Answer:
B). Contributory negligence
Explanation:
From the question we are informed about Merv Grazinski, who is driving his Winnebago, put it on cruise control to go make coffee. The Winnebago went off the road, turned over several times, and left Grazinski paralyzed from the waist down. He brings a product liability lawsuit against Winnebago. In this case, the best possible defense for Winnebago to use at trial Contributory negligence. Contributory negligence can be regarded as failure of plaintiff to have a tangible care for their own safety. Plantiff compensation could be reduced by Contributory negligence if confirmed that the occurrence of incident is likely as a result of their actions
Answer:
B) $2,850
Explanation:
1: Find the discount: $3,000*5% = $150
2: Subtract the discount: $3,000 - $150 = $2,850
When a firm's customers make investments in order to use its particular product or service, the customers incur switching costs if they purchase another firm's products or services instead. Therefore, the option B holds true.
<h3>What is the significance of switching costs?</h3>
The switching costs can be referred to or considered as the costs incurred by the customers of a product or a service when they use the alternatives or the competitive products available in the market, instead of the product they were using earlier.
Therefore, the option B holds true and states regarding the significance of the switching costs.
Learn more about switching costs here:
brainly.com/question/14728758
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When a firm's customers make investments in order to use its particular product or service, the customers incur which type of costs if they purchase another firm's products or services instead?
A. Acquisition costs
B. Switching costs
C. Alternative costs
D. Replacement costs
Answer:
(a) $210,000
(b) $351,500
Explanation:
(a) Given that,
Fair value of equipment = $1,440,000
Face Amount of the note = $1,230,000
Gain on sale:
= Fair value of equipment - Face Amount of the note
= $1,440,000 - $1,230,000
= $210,000
(b) Given that,
Accrued Interest Payable = $290,000
Interest rate = 5%
Gain on the partial settlement and restructure of the debt:
= Accrued Interest Payable + (Face amount of note × Interest rate)
= $290,000 + ($1,230,000 × 5%)
= $290,000 + $61,500
= $351,500
Answer:
B) Step aside and let the other person prevail
Explanation:
I took it on Edgenuity
