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andriy [413]
3 years ago
14

A city filed eminent domain proceedings in order to obtain 40 beach houses fronting a particularly attractive stretch of shoreli

ne. As part of an elaborate plan to increase the city's tourist trade and revive the local economy, the city planned to sell the beach houses to a company that would demolish the houses and build a luxury hotel in their place. The owners of the beach houses have challenged the city's exercise of eminent domain, contending only that the city's plan is unconstitutional. Will the owners of the beach houses be likely to prevail
Business
1 answer:
kipiarov [429]3 years ago
7 0

Answer:

No, because the planned sale to the private developer to increase the tourist trade qualifies as a public use.

Explanation:

Eminent domain is the provision that gives a government the ability to take a private property and convert it to public use. The owner of the property is however required to be compensated adequately.

In this instance the city filed eminent domain proceedings in order to obtain 40 beach houses as part of an elaborate plan to increase the city's tourist trade and revive the local economy.

Since this is for public gain the city has a legal right to file for an eminent domain here.

So the owners will most likely not prevail in this situation

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<span>The manager could keep track of the NAICS number from their best customers and find a list of companies with identical NAICS numbers. He/she could also find the numbers for all government units, including local, state and federal. NAICS are very useful for analyzing target customers.</span>
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3 years ago
At the end of 2021, Havana contributed $696 thousand to the pension fund and benefit payments of $624 thousand were made to reti
kvasek [131]

Answer:

Havana's 2016 actual return on plan asset is $504 thousand.

Explanation:

Havana's 2016 actual return on plan asset is $504 thousand.

Let actual return be x.

Ending balance of plan assets =  Beginning balance of plan asset + Actual return + Cash Contributions - Retiree benefits

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5 0
3 years ago
When the economy is in a recession, expansionary fiscal policy can be used to stimulate and encourage economic growth. Which of
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Answer:

A

Explanation:

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Discretionary fiscal policies can either be expansionary or contractionary

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3 years ago
When output increases, the PPC of the economy __________ , indicating ________in the economy.
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Read 2 more answers
John Porter is an hourly employee of Motter Company located in New York City. This week, Porter had to travel to the company's r
Ilya [14]

Answer:

1. Overtime rate is $20.175

2. Total earnings are $699.4

Explanation:

1. OT rate - Overtime is typically paid at a rate of 1.5 times the normal hourly rate

OT rate = 1.5 x $13.45

OT rate = $20.175

2. Total earnings for John Porter

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Week normal hours  = $13.45 x 40 hours  = +$538

Training session        = $20.175 x 5 hours  = +<u>$100.875</u>

Total earnings                                                   <u>$699.4</u>

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3 years ago
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