Answer: Vicarious liability
Explanation: It refers to a situation when a person is held liable for wrong actions of some other person. This doctrine is usually used in workplace contexts. If an employee do something illegal then the employer could be held liable for that employees actions, given that the action is taken in course of employment.
In the given case, Owen will be held liable as the wrongful conduct of serving alcohol to the minor is done by his employee and on his workplace.
Hence from the above we can conclude that the correct option is C.
Answer:
$25 per setup
Explanation:
With regards to the above, activity rate is computed as;
= Activity cost pool resources / Activity driver
Activity cost pool resources = $125,000
Activity driver = 5,000
Activity rate for machine setup = $125,000/5,000 = $25 per setup
To calculate the amount of money that Jim will have on the deposit in 7 years, we will have to calculate the future value of the deposited amount
Future Value(FV) = PV*(1+r)^n
PV = 12,000
r = 6% = 0.06
n = 7 years = 7
FV = 12000*(1+0.06)^7
FV = 12000*1.06^7
FV = 18,043.56
a. How much will jim have on deposit at the end of seven years - $18,043.56
Answer:
The answer is <u>A. The Muffler</u>
Explanation:
The first muffler for cars was designed in 1897.
The function of the car muffler is to slow down the speed of movement of the exhaust gases, which helps to smooth the movements of the engine, reduce the temperature of the gases and reduce the emissions of substances that are harmful to the environment.
Answer:
C) along the production possibilities frontier.
Explanation:
The production possibilities frontier refers to the maximum possible output of goods and services that an economy can produce by using all their available resources efficiently. Generally macroeconomics studies the production possibilities frontier of two goods or services, since it would be impossible to study all the different goods and services.
For example, if a country is able to produce 100 units of X and 50 units of Y, then the production possibilities frontier curve will include all the different possible output combinations of X and Y.
In their is no foreign trade, when a country maximizes its living standard, it means that it is actually producing along it production possibilities frontier.