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padilas [110]
3 years ago
14

Which of the following statements about torts is correct?

Business
1 answer:
swat323 years ago
6 0

Hello There!

Your answer would be <u>C). A tortious act may also be a criminal act.</u>

The reason why C would be your answer is because a tortious act is something that harms someone in any way. The reason why it "may" be a criminal act is because determine if the tortious act is a criminal act really depends on the scenario that is occurring. For example, someone could cause a tortious act in a way of self defense, this scenario would be debatable because the person that committed the tortious act had a valid reason in doing so, and that was protecting themselves. But, if a person was to cause a tortious act by  hurting someone to steal from them, then that would definitely be a criminal act because they are performing dangerous things to someone else, and the person could file a lawsuit against it.

Let's dive into why the other answer choices are incorrect. We can use the old fashion process of elimination:

Answer choice "A). A tortious act is always a criminal act" is incorrect because it is not always a criminal act, it depends on the scenario it's in. This is the reason why this answer choice would be eliminated.

Answer choice "B). A criminal act is always a tortious act" is incorrect because there are MANY criminal acts that doesn't harm anyone, for example, tax evasion (not paying taxes) is a criminal act, but does not cause any harm to anyone. This is the reason why this answer choice would be eliminated.

Answer choice "D). A tortious act is the same as a contract dispute" is incorrect because harming someone is not the same as not doing what a contract says. A contact dispute is when someone that's part of a contract did not do a duty that the contract says that they're suppose to do, and that usually doesn't have to be any harm to anyone. That would not be the same as a tortious act, harming someone. This is the reason why this answer choice would be eliminated.

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The secretary of state publishes the ________, which is the source of official notices or rules, meetings, executive orders, and
valkas [14]

Answer:

texas register                            

Explanation:

The Texas Register, distributed regularly, reports state agency policy creating and enforcement acts, assignments of governors, secretary of state decisions, legislation requests, and other sundry records.

Formed via a collaboration with the Secretary of State's Department of Texas, Texas Register Page, this collection offers free exposure for all Texas Register problems from Title 1, No. 1 (January 6, 1976). Towards the moment.The Texas Register's latest specific problem is first listed on a Texas Register Website, whereby they keep access to that of the Texas Register's very recent six (6) months problems.

5 0
3 years ago
Glassmaker has pre-merger $5 in debt and $10 in equity. Rate on debt is 11%. The risk free rate is 6%. The tax rate is 40% . The
Marysya12 [62]

Answer:

The answer is 11.44%

Explanation:

Solution

Given that:

Glass maker has a pre-merger of =$5 debt

Equity =$10

The rate on debt =11%

The risk free rate =6%

Tax rate =40%

The levered beta is =1.36

Equity risk premium is= 4%.

Now,

the next step is to find discount to use for Glass maker free cash flows and interest tax savings

Cost of equity (Ke) =  Risk free return + Beta ( Market return - Risk free return )

= 6% +1.36( 10%-6%)

=11.44%

Therefore, the rate to be used to discount free cash flows and interest tax savings is 11.44%

6 0
4 years ago
ovar Inc., a U.S. multinational, began operations this year. Jovar had pretax U.S. source income and foreign source income as fo
Lyrx [107]

Answer:

$204,000

Explanation:

Computation of Jovar's U.S. tax liability

First step isnto determine the U.S precredit tax.

34%×$700,000

=$238,000

U.S Precredit tax = $238,000

Second step is to calculate the foreign tax credit.

Therefore the Credit is limited to:

$238,000 * 100/700

= $34,000.

Hence:

$238,000-$34,000

=$204,000

Therefore Jovar's U.S. tax liability if it takes the foreign tax credit will be $204,000

3 0
4 years ago
Consider your current company, or a company that you have formerly worked for, and describe and critique the budgeting processes
san4es73 [151]

Answer:

I currently work for a company that provides services to other businesses (B2B), and we work on a yearly contract base. Since it's a B2B we don't have a lot of customers, they are only 11, but each customer is very important to us.

The sales process and contracts for the next year are usually finished by November and at that time we must prepare a cost budget. The main problem we are currently facing is that we use some imported goods and since many tariffs have been increasing, there is a lot of uncertainty about future prices.

When you import goods and use the FOB destination, the seller is responsible for delivering the goods up to a port of entry, but we are responsible for the paperwork and applicable tariffs. Since tariffs increase during a few months and then decrease, and then increase again depending on the president's mood, our budget has a large percentage of "just in case".

Besides that problem with imports, our company also signs yearly contracts with most of the employees depending on the number of contracts and workers needed. We are very good at estimating overhead expenses, since experience is a great teacher in our specific case.

If we didn't have the problem with uncontrollable external factors (tariffs), prior jobs help us to determine budgets that are usually quite exact, our variance (either + or -) is usually less than 3%.

5 0
4 years ago
If the policies supporting the sugar industry in the united states were discontinued, u. S. Producers would:.
Irina18 [472]

Answer:

have to become more efficient.

6 0
2 years ago
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