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seraphim [82]
3 years ago
12

Mary buys a new toaster for $500. the toaster's label bears a disclaimer stating that the manufacturer is not liable for consequ

ential damages. one morning while mary is using the toaster, it emits sparks and damages the electrical wiring in the kitchen. the electrician tells mary that the toaster malfunctioned and that the cost of repairs in her kitchen would amount to $2,000. what amount of monetary damages can mary likely recover from the manufacturer of the toaster
Business
1 answer:
Damm [24]3 years ago
5 0

Answer:

The answer is<u> "$500".</u>

Explanation:

The amount of monetary damages Mary can likely recover from the manufacturer of the toaster is $500, because the disclaimer label on the toaster clearly states that, the manufacturer company is not liable for consequential damages. The damage of the electrical wiring in the kitchen refers to consequential damage because it is not the direct result of the damage of toaster but it is due to the spark in the toaster.

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What is private equity investing? Who participates in it and why? How is Palamon positioned in the industry? How does private eq
KengaRu [80]

Answer:

here is answer

Explanation:

Palamon has been positioned as a company that is owned by several partners. They are considered as an independent and professional partnership. Palamon European Equity& LP has acapital investment of 440m Euros and is known to manage some of the largest pool of funds.

Teaching Note Synopsis and Objectives In February 2000, a managing partner of a U.K.-based private equity fund, Palamon Capital Partners, faced the decision of whether to invest in an Italian software company,

4 0
3 years ago
______ across boundaries occurs even beyond the boundaries of the organization to include customers.
DanielleElmas [232]

It should be noted that Collaboration across boundaries occurs even beyond the boundaries of the organization to include customers.

<h3>What is Collaboration?</h3>

Collaboration can be regarded as an act of engaging with other organizations in order to bring improvement to one's company.

It involves Organizing activities such as attracting people to the organization for better profit.

Learn more about Collaboration at;

brainly.com/question/917245

7 0
2 years ago
If a local bank decides to convert some of its U.S. Treasury securities into cash, which it will hold in its vault, reserves wil
ankoles [38]

Answer:

B. increase; stay the same; stay the same

Explanation:

Bank reserves are compulsory deposits by the banks that they are required to not loan out( they are kept in the vault). Therefore, when a local bank decides to convert some of its U.S. Treasury securities into cash, this is an increase in assets. Since the cash is held in its vault, reserves will increase, liabilities will not be affected and owner’s equity will also not be affected. Therefore, the correct answer is B.

7 0
3 years ago
Economies that arise from performing a value creation activity in the optimal place for that activity are referred to as: produc
Genrish500 [490]

Answer: location economies

Explanation:

location economies are economies which are birthed through performing a value creation activity in an optimal location for that activity wherever in the world it may be. It is used by firms to determine the competition in an environment when locating to do business

4 0
3 years ago
Terrell Trucking Company is in the process of setting its target capital structure. The CFO believes that the optimal debt-to-ca
Semenov [28]

Answer:

a. Terrell's Optimal Capital Structure is 40:60. It means to obtain optimal capital structure in-order to increase value of firm, Terrell should finance 40% of its Assets through Debt and remaining through Common Equity.

b. The optimal Capital Structure is the point where company's WACC is minimized. So, 40:60 is the ratio where Terrell's WACC will be minimized.

Explanation:

The goal of Management is to increase Shareholders' wealth and not to generate profits because wealth is something that is for long-run whereas Profits are temporary. Management would accept projects having negative NPV if its goal is to maximize Profit.

Maximizing Shareholders' wealth means to increase the Share Price whereas Generating a higher EPS is Profit Maximization Strategy. So, you should look for that Capital Structure Point where the Company's Stock Price is Highest.

Thanks!

4 0
3 years ago
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