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DIA [1.3K]
2 years ago
11

Annette drove through an intersection without looking and hit Vincent's car that he had driven into the intersection without obe

ying a stop sign. Annette sued Vincent. The jury found that Annette’s fault contributed 30 percent to the collision and determined that her total loss was $100,000. Under comparative negligence, the jury should award Annette:
a. $20,000.
b. $80,000.
c. $100,000.
d. nothing.
Business
1 answer:
Papessa [141]2 years ago
4 0

Answer:

$70,000

Explanation:

Under a Comparative negligence theory,

When an accident occurs, the blame or fault is determined by the contributions of each party towards the accident.

In a pure comparative negligence theory, the victim or plaintiff who files a case, sue the other party and received some part of the damages and hence each party receives the amount related to their damages minus the part of their fault.

In our case, Annette fault contributes 30% to the collision and determined that her total loss was $100,000.

So, Annette will recover:

= Total loss - 30% of fault

= $100,000 - 0.3 × $100,000

= $100,000 - $30,000

= $70,000

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Explanation:

Option A is the correct answer to this question.

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3 years ago
Given the following information about each economy, either calculate the missing variable or determine that it cannot be calcula
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Explanation:

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c. NX is

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3 years ago
An ice cream manufacturer makes ice cream in two processes, Mixing and Packaging. During April, its first month of business, the
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Based on the sales revenue that the ice cream manufacturer got and the cost of goods sold, the total gross profit on ice cream sales is $300,000.

<h3>How is the total gross profit calculated?</h3>

This can be found as:

= Sales revenue - Cost of goods sold

Sales revenue:

= 200,000 x 4.70

= $940,000

Cost of goods sold:

= Total production cost / Total units produced x Units sold

= 665,600 / 208,000 x 200,000

= $640,000

Gross profit:

= 940,000 - 640,000

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2 years ago
Suppose the price of hot wings is $10, the price of beer is $1, and the consumer’s income is $50. In addition, suppose the consu
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Answer:

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