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kifflom [539]
3 years ago
12

Wayne grants his cousin, Vinnie, a franchise in Wayne's local sandwich shop. Wayne writes the agreement so that he controls ever

y detail of Vinnie's shop such that it is exactly the same as the original shop. He even consults with Vinnie about hiring employees and safety practices. One of Vinnie's employees fails to clean up a spill and a customer is injured. Wayne may be liable to the customer under.......................
Business
1 answer:
aliya0001 [1]3 years ago
3 0

Answer:

<u>Agence law.</u>

Explanation:

Agency law can be defined as an area of ​​commercial law that deals with the relationship between a party that has legal authority to act in place of another, called an agent.  The agent can be an individual, or some partnership or corporation. The agent deals with contractual, almost contractual and non-contractual fiduciary relationships.

The powers of the agency's law are to deal with contractual, almost contractual and non-contractual fiduciary relationships involving an agent.

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How Carnegie used vertical integration to reduce competition and make his business more profitable?
fomenos
Carnegie used vertical integration to reduce competition and make his business more profitable Vertical Integration was incorporated into everything from mining the ore and coal, to shipping it to the factories, and etc. With the flow from one business to another Carnegie was able to protect the profit made by keeping it all in a sort of cycle formation within the family. This prevented competitor companies from being able to cut down <span>availability on the market as well as raising prices on the stock.</span>
8 0
3 years ago
The city of Ann Arbor Michigan buys a police car manufactured in Germany. In the GDP accounts this transaction is included in a.
natima [27]

Answer:

A. In government expenditures and imports.

Explanation:

We are informed about how The city of Ann Arbor Michigan buys a police car manufactured in Germany.

In the case of this transaction, it is included in GDP accounts in government expenditures and imports.

GDP which is known as Gross Domestic Product can be explained as the total market value of domestic finished goods/service that are been produced in a particular period in a country. The net export, as well as consumption and government expenditures and investment are taking into consideration in GDP. It should be noted that social security payment is not accounted with GDP

8 0
3 years ago
Grouper Inc. has decided to raise additional capital by issuing $199,000 face value of bonds with a coupon rate of 6%. In discus
leonid [27]

Answer:

A. Dr Cash 152,000

Dr Discount on bonds payable 40,800

Cr Bond Payable 170,000

Cr Paid-in Capital-Stock Warrants 22,800

B. Dr Cash 152,000

Dr Discount on bonds payable 18,000

Cr Bond Payable 170,000.00

Explanation:

A. Calculation for the Journal entry that should be made at the time of the issuance of both the bonds and warrants

Dr Cash $200,900

Dr Discount on bonds payable $21,735

($199,000 - $177,265)

Cr Bond Payable $199,000

Cr Paid-in Capital-Stock Warrants $23,605

(b) Preparation of the journal entry in a situation were the warrants were nondetachable.

Dr Cash $200,900

Cr Discount on bonds payable $1900

($199,000-$200,900)

Cr Bond Payable $199,000

Workings:

Value assigned to bonds=179,100/($179,100+$23,880)

*$200,900

Value assigned to bonds=179,100/$202,980

*$200,900

Value assigned to bonds=$177,265

Value assigned to warrants=$23,880/$202,980*$200,900

Value assigned to warrants=$23,605

8 0
3 years ago
Plumlee Corporation has the following account balances at December 31, 2017.
NISA [10]

Answer and Explanation:

Please find answer and explanation attached

6 0
3 years ago
Dawn's bridal boutique is having a sale on evening dresses. The increase in consumer surplus comes from the benefit of the lower
torisob [31]

Answer:

both existing customers who now get lower prices on the gowns they were already planning to purchase and new customers who enter the market because of the lower prices.

Explanation:

Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.

Consumer surplus = willingness to pay – price of the good

Let assume that the price before the sale and after the sale is $1000 and $800. The willingness to pay of customer A is $1500 and for customer b is $900

consumer surplus of customer A before sale = 1500 - 1000 = 500

consumer surplus of customer A after sale = 1500 - 800 = 700

consumer surplus of customer B before sale =  0

consumer surplus of customer B after sale = 900 - 800 = 100

consumer surplus of both customers increase

6 0
3 years ago
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