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KengaRu [80]
2 years ago
10

Dewey, an employee of American Stair Glide, had a novel idea for a safety device for elevator chairs manufactured by American. D

ewey on his own time made a drawing and model of his idea and showed it to officials of American. Later, American used the safety decide, thereby saving money. American refused to pay Dewey anything, claiming it had no contract with Dewey. American also proved that Dewey was not employed by American to do any engineering or design concept work. Dewey claimed that American was unjustly enriched by his idea. Can Dewey recover using the theory of quasi-contract
Business
1 answer:
kirill [66]2 years ago
6 0

Answer:

In this case science the item is a design, we will have to do certain more case referring to quasi contract. Dewey will have to prove the court that design is his and it is not being used until the discussion made with American. If this is prove in court then the court can accept the case of quasi contract in which the American has willingly used his design to gain monetary benefits without keeping in knowledge to Dewey about the use. In this case the court may grant legal rights of the design to Dewey and would ask to pay penalty to American. Further, usage of design of American must sign legal contract with Dewey about the benefit and usage.

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3 years ago
an Corporation of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisions f
irinina [24]

Answer:

Part 1 - ROI

In terms of Margin :

Division Osaka  = 20 %

Division Yokohama  = 14 %

In terms of Turnover :

Division Osaka  = 400 %

Division Yokohama = 200 %

Part 2 - Residual Income

Division Osaka = $182,000

Division Yokohama  = $210,000

Explanation:

<em>Return on investment (ROI) = Divisional Profit Contribution / Assets Employed in the division x 100</em>

In terms of Margin :

Division Osaka = $ 455,000 / $ 2,275,000 x 100 = 20 %

Division Yokohama = $ 1,470,000/ $ 10,500,000 x 100 = 14 %

In terms of Turnover :

Division Osaka = $ 9,100,000 / $ 2,275,000 x 100 = 400 %

Division Yokohama = $ 21,000,000/ $ 10,500,000 x 100 = 200 %

<em>Residual income = Controllable Profit - Cost of Capital Charge on Controllable Investment</em>

Therefore,

Division Osaka = $ 455,000 - $ 2,275,000 x 12 % = $182,000

Division Yokohama = $ 1,470,000  - $ 10,500,000 x 12 % = $210,000

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Stephen is restoring a car and has already spent $4,000 on the restoration. he expects to be able to sell the car for $5800. ste
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"The Price King Auto Mall pays their sales staff by commission. They are paid a percent of the profit the dealership makes on ea
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Answer:

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25% of $2500 = $625

I hope my answer helps you

4 0
3 years ago
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