Answer:
Total capitalized cost 24,980
Explanation:
The shipping and installation cost are capitalzied as they are cost needed to make the equipment ready to use.
The down payment will be in his full amount as it is done "today".
The the note, which is an annuity will be multiplied by the annuity factor
and the note
down payment: 4,000
shipping charges 2,000
installation 3,500
6,000 annuity x 2.58 = <u> 15,480 </u>
Total capitalized cost 24,980
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Answer:
The Kmart was held by the court not liable because David assumed the risks of sledding.
Explanation:
Negligent actions are those actions that come under the rubric of tort actions. To prove negligent actions against a person or a company, the plaintiff is required to prove four things in court– duty, breach, causation, and damages.
In the given case, the court will not be held Kmart liable because David (the consumer) was aware of the risks involved in the sledding. Therefore, the case of negligent actions is not applicable for Kmart.
