Answer:
B. Class action
Explanation:
In this scenario, Harvey is planning to file a case against a petrochemical giant that has a plant in his town because the petrochemical plant is dumping toxic wastes into its surrounding areas. Sequel to this, Harvey is mobilizing the residents of the town, all of whom have suffered from various health problems due to the activities of the plant.
Hence, a class action would be of most help to Harvey and the other residents.
In Law, a class action is a type of lawsuit in which a collective group of people (plaintiffs) having similar injuries or suffering similar damages caused by a particular company's product or action sue the defendant on behalf of a larger group. This simply means that, the group of people (plaintiffs) have a common interest as a result of sharing similar actions from an event.
<em>Hence, the larger group that is being represented by Harvey is referred to as the "class" in business law.</em>
<em>Additionally, it is required by law that the class attest to the fact that they were affected by the actions of the petrochemical plant (defendant). </em>
Answer:
1<em>. Emergency surgery is less elastic than cosmetic surgery.</em>
<em>2. A cheeseburger at 2:00 am at a 24 hours restaurant is less elastic than a cheeseburger at 7:00 pm at a 24 hours restaurant.</em>
<em>3. Monthly electricity consumption is less elastic than yearly electricity consumption.</em>
<em>4. The wall street journal is more elastic than wall street journal at the airport.</em>
<em>5. Red cars are less elastic than all cars.</em>
Explanation:
1. Emergency surgery is a necessity and if there is necessity the demand will be inelastic.
2. At 7 pm there are more restaurant open so there will be more offer than 2 am, so if there is more offer the demand is more elastic.
3. Monthly electricity consumption is less elastic because, electricity tend to increase in long run because consumer have more time to adjust their behavior.
4. To buy wall street journal there are few places and less time in the airport than in other places to buy so demand will be less elastic.
5. If there are few substitute only red cars demand will tend to be inelastic. on the contrary, if there are more substitutes (any color car), the demand for the good will be elastic and its consumption can be replaced.
Answer:
option A is correct
Paid-In Capital in Excess of Par will be credited for $150,000
Explanation:
Given data
share = 5000
share value = $5 / common stock
cash = $175000
to find out
find the option which is correct
solution
we know here we have cash value $175000
and
total common stock is = share × share value
total common stock =5000 × 5
total common stock value is $25000
so paid capital in excess = cash - total common stock value
paid capital in excess = 175000 - 25000
paid capital in excess is $150000
so option A is correct
Paid-In Capital in Excess of Par will be credited for $150,000
Answer:
0.1093 or 10.93%
Explanation:
The number of days before the company runs out of stock after placing an order (X) is:
Assuming a normal distribution with:
Mean (μ) = 6
Standard deviation (σ)=1.10
The z-score for X=7.353 is:
According to the z-score table, a score of 1.23 falls in the 0.8907-th percentile. Therefore, the probability of the delivery takes longer than 7.353 days is:
Answer:
The correct answer is "affirmative action".
Explanation:
Preferential treatment of minority employees, even though the interests of other employees are often neglected, is an important decision, as it represents affirmative action to create a diverse workforce. In a company it is difficult to treat employees equally. To have a diverse workforce, the company must primarily care for employees from minority groups.
Have a nice day!