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bogdanovich [222]
3 years ago
14

Zach is on trial for breaking and entering, a crime. Zach wants to argue that he is not guilty because he did not "break" open t

he door or lock to the house he entered, because the door was unlocked and open. Several criminal defendants in the past have also presented this defense in similar cases. A judge will use which legal standard to determine whether this is defense is available to him?
A. Per Curiam Opinion. B. Res Ipsa Loquitor. C. Res Judicata. D. Stare Decisis.
Business
1 answer:
Nina [5.8K]3 years ago
8 0

Answer:

D. Stare Decisis.

Explanation:

Stare Decisis refers to a legal doctrine in which the courts adhere to the precedents that are set by the last decisions. It adheres the prior cases and on the same time it also make a rule on the same case.

Since in the given situation, the criminal defendants in the past period has shown the defense in the same cases so the judge applied the Stare Decisis to figure out that is defense is available to him or not

Therefore the correct option is D.

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This year Mary received a $600 refund of state income taxes that she deducted on her tax return last year. Mary included a total
Mariulka [41]

Answer:

$600

Explanation:

If instead of itemizing, Mary had elected the standard deduction last year, then she wouldn't have to include any state income tax refund on her current gross income. But since she itemized her deductions and actually deducted these $600 from her gross income last year, she must include them in he current gross income.

5 0
2 years ago
A. by how much will gdp change if firms increase their investment by $11 billion and the mpc is 0.9?
Sliva [168]

Answer:

The answer is <u>"$110 billion".</u>

Explanation:

Firms increase their investment by $11 billion

mpc = 0.9

gdp = ?

To find the gdp, first we have to find expenditure multiplier;

we will find that by using the formula;

expenditure multiplier = 1/(1-0.9) = 1/0.1 = 10

Now gdp = 10 x $11 billion

= $110 billion

Thus the <u>gdp is $110 billion.</u>

6 0
3 years ago
Acme Investors is considering the purchase of the undeveloped Baker Tract of land. It is currently zoned for agricultural use. I
Ahat [919]

Answer:

Office

Explanation:

Calculation to determine Which would be the highest and best use of this site

The analysis for the Baker Tract is as follows: OFFICE RETAIL

Rent 2,400,000 2,400,000

(100,000*$24=2,400,000)

Less Expenses (960,000) (1,200,000)

(2,400,000*40%=960,000)

(2,400,000*50%=1,200,000)

Cash Flow 1,440,000 1,200,000

(2,400,000-960,000=$1,440,000)

(2,400,000-$1,200,000=$1,200,000)

Cap Rate 0.10 0.11

(13%-3%=0.10)

(14%-3%=0.11)

Property Value 14,400,000 10,909,090

(1,440,000/0.10=14,400,000)

(1,200,000/0.11=10,909,090)

Construction Cost (10,000,000) ( 8,000,000)

(100,000*100=10,000,000)

(80,000*100=8,000,000)

Residual 4,400,000 2,909,090

(14,400,000-10,000,000=4,400,000)

( 10,909,090-8,000,000=2,909,090)

Therefore Based on the above calculation OFFICE would be the highest and best use of this site reason been that OFFICE has the HIGHEST amount of $4,400,000 compare to retail which has $2,909,090.

6 0
2 years ago
On January 1, 2011 Grace Company had an $13,000 balance in the Accounts Receivable account and a zero balance in the Allowance f
Lubov Fominskaja [6]

Answer:

The amount of uncollectible accounts expense recognized on the 2011 income statement is:

$6,600.

Explanation:

As the amount of uncollectible accounts are expressed as percentage of the total sales, then the amount is $6,600

  • Initial Balance  

Dr Accounts Receivable  $ 13.000  

During 2011, Grace provided $55,000 of service on account  

Dr Accounts Receivable  $ 55.000  

Cr SALES $ 55.000  

  • The company collected $48,100 cash from account receivable.  

Dr CASH $ 48.100  

Cr Accounts Receivable  $ 48.100  

  • Uncollectible accounts are estimated to be 12% of sales on account  

Dr Bad Debt Expense $ 6.600  

Cr Allowance for Uncollectible Accounts $ 6.600  

If the company applies the allowance method, it means that the account Allowance for Uncollectible Accounts must show as balance the % of accounts receivables as CREDIT.

Bad accounts are those credits granted by the company and there is no possibility of being charged.

"When customers buy products on credits but the company cannot collect the debt, then it's necessary  to cancel the unpaid invoice as uncollectible."

One way is to directly cancel bad debts at the time it was decided that the credit is bad, the total amount reported as bad debt expenses negatively affect the income statement and the accounts receivable are reduced by the same amount, less assets

The other way is to determine a percentage of the total amount of accounts receivable as bad debts, there are many ways to analyze accounts receivable and calculate the value of bad debts.

When the company has the percentage of uncollectible accounts, the required journal entry is Bad Expenses (debit) with Reserve for Bad Accounts (credit)

At the time of cancellation, since the expenses were recognized before, we only use the Allowance for Uncollectible Accounts (Debit)  with accounts receivable (credit), with this we are recognizing the bad credit of the company.

7 0
3 years ago
What’s a industry-wide sales volume?<br> What’s the different of dollars and units?
vaieri [72.5K]

Answer:

<u><em>What’s a industry-wide sales volume? </em></u>

It is a measurement of the average of money and units sold showing  the size of an specific industry.

<u><em>What’s the different of dollars and units?</em></u>

The expresion in dollars shows the economic variatoion of the industry and in units shows how the production is growing or reducing.

4 0
3 years ago
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