Answer: 1. a. The existence of a no-fault law.
2. d. $17,000
Explanation:
1. For Jane to prove that Famous was indeed negligent, she definitely does not need the No - Fault law. This is a law that is mostly applicable to motor vehicle accidents and means that the individual parties are responsible for whatever injuries they sustain and the person who actually caused the accident is irrelevant. The main aim of this is to reduce the damages claims that one can be put on Insurance which increase insurance premiums.
<em>If this law was to be applied here, Jane would</em> <em>be responsible for her own injuries and her suit would fail. </em>
2. Jane missed 2 weeks of work and in each week she earns $5,000.
She also had medical expenses of $4,000 and estimated pain and suffering of $3,000.
The general damages therefore are the two weeks she missed plus the medical expenses and the pain and suffering.
= 5,000 ( 2) + 4,000 + 3,000
= 10,000 + 7,000
= $17,000
Answer:
Quality is the perhaps the most desired thing in a good or service, however, sometimes, as customers, we have to compromise on quality for a cheaper price.
Personally, I look for quality when I buy a laptop. I have had four laptos in my life. Two of those laptops were HP, and the two other were Lenovo.
I had a good experience with my first HP laptop, so I bought another one years later. That second HP had many technical issues only a few months after the purchase, and a year later I ended up buyina new Lenovo laptop.
That first Lenovo lasted for over 4 years until I replaced it for a new one.
In this case, the lack of quality I have personally experienced with HP has made me ditch the brand altogether.
I’m going to go with b. Will be considered in the decision making process.
I looked up the definition of criterion and it means a principle or standard which maybe judged or decided. It’s not the ONLY thing that’s required.
Answer:
Doing a financial statement analysis.
Explanation:
Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.
Financial statement analysis can be defined as the process of analyzing, estimating and reviewing the financial statements of a business firm or organization in order to make better economic decisions and profits in the future.
Hence, when creditors, managers, and investors look at expenses as a percentage of revenue, they are doing a financial statement analysis.
