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shusha [124]
4 years ago
11

Jurisdiction- James Clayton Allison, a resident of the state of Mississippi, was employed by the Tru-Amp Corporation as a circui

t breaker tester. As a part of his employment , Allison was sent to inspect, clean, and test a switch gear located at the South Central Bell Telephone Facility in Brentwood, Tennessee. One day, when he attempted to remove a circuit breaker manufactured by ITE Corporation(ITE) from a bank of breakers, a portion of the breaker fell off. The broken piece fell behind a switching bank and, according to Allison, caused an electrical fire and exploration. Allison was severely burned in the accident. Allison brought suit against ITE in a Mississippi state court, claiming more than $50,000 in damages. Can this suit be removed to federal court? Allison v ITE Imperial Corp.; 729 F. Supp. 45, Web 1990 U.S. Dist. Lexis 607 (United States District Court for the Southern District of Mississippi)
Business
1 answer:
Nikolay [14]4 years ago
3 0

Answer:

The US District Court ruled that this case must be served by a court in Tennessee because:

  • Allison was injured while working in Tennessee
  • The place where Allison got involved with the defendant is Tennessee, so their relationship took place there.

If the lawsuit had been for a higher amount (at least $75,000), then the case could have been tried by a federal court.

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For each customer, a bakery charges p dollars for the first loaf of bread bought by the customer and charges q dollars for each
spayn [35]

Answer:

p = $2

q = $1.6

Explanation:

If a customer buys 2 loaves he will pay p for the first and q for the second

p + q

if a customer buys a single loaf he pays p

10% less of p is expressed as

p - 0.1p

1. A customer who buys 2 loaves is charged 10% less per loaf (this means average) than a customer who buys a single loaf is expressed as

(p+q)/2 = (p - 0.1p)

(p+q)/2 = 0.9p

(p + q) = 1.8p (cross multiply so that 2*0.9)

q = 1.8p - p

q= 0.8p    (equation 1)

2. If a customer buys 6 loaves of bread he will pay p for the first loaf and q for each of the remaining 5 so that

p + 5q = $10 (equation 2)

Now put substitute equation 1 into 2

p + 5(0.8p) = $10

p + 4p = 10 (add)

5p = 10

p = 2 (after dividing both sides by 5)

Now put p=2 into equation 1

q = 0.8(2)

q = 1.6

Thus p is $2

7 0
3 years ago
Suppose that in Brazil total annual output is worth $600 million and people work 30 million hours. In Peru, total annual output
stira [4]

Answer:

The productivity will be higher in Brazil.

Explanation:

Below is the given values:

Total annual output = $600 million

Working hours = 30 million hours

Total annual output in Peru = $800

Working hours in Peru = 50 million hours

The productivity will be higher in Brazil because per hour productivity is 600/30 = 20 million. While in Peru the per hour productivity is 800/50 = 16 million

Moreover, the variation in the living standard in the country will be due to the differences in productivity.

5 0
3 years ago
There is often litter along highways but rarely in people's yards. Which of the following statements help explain this observati
Shtirlitz [24]

Answer:

b

c

Explanation:

A good has negative externality if the costs to third parties not involved in production is greater than the benefits. an example of an activity that generates negative externality is pollution. Pollution can be generated at little or no cost, so they are usually overproduced. Government can discourage the production of activities that generate negative externality by taxation. Taxation increases the cost of production and therefore discourages overproduction. Tax levied on externality is known as Pigouvian tax.

Government can regulate the amount of externality produced by placing an upper limit on the amount of negative externality permissible

Coase theorem has been proposed as a solution to externality. According to this theory, when there are conflicting property rights, bargaining between parties involved can lead to an efficient outcome only if the bargaining cost is low

Another solution to negative externality is through the activities of charities. Charities can raise donations to limit or regulate the activities of firms that constitutes a negative externality.

5 0
3 years ago
Planet Music buys all of its inventory on credit. During 2005, Planet Music's inventory account increased by $10,000. Which of t
sasho [114]

Answer: C. It made more cash payments to its suppliers than it recorded as cost of goods sold.

Explanation:

From the question, we are informed that Planet Music buys all of its inventory on credit and that during 2005, Planet Music's inventory account increased by $10,000.

The option that is true for Planet Music during 2005 is that Planet Music made more cash payments to its suppliers than it recorded as cost of goods sold.

4 0
3 years ago
Alaska Mining Co. acquired mineral rights for $37,878,000. The mineral deposit is estimated at 21,400,000 tons. During the curre
Pavel [41]

Answer:

a. 3,787,800.00

b. Debit Amortization expense $3,787,800.00

Credits Mining rights (B/S)  $3,787,800.00  

Being entries to recognize depletion expense for the period.

Explanation:

The depletion expense represents the dollar equivalent of the mineral right that has been mined during a given period of time.

Therefore, given;

Deposits = 21,400,000 tons

Quantity mined during the period = 2,150,000 tons

Cost of rights acquisition = $37,878,000

Depletion expense = (2,150,000 tons/21,400,000 tons) × $37,878,000

= $3,787,800.00  (with the depletion rate rounded to two decimals places)

Debit Amortization expense $3,787,800.00

Credits Mining rights (B/S)  $3,787,800.00  

Being entries to recognize depletion expense for the period.

6 0
3 years ago
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