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lions [1.4K]
3 years ago
10

Destiny and Enzo engage in a business transaction for the creation and baking of a cake and other pastries and desserts for Dest

iny's wedding dinner and reception. When a dispute arises, Destiny initiates a lawsuit against Enzo by filing a complaint.If Enzo files a motion to dismiss,he is asserting that _________.a. Destiny did not state a claim for which relief can be granted.
b. Destiny's statement of the facts is not true.
c. Destiny's statement of the law is not true.
d. Enzo suffered greater harm than Destiny.
Business
2 answers:
myrzilka [38]3 years ago
8 0

Answer:

The correct answer is a. Destiny did not state a claim for which relief can be granted.

Explanation:

A motion to dismiss refers to a request submitted to a judge by the accused in order to request the dismissal of the plaintiff under considerations based on the events that occurred. It is a way of pleading from an accusation, in which the defendant has the right to present his own version. The judge must evaluate to determine if it is appropriate or not.

klemol [59]3 years ago
4 0

Answer:

Destiny did not state a claim for which relief can be granted ( A )

Explanation:

Enzo can file a motion to dismiss when Destiny did not state claim for which relief can be granted when entering into the business transaction.

One can File a motion to dismiss in the court of competent Jurisdiction handling a matter for some reasons like : like of personal jurisdiction, lack of subject matter jurisdiction and also failure to state a claim for which relief can be granted. the main purpose of filing a motion to dismiss is to stop a lawsuit against the accused and when a judge rules in favor of the motion the lawsuit is discontinued

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c

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A business will construct its financial statements in a particular order because they are interrelated. This means that items fo
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7 0
4 years ago
You own a stock portfolio invested 20 percent in Stock Q, 30 percent in Stock R, 15 percent in Stock S, and 35 percent in Stock
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Answer:

Portfolio Beta = 1.333

Explanation:

The portfolio beta is the function of the weighted average of the individual stock betas that form up the portfolio. The beta is the measure of the responsiveness of the stock in comparison  with the market for any change happening in the market or due to systematic risk. We can calculate the portfolio beta as follows,

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Where,

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7 0
3 years ago
Red Sox Corporation wants to purchase a new machine for $350,000. Management predicts that the machine can produce sales of $205
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Answer:

The payback period for the new machine is 3.5 years.

Explanation:

Pay Back Period: The pay back period shows that period in which the borrower has to repay the borrowed amount taken by the financial institution.

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Payback Period = Initial Investment ÷ Annual cash inflows

where initials investment is $350,000 given

And, the annual cash flows is to computed which is shown below:

= Sales - all expenses - Depreciation - tax rate + depreciation

where,

Sales - all expenses - Depreciation = Net income before tax

Net income before tax - tax rate = Net income after tax

Net income after tax +  depreciation = Annual cash inflows

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Depreciation = $350,000 ÷ 5 = $ 70,000

$205,000 - $85,000 - $70,000  = Net income before tax = $50,000

$40,000 - 35% = Net income after tax = $32,500

$32500 + $ 70,000 = Annual cash inflows = $102,500

Since the depreciation is non cash expense, so it is added back.

Now Payback period = Initial Investment ÷ Annual cash inflows

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Thus, the payback period for the new machine is 3.5 years.

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