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Bumek [7]
3 years ago
13

To avoid liability for intentional injuries, Northwest Power Corporation includes in its contracts an exculpatory clause. This i

s:________
Business
1 answer:
xxMikexx [17]3 years ago
7 0

Answer:

not enforceable

Explanation:

Exculpatory clause is basically inserted in a contract, where the person can demand relief from the damage based on the circumstances, also this provides to increase the liability of all the remaining parties under the contract.

Thus, this is only feasible when the party demanding such relief is genuinely not responsible for such liability, and that the loss/liability has not been incurred in any circumstances in their knowing capacity.

Where the party demanding the exculpatory clause does any damage intentionally, in order to provide other parties with liabilities, is not valid argument.

Thus, such clause cannot be enforceable in intentionally created liabilities.

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Which of the following items should be included in a company's inventory at the balance sheet date? A) Goods sold to a customer
Nikitich [7]

Answer:

The correct answer is C.

Explanation:

In the inventory of a company, when it is on the balance sheet date, goods in transit purchased at an f.o.b. shipping point must be included.

Goods in transit are goods that are not physically in the warehouse but have already been paid for by the company. This already acquired merchandise is property of the company, only that its arrival is only waited for to the deposit.

Have a nice day!

8 0
3 years ago
Read 2 more answers
Dirk required surgery for a kidney impairment. His total bill for medical services was $50,000. Dirk has a medical expense polic
MariettaO [177]

Answer:

$44,000

Explanation:

Calculation to determine how much of the $50,000 bill will the insurer pay

Total bill for medical services $50,000

Less medical expense policy calendar-year deductible ($1,000)

Less annual out-of-pocket limit $5,000

Bill payment $44,000

($50,000-$1,000-$5,000)

Therefore how much of the $50,000 bill will the insurer pay is $44,000

3 0
3 years ago
Slapshot Company makes ice hockey sticks. During the month of June, 1,900 sticks were completed at a cost of goods manufactured
Alexxx [7]

Answer:

Answer is $135,000...

8 0
4 years ago
Harry recently raised his employees' wages, which has increased production costs. Which factor did the salary hike affect?
Pavel [41]
The factor that the salary hike effect is :
A. Fixed cost
Technically, no matter how much output the workers produced, the wages will stay the same

hope this helps
6 0
3 years ago
Read 2 more answers
An investor purchases a 12-year, $1,000 par value bond that pays semiannual interest of $40. If the semiannual market rate of in
marysya [2.9K]

Answer:

Value of the bond = $862.013

Explanation:

The value of the bond is the present value of the future cash receipts expected from the bond. The value is equal to present values of interest payment and the redemption value (RV).

Value of Bond = PV of interest + PV of RV

The value of the bond can be worked out as follows:

Step 1

<em>Calculate the PV of Interest payment </em>

Present value of the interest payment

PV = Interest payment × (1- (1+r)^(-n))/r

Interest payment = $40

PV = 40 × (1 - (1.05)^(-12×2)/0.05)

= 40 × 13.7986

= 551.945

Step 2

<em>PV of redemption Value </em>

PV of RV = RV × (1+r)^(-n)

= 1000 × (1.05)^(-12×2)

= 310.067

Step 3

<em>Calculate Value of the bond  </em>

= 551.94567 + 310.067

=862.01

Value of the bond = $862.013

 

3 0
3 years ago
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