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olya-2409 [2.1K]
3 years ago
13

Faylene underwent heart surgery that included, among other measures, the implantation of a pacemaker in her chest. Faylene later

alleged that the surgeon's negligence resulted in a serious infection. Faylene's insurance company stated that the Uniform Commercial Code (UCC) governed the dispute because at issue was a contract for a pacemaker, which is a good. The hospital responded that the claim was based on a contract for a surgery, which is a service, and was therefore covered by the common law. What result is most likely?
Business
1 answer:
Bumek [7]3 years ago
4 0

Answer: The court will apply the predominant purpose test and will probably hold that this was a contract for a service.

Explanation:

Any agreement written in a contract which binds two parties are usually followed strictly. Whatever is written in the contract cannot be changed or influenced in the court room because it would have been believed that both parties went through the contract terms before signing it. Even though one party wants to challenge it in court it would hold no water for a challenge.

The case between Faylene and the hospital was signed in a contract for a peacemaker surgery, the effects of it and being taken to court would yield no effect since it's what Faylene wanted and entered agreement into.

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During July, the equivalent units of direct materials added to the product worked on by Department A amounted to a total of 90,0
dybincka [34]

Answer:

Cost of ending inventory =$15,000

Explanation:

Given:

Direct material = 90,000

beginning Inventory = 20,000  

Completed Inventory = 60,000  

Ending Inventory = 10,000

Total cost of direct materials = $135,000  

Computation:

Cost of ending inventory = Ending Inventory × Per Item cost

Cost of ending inventory = 10,000 × $1.50

Cost of ending inventory =$15,000

Working Note:

Cost per unit = Cost of direct materials / Units in direct materials

Cost per unit = $135,000 / 90,000

Cost per unit = $1.50

7 0
3 years ago
It appears that kkr is willing to pay a lot more for rjr than the market value of rjr before the takeover contest. what are the
erastova [34]

The justification was that the superior financing of the KKR bid would require less gutting of the company to pay off debts

<h3>What is debts?</h3>

Debt is an obligation that requires one party, the debtor, to pay another party, the creditor, money or other agreed-upon value. Debt is a delayed payment or series of payments that differs from an immediate purchase.

Student loans, mortgages, and business loans are examples of "good" debt, which is defined as money owed for things that can help build wealth or increase income over time. "Bad" debt is defined as credit card or other consumer debt that does little to improve your financial situation. These are exaggerations.

In accounting, debt is classified as a liability. Debt can refer to a variety of different numbers on the balance sheet, ranging from wages payable to tax payable.

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In the early days of it, the cio would report to the ____ as it was seen as a way to control costs. as technology has become mor
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<span>In the early days of it, the cio would report to the ____ as it was seen as a way to control costs. as technology has become more strategic and able to deliver a competitive advantage, cios now report directly to the ____.</span><span>


CFO; CEO</span>
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The minimum number of training days per week for gaining strength is:
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At least 3 days per week with sufficient reps and sets.
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A company had net income of $40,000, net sales of $300,000, and average total assets of $200,000. Its profit margin and total as
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A company had net income of $40,000, net sales of $300,000, and average total assets of $200,000. The profit margin and total asset turnover ratio are 13.3% each. 1.5.

There are two methods that can be used to calculate return on assets. The first method is to divide the company's net income by its average total assets. The second method is to multiply the company's net profit margin by sales.

Return on assets is calculated by dividing a company's after-tax earnings by total assets. The balance sheet total corresponds to the company's total equity and liabilities. This value can be found on the company's balance sheet.

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