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Alenkasestr [34]
3 years ago
7

Nelson Ovalles worked as a cable installer for Cox Rhode Island Telecom, LLC, under an agreement with a third party, M&M Com

munications, Inc. The agreement stated that no employer-employee relationship existed between Cox and M&M’s technicians, including Ovalles. Ovalles was required to designate his affiliation with Cox on his work van, clothing, and identification badge, but Cox had minimal contact with him and limited power to control the manner in which he performed his duties. Cox supplied cable wire and similar items, but the equipment was delivered to M&M, not to Ovalles. On a workday, while Ovalles was fulfilling a work order, his van rear ended a car driven by Barbara Cayer. Is Cox liable to Cayer?
Business
1 answer:
Illusion [34]3 years ago
5 0

Answer:

No.

Explanation:

Ovalles was an M&M contractor to perform work assigned by M&M. As the question says, <em>"Cox had minimal contact with him and limited power to control the manner in which he performed his duties."</em>.  That is the main feature of a contractor, different from an employee who works directly for Cox. The liability is completely of M&M.

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gayaneshka [121]

Answer:

b. both firms will reduce their price.

Explanation:

The Nash equilibrium is a decision-making theorem that lies inside the game theory where the player could attain the expected result by not deviating to the beginning strategy. In this, the strategy of the each player is optimal at the time when the other player decisions are relevant

So as per the given situation, both the firm should decrease their price

hence the option b is correct

7 0
3 years ago
You are considering two ways of financing a spring break vacation. You could put it on your credit card, at 15% APR, compounded
Bess [88]

Answer:

The lower rate is when you put it into your credit card.

Explanation:

Credit card: rate = (1 + 15%/12)^12 - 1

EAR = 16.08%

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Therefore, The lower rate is when you put it into your credit card.

8 0
4 years ago
Hummingbird Corporation, a closely held C corporation that is not a PSC, has $240,500 of net active income, $96,200 of portfolio
grin007 [14]

Answer:

$72,150

Explanation:

Calculation to determine Hummingbird’s taxable income for the year

Using this formula

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Let plug in the formula

Taxable income=$240,500+$96,200-$264,550

Taxable income=$72,150

Therefore Hummingbird’s taxable income for the year is $72,150

4 0
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3 years ago
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