
3 years ago
Assume that Wal-Mart Stores, Inc. has decided to surface and maintain for 10 years a vacant lot next to one of its stores to ser
Kryger [21]

Answer:

Bid A should be accepted

Explanation:

Bid A:

initial investment = $5.75 x 12,000 = -$69,000

cash flows years 1 - 4 = $0.25 x 12,000 = -$3,000

cash flow year 5 = -$69,000

cash flows years 6 - 9 = $0.25 x 12,000 = -$3,000

NPV using a 9% discount rate = -$129,881.21

Bid B:

initial investment = $10.50 x 12,000 = -$126,000

cash flows years 1 - 9 = $0.09 x 12,000 = -$1,080

NPV using a 9% discount rate = -$132,474.87

3 0
3 years ago
What instrument did the piano originate from
NNADVOKAT [17]

Answer:

stringed musical instrument

Explanation:

The piano is an acoustic, stringed musical instrument invented in Italy by Bartolomeo Cristofori around the year 1700 (the exact year is uncertain), in which the strings are struck by hammers.

4 0
3 years ago
Read 2 more answers
What are the concept of financial investment?​
kotegsom [21]
An asset that you put money into with the hope that it will grow or appreciate into a larger sum of money. a person can also make financial investments in stocks and mutual funds, which can appreciate in value and pay dividends.
4 0
3 years ago
A small construction firm specializes in building and selling single-family homes. The firm offers two basic types of houses, mo
Dovator [93]

Answer

The answer and procedures of the exercise are attached three images. The maximum profit is 262.500

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in three images.

8 0
3 years ago
Other questions:
  • Chu Company provided the following information related to its inventory sales and purchases for December Year 1 and the first qu
    11·1 answer
  • One of Haley's best workers wants to work from 7 a.m. to 3 p.m. instead of the regular 9 a.m. to 5 p.m. shift for the next two w
    7·1 answer
  • When addictions escalate and the individual loses his or her job or drops out of school?
    5·1 answer
  • Pablo has a $63,000 basis in his partnership interest. On May 9 of the current tax year, the partnership distributes to him, in
    10·1 answer
  • When higher prices result in a lower quantity demanded, economists call this relationship: a. the law of quantity. b. the demand
    15·1 answer
  • You have been asked to set up a network for a nationwide retailer with stores in all 50 states. The retailer would like to be ab
    7·2 answers
  • A local bank intends to install a new automated teller machine (ATM) to allow users (i.e., bank customers) to perform basic fina
    10·1 answer
  • Which best describes a tsunami?
    5·2 answers
  • Ellen Carson’s sales for 5 months were $26,908, $28,386, $28,730, $27,290, and $29,009. What must be her sales next month if she
    12·1 answer
  • Please help--
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!