Answer:
One company pays 100%, the other re-reimburses 50%
Explanation:
If an environmental assessment found that the two companies share joint and several liability for a hazardous materials cleanup.
What could happen if the two of them don't agree to cooperate in the cleanup is that one of the companies will eventually settle the costs fully while the other party will have to reimburse the party that pays, 50%.
The paying company could make claims because the environmental impact assessment has already found both companies jointly liable. hence each company ought to jointly share the costs
The answer is a, true. It is because a person with an internal locus of control has their own belief in terms of their health in a way that their behaviors and actions will be the ones responsible of having to know the status or what will likely happen to their health in which is also same in the given description above.
A buyer wishes to have the choice to buy a parcel of land in the next few months, this transaction is an example of equitable title to the property.
An option to buy actual property offers the holder an equitable interest within the assets. options to buy real assets provide the holder equitable interest within the assets and the right to essentially force the belongings owner to sell at any time all through the time period of the contract.
While a potential client makes a written buy provide that the vendor accepts, then the: customer gets equitable title to the assets. A bilateral contract is one that: The promise of one birthday celebration is given in alternate for the promise of the alternative birthday party.
An alternative settlement is in which a prospective client enters into an settlement with a landowner for the proper to buy their land/assets, frequently paying the landowner a amount of money as an option fee. the possible consumer then has the choice inside a duration described inside the settlement to shop for the belongings.
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Answer:
<u>c. Fisher should report the potential liability it has related to the lawsuit.</u>
<u>Explanation:</u>
Remember, the principle of conservatism is one that encourages businesses to prioritize their future losses in their financial reports over any future gains.
Therefore, based on the principle of conservatism, instead of reporting the business deal could result in the company making a large gain, Fisher should report the potential liability (losses) it has related to the lawsuit.
