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PilotLPTM [1.2K]
3 years ago
9

Celeste's accountant fails to prepare her tax returns accurately, and Celeste is charged penalties and interest by the Internal

Revenue Service (IRS) and her state because of the error. In order to prevail in a lawsuit for negligence against her accountant Celeste must prove all of the following, except that:_______
a. her injury was proximately caused by the accountant's breach of the duty of care.
b. a duty of care existed.
c. she suffered financial harm.
d. the accountant was a member of a professional organization
Business
1 answer:
Gre4nikov [31]3 years ago
4 0

Answer:

Option D. The accountant was a member of a professional organization.

Explanation:

The reason is that for a successful claim under the negligence act, the claimant have to prove following three things:

  1. Duty of care existed between the relation
  2. She has suffered economic harm  &
  3. The harm was proximately caused by the accountant's breach of the duty of care.

So the accountant's membership is not a valid requirement under the negligence act for a successful claim.

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frosja888 [35]

Scarcity is the condition wherein the mean to and end (that is resources required to achieve set goals) are limited in relation to the goals that need to be achieved.

Because of the above, one has to carefully make their choice while allocating the resources accordingly.

<h3>What is opportunity Cost?</h3>

When a choice is made between two competing alternatives, it means that one alternative has to be foregone. The alternative foregone is called the Opportunity Cost.

<h3>What is a rationing device?</h3>

A rationing device is a system that determines who receives what of limited commodities and resources.

Price is one of the most regularly employed rationing techniques in a capitalistic (market-based) economic system.

Those who are willing and able to pay the price for a certain commodity (or resource) can obtain it.

Learn more about Scarcity:
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8 0
1 year ago
On January 1, 2021, Calloway Company leased a machine to Zone Corporation. The lease qualifies as a sales-type lease. Calloway p
Delicious77 [7]

Answer:

DR Interest receivable                                  26,400

CR Interest revenue                                                       26,400

Explanation:

As first lease has already been paid, the amount left of the lease is;

= 280,000 - 40,000

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Interest is 11% so the interest to be received in December is;

= 11% * 240,000

= $‭26,400‬

This will be debited to Interest receivable as it is money owed and credited to Interest revenue as it is money earned.

6 0
3 years ago
Mainline Ltd. is a landline telephone manufacturer whose average return on invested capital is approximately 2 percent. Because
irinina [24]

Answer:

competitive disadvantage

Explanation:

According to my research on different business strategies, I can say that based on the information provided within the question in this scenario Mainline Ltd. has a  competitive disadvantage. This term refers to an unfavorable circumstance or condition that causes a firm to underperform in an industry. Which in this case low demand for landlines causes this.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

7 0
3 years ago
What is a delivery gap?
sertanlavr [38]

A delivery gap is,

a. the difference between a firm's service standards and the actual service it provides

- Mabel <3

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3 years ago
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Digiron [165]
I feel like the answer is D
5 0
3 years ago
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