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Nesterboy [21]
3 years ago
6

The plaintiff was driving inattentively when she had to swerve to avoid two other negligently driven vehicles at a busy intersec

tion, and her car struck a light pole. The plaintiff, who was the only driver injured, sued one of the other drivers to recover damages in a jurisdiction that has adopted pure comparative negligence. The jury determined that she suffered injuries of $100,000 and was 50% at fault. If the plaintiff is awarded a recovery of only $25,000 from the defendant, what will be the most likely reason
Business
1 answer:
mash [69]3 years ago
7 0

Answer: The jurisdiction has abolished joint and several liability.

Explanation:

Following the information given in the question, if the plaintiff is awarded a recovery of only $25,000 from the defendant, then the most likely reason will be that the jurisdiction has abolished joint and several liability.

It should be noted that under joint and several liability, the plantiff would have been awarded $50000 as each tortfeasor will be liable to the price of the damage that was incurred, hence the plantiff will get $50000 but in this case $25000 is given because the joint and several liability has been abolished by the jurisdiction.

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Mott Company's sales mix is 3 units of A, 2 units of B, and 1 unit of C. Selling prices for each product are $37, $47, and $57,
bagirrra123 [75]

Answer:

6,000 composite units

Explanation:

                                                 A    B     C      Total

Selling price per unit              37   47    57  

Less: Variable cost per unit   <u>30</u>   <u>31</u>     <u>34</u>

CM per unit                              7     16     23  

Sales mix                                  <u>3</u>     <u>2</u>       <u>1</u>

CM per sales mix                    <u>21</u>    <u>32</u>    <u>23</u>    76

Break even in composite unit = Fixed cost / CM per sales mix

Break even in composite unit = $456,000 / 76

Break even in composite unit = 6,000

7 0
3 years ago
Fiscal stimulus to aid recovery from a recession will be most effective in the long run if______________ it can be reversed as t
12345 [234]

Answer:

it can be reversed as the business cycle approaches the next peak.

Explanation:

The government should do as Josua stated millenia ago:

save in the seven good years to spend in the seven bad years.

The fiscal stimulus is good when there is no crowingout effect that is, the use of resource from the government do not compite with private demand. hat is true in recession. But; it is precisely what occurs at peak or near full employement. In that scenario the government should decrease their stimulus to aggregate demadn as will only be inflationary

3 0
4 years ago
All checks shown in your check register but not on the bank account statement are called _______
Mama L [17]
The answer is outstanding checks.
7 0
4 years ago
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Mountain Gear has been using the same machines to make its name brand clothing for the last five years. A cost efficiency consul
wariber [46]

Answer:

C. The company will be $33,000 better off over the 5-year period if it replaces the old equipment.

Explanation:

keep old machine:

operating expenses = $46,000 x 5 = $230,000

new machine:

purchase cost $260,000 - $28,000 = $232,000

operating expenses = $19,000 x 5 = $95,000

increase in revenue $26,000 x 5 = $130,000

if new machine is purchased, operating costs decrease by $135,000, revenues increase by $130,000, but investment outflows increase by $232,000 ⇒ $135,000 + $130,000 - $232,000 = $33,000

5 0
3 years ago
Scott and andy empowering view of management is most closely related to which management theory?
GREYUIT [131]

Answer:

Human Relations Theories

Explanation:

Human relations believe that the human resources that a company own is the biggest factor that determine whether a company will fail or succeed.

This theory stated that if the employees feel empowered, they will constantly make an effort to improve themselves by gaining new skills and contribute it tot he company. This will increase their productivity in the long run. As the employees become more productive, the profit that the company get increase along with it.

8 0
4 years ago
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