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shusha [124]
3 years ago
8

John was driving his car in a careless way, failing to drive as a reasonably prudent person would under the driving conditions.

Ramona was crossing the street in a careless way, failing to cross as a reasonably prudent person would. John struck and injured Ramona with the car John was driving. At trial, it was determined that John was 80 percent at fault and that Ramona was 20 percent at fault. The injuries sustained amounted to $100,000. Explain how much, if any, recovery Ramona would receive in a state that applies the contributory negligence rule. Do the same thing for a state that applies the comparative negligence rule
Business
1 answer:
Ilia_Sergeevich [38]3 years ago
8 0

Answer:

1. <em>If this law of contributory negligence applies to the state, then Ramona will receive no compensation for the damages she sustained. </em>

<em> </em>2<em>. If this law of comparative negligence applies to this state, then Ramona will get 100% - 20% = 80% of the damages incurred in the accident, from John which will be $80,000</em>

<em />

Explanation:

In contributory negligence, the defense completely bars plaintiffs from any recovery if they contribute to their own injury through their own negligence.

<em>If this law of contributory negligence applies to the state, then Ramona will receive no compensation for the damages she sustained. </em>

<em> </em>

In comparative negligence, the plaintiff's damages is award by the percentage of fault that the fact-finder assigns to the plaintiff for his or her own injury i.e the plaintiff's damage compensation is reduced by percentage of his/her percentage of fault.

<em>If this law of comparative negligence applies to this state, then Ramona will get 100% - 20% = 80% of the damages incurred in the accident, from John</em>

this is 80% of $100,00 which is equal to <em>$80,000</em>

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Answer:

the annual pre-tax cost of debt is 10.56%

Explanation:

the beore-tax component cost of debt will be the actual market rate of the bonds, as they offer an interest rate of 11% but are selling at 104 points not at par thus, there is a difference between the rates.

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with excel or a financial calculator

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C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

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time 60 (30 years x 2 payment per year)

rate <em>0.052787474</em>

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\frac{Maturity}{(1 + rate)^{time} } = PV  

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time   60.00

rate  <em>0.052787474</em>

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PV coupon $99.4338 + PV maturity  $4.5662 = $104.0000

The rate is generated using goal seek or wiht a financial calculator.

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5 0
3 years ago
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Answer:

$5,456

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6 0
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The cavo company has an roa of 9.8 percent, a profit margin of 12.25 percent, and an roe of 18.25 percent. What is the company's
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Total asset turnover = 0.80

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6 0
3 years ago
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Answer:

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