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Kaylis [27]
3 years ago
10

Courts will occasionally determine in a the course of a lawsuit against a corporation that the usual limited liability protectio

ns for shareholders will be set aside, imposing liability on individual shareholders or entities that exist behind the corporation. This is called _____.
Business
1 answer:
pishuonlain [190]3 years ago
8 0

Answer: b. piercing the corporate veil.

Explanation:

Normally, corporations have limited liability which means that the assets of the shareholders are separate from that of the company and should the company go bankrupt for instance, the assets of the shareholders would be safe and only that of the company could be liquidated.

Sometimes however, the courts can remove this limited liability protection which would enable the assets of the shareholders to be targeted in what is known as "piercing the corporate veil".

There are several reasons this can happen for instance:

  • Fraud by the owners
  • Failure to follow formal corporate rules
  • Inadequate capitalization of the company
  • Use of company assets as private assets.
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The WCU maintenance department used 850 brackets during the course of a year. The brackets are purchased from a supplier in Ashe
Finger [1]

Answer:

a. 166 units should be ordererd of brackets

b. They have when they should place a new order with the supplier 10 brackets

Explanation:

According to the given data we have the following:

Annual Demand= 850 brackets

Buying cost=$10

carrying cost=13%×$10=$1.30

ordering cost per order=$21

a. To calculate how many brackets should be ordered when WCU places an order with their supplier we have to calculate the EOQ as follows:

EOQ=√<u>2AO</u>

              C

EOQ=√<u>2×850×21</u>

               1-30

EOQ=166 Units

166 units should be ordererd of brackets

b. To calculate how many brackets do they have when they should place a new order with the supplier we would habe to make the following calculation:

Reorder point=<u>Annual Demand     </u>    ×  lead time

                        working days in year

Reorder point=<u>850  × </u>  3

                         250

=10 brackets

They have when they should place a new order with the supplier 10 brackets

8 0
3 years ago
Which of the following acronyms identifies the Big Five personality dimensions
Burka [1]
The answer will be CANOE. Hope this helps:)
3 0
3 years ago
What did the Supreme Court rule in Burwell v. Hobby Lobby with regard to the Affordable Care Act's requirement that family-owned
Delicious77 [7]

The thing which the Supreme Court ruled in <em>Burwell v. Hobby Lobby </em>with regard to the Affordable Care Act's requirement was:

  • Birth control could be denied

<h3>What is a Court Ruling?</h3>

This refers to the general decision which a competent law court has taken after deliberations of the evidence, witnesses and other available information of a case to the best determination of the judge.

With this in mind, we can see that from the Burwell v. Hobby Lobby case, there was a ruling against birth control access which meant that birth control could be denied to employees and this was with regard to the Affordable Care Act's requirement.

Read more about court rulings here:
brainly.com/question/17040608

3 0
2 years ago
arn​ Basket, Ltd., sells​ hand-knit scarves. Each scarf sells for​ $40. The company pays​ $150 to rent a vending space for one d
spayn [35]

Answer:

The total revenue needed to break even is $206.90 per day

Explanation:

The break even point of revenue is the total revenue earned by the firm where total revenue equals total cost and there is no profit or no loss. The break even in dollars can be calculated using the following formula,

Break even in dollars = Fixed cost / Contribution margin ratio

Contribution margin ratio = (Selling price per unit - variable cost per unit) / Selling price per unit

Contribution margin ratio = (40 - 11) / 40 = 0.725 or 72.50%

The fixed cost per day is the cost of the vending space of $150.

Break even in dollars = 150 / 0.725   = $206.896 rounded off to $206.90

8 0
3 years ago
You could borrow money from friends and family who would like to invest in your business, or you could offer them ________. equi
kolezko [41]
The answer is equity.
4 0
3 years ago
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