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Aleonysh [2.5K]
3 years ago
9

Melissa's tugboat accidentally collides with Tyler's yacht, and Tyler sues Melissa for negligence. A federal jury finds Melissa

liable and awards Tyler $5,000 in compensatory damages as well as $50 million in punitive damages. Melissa appeals to the United States Supreme Court, challenging the punitive damages award. If the Supreme Court heard the case, it would likely:
a) Uphold the damage award as serving a legitimate purpose.
b) Uphold the damage award as proportional to the harm.
c) Overturn the punitive damage award as grossly excessive.
d) Refuse to review the issue because the court cannot overturn jury awards
Business
1 answer:
soldier1979 [14.2K]3 years ago
7 0

Answer:

C. overturn the punitive damage award as grossly excessive

Explanation:

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The Law of Demand is a rule stating that more will be demanded at lower prices and less at higher prices; inverse relationship b
guajiro [1.7K]

Answer:

True

Explanation:

The variables price and quantity are inverse correlated then a change in 1 has the exact  opposite effect in the other.

6 0
3 years ago
The san francisco giants sell tickets based on​ ____________, where the prices often change based on demand and other variables.
pychu [463]
The San Francisco Giants sell tickets based on <u>dynamic pricing</u>, <span>where the prices often change based on demand and other variables.
This means that these tickets are based on how much a regular customer is willing to pay. There is an approximate price that seems reasonable for customers, and it can fluctuate, but still it is the best way to buy or sell something and profit after it. </span>
5 0
2 years ago
Tracy and Lance, equal shareholders in Macaw Corporation, receive $600,000 each in distributions on December 31 of the current y
Lorico [155]

Answer:

B. $300,000

Explanation:

Macaw Corporation increased its E & P last year for the entire amount of the deferred gain on the installment sale. Since one-half of the $800,000 gain is included in taxable income in the current year, taxable income should be reduced by this amount to determine current E & P. Therefore, Macaw Corporation’s current year E & P is $600,000 ($1 million taxable income – $400,000 of installment sale gain). Because one-half of the current E & P is allocated to Tracy’s distribution, she has a $300,000 dividend

6 0
3 years ago
Suppose that you deposit? $10,000 in an account that pays? 6% interest and you want to know how much will be in your account at
dimaraw [331]

Answer:

B.    =PV(.06,10,0,10000)

Explanation:

In MS Excel the formula of Present value re is as  "=PV( rate, nper, pmt, [fv] )".

PV = Present value

rate = Interest rate= 6% = 0.06

nper = number of periods  = 10

pmt = payment made each period = 0 in this scenario

fv = future value = 10,000

So, according to the formula the correct sequence is =PV(.06,10,0,10000)

which is correctly mentioned in option B.

3 0
3 years ago
How are SAE programs expanded and/or diversified?
harkovskaia [24]

Answer:

The SAE programs could be extended even diversified using the following techniques.  

Explanation:

  • Increased self-employment has led to something like the SAE programs.  
  • Rather than growing the breadth of this. The concept seems to be the volume, gross margin, quantity of acres, respectively.  
  • By introducing or growing new goods as well as companies. This would be referred to those as diversification.  
  • Whilst also connecting to the awareness acquired via the SAE programs.
8 0
2 years ago
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