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
HACTEHA [7]
3 years ago
7

A review of Volkswagen's internal memos and emails suggests that company executives pursued a strategy of delay and obfuscation

with United States regulators after being confronted in early 2014 with evidence that VW diesel vehicles were emitting far more pollutants than allowed by law. True or false?
Business
1 answer:
oee [108]3 years ago
7 0

Answer:

true

Explanation:

The whole Volkswagen scandal was a huge and elaborate corporate scam. They first tried to blame engineers in their North American division, but then it was known that they cheated in Germany and other European countries, as well as in factories in Argentina and Brazil. The only place that they were not investigated was in China, and that is very suspicious because half of their cars are produced and sold in China. It was a huge cover up operation that was aimed at protecting top executives in Germany.

The first car I bought with my salary was a Jetta (it was much cheaper than a Civic). So I read a lot about the scandal and its effects were not that large in North and South America, but in Europe the allegedly clean diesel engines drove their competition out of the market. French car manufacturers Citroen and Peugeot competed against Volkswagen with diesel cars and after not being able to compete against the wonderful new engines, they went bankrupt. In Europe gas is very expensive, so cars are very small and fuel efficient. The strange coincidence is that a Chinese company bought Citroen and Peugeot, which made them the real winners of the whole situation.

You might be interested in
An outside broker locates a seller for a buyer representative's client. In this instance, the outside broker is acting as
zmey [24]

Answer:

He is acting as a sub-agent. The sub-agent, just like the representative of the buyer, is an agent and owes a duty to care and act as an agent for the buyer representive.

4 0
3 years ago
Carlos recognizes that if he visits his aunt on Saturday, he'll miss his brother's football game. The economic principle best em
mr Goodwill [35]

Answer: Opportunity cost

Explanation:

The economic principle best embodied by this story is the opportunity cost. Opportunity cost is the cost of what one forgoes when one takes an alternative decision.

In this case, the opportunity cost of him visiting his aunt will be the lost opportunity which he could have used to watch his brother play.

3 0
3 years ago
On October 1, Hawking Corp. had 40,000 shares of $2 par value common stock outstanding before it declared a 2-for-1 stock split.
Naily [24]

Answer:

1. After the split, how many shares of common stock are outstanding and what is their par value per share?

40,000 stocks outstanding x 2 = 80,000 stocks outstanding after the stock split

par value of each stock = $2 / 2 = $1

Aren't both questions the same?

2. After the split, the number of shares outstanding is <u>80,000</u> and the par value per share is <u>$1</u>.

Explanation:

When a stock split happens, the total number of outstanding stock is just multiplied by the stock split factor, in this case it was 2, but other times it might be 4 or 7 (like Apple stock). You just multiply total outstanding stock by the split number. On the other hand, par value is calculated by dividing the current par value by the split number.

5 0
2 years ago
A(n) _______________, if signed by a majority of the members of the house of representatives, will pry a bill from committee and
Dmitriy789 [7]
<span>A petition that, if signed by a majority of the members of the House of Representatives, will pry a bill from committee and bring it to the floor for consideration.

A discharge petition!</span>
7 0
2 years ago
The financial statement that presents a summary of the revenues and expenses of a business for a specific period of time, such a
adelina 88 [10]

Answer: Income statement.

Explanation:

Also known as the profit and loss account, the income statement is a financial record that shows the amount of money that a business establishment receives and spends during a certain period (week, month or year). The profit or loss is determined by subtracting the expenses from the income during a period.

6 0
3 years ago
Other questions:
  • Shen has plans to go to an opera and already has a $100 nonrefundable, nonexchangeable, and nontransferable ticket. Now Valerie,
    12·1 answer
  • Look carefully at the following list. a. The coins in your pocket. b. The funds in your checking account. c. The funds in your s
    12·1 answer
  • Identify cash equivalents from the listed items. (You may select more than one answer. Single click the box with the question ma
    10·2 answers
  • If a company uses the balance sheet approach to estimate bad debt expense, bad debt expense for a period can be determined by: M
    14·1 answer
  • What is the difference between monetary policy and fiscal policy
    11·1 answer
  • Munoz Airline Company is considering expanding its territory. The company has the opportunity to purchase one of two different u
    8·1 answer
  • XYZ Corporation produces and sells 10,000 units of Product X each month. The selling price is $40 per unit, and variable expense
    13·1 answer
  • Judd, Inc., owns 35% of Cosby Corporation. During the calendar year 2010, Cosby had net earnings of $300,000 and paid dividends
    8·1 answer
  • Capital State University agreed to pay for Irene to attend their school and play lacrosse for their team. As part of their arran
    12·1 answer
  • On december 1 victoria company signed a 90 day 4% note payable with a face value of 15,000 what amount of interest expense is ac
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!