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Darina [25.2K]
3 years ago
13

The owner of a valuable painting hired professional movers to transport it to an auction house when she decided to sell it. As t

he movers were carrying it to their van, a window air conditioner that a tenant had been trying to install fell out of his second floor window and crashed through the painting and onto the ground. The owner had been watching from across the street and saw her painting destroyed. She became extremely upset and needed medical treatment for shock. If the owner brings a claim for negligent infliction of emotional distress against the tenant, is she likely to recover
Business
1 answer:
GuDViN [60]3 years ago
3 0

Answer: No, because she was not within the zone of danger.

Explanation:

Negligent infliction of emotional distress occurs when the defendant must compensate the plaintiff whim is the injured person for the resulting emotional or mental or emotional injury.

In a case whereby the owner brings a claim for negligent infliction of emotional distress against the tenant, then she won't recover because she was not within the zone of danger. The professional movers were the ones in the zone of danger.

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Buzz Lightyear has been offered an investment in which he expects to receive payments of $4,000 at the end of each of the next 1
LenaWriter [7]

Answer:

IRR= 21.86%

Explanation:

Giving the following information:

Initial investment (PV)= $10,000

Cash flows (PMT)= $4,000 per year

Number or years (n)= 4

<u>It is extremely difficult to calculate the IRR using the formula. We will use the financial calculator.</u>

Function: CMPD

n= 4

I%= SOLVE = 21.86%

PV= 10,000

PMT= -4,000

IRR= 21.86%

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3 years ago
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Martin transfers real estate with an adjusted basis of $260,000 and fair market value of $350,000 to a newly formed corporation
katrin [286]

Answer:

$40,000

Explanation:

We can calculate recognized gain on the transfer and basis for his stock just by deducting adjusted basis value from liability on the transfered real estate.

Calcuation

iability on the transfered real estate        $300,000

less: adjusted basis value                       ($260,000)

Gain recognized                                        $40,000

3 0
3 years ago
Read 2 more answers
Assume that the uncovered interest parity condition holds. Also assume that the U.S. interest rate is greater than the U.K. inte
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Answer:

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Explanation:

Considering the assumption that the uncovered interest parity condition holds and also that the interest rate in the U.S is greater than the U.K interest rate.

The above assumptions imply that there will be a depreciation in the dollar and an appreciation in the pound.

Therefore, investors would expect the pound to appreciate.

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3 years ago
2 annual dividend on its common stock. The dividend is expected to increase at 6% per year indefinitely. If the required rate of
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Solution:

Given,

R= 16%

g= 8%

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D1= 2.16

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A value stock is a lower price protection exchange that can otherwise be implied by the performance of the company.

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2 years ago
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