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nalin [4]
4 years ago
13

On Tuesday, Smokey had taken off his watch, which he had found laying on top of a trash can at the curbside, and placed it on th

e counter. Several days later, Smokey decided to invite some friends over to play cards. Bandit, Jim, Rob, and Carl came over for the event. Bandit noticed the watch sitting on the counter, and when no one was around he took it. The next day, Bandit sold the watch to Enos for $350. Enos later sold the watch to Rick for $430. When Rick met Smokey later that night for the football game, Smokey realized that Rick had his watch and demanded its return. Rick refused, claiming it was his because he had paid Rick for it. Who owns the watch?
Business
1 answer:
Sedbober [7]4 years ago
4 0

Answer:

<em>Rick owned the watch.</em>

Explanation:

In the scenario given above between Smokey and his group of friends, it is a complicated situation. Initially, Smokey owes the watch but it was stolen by his friend in his house. His friend ended selling it to other person which finally ended up being paid for by Rick after it has exchanged so many hands.

<em>Since Rick had a valid transaction where he paid for a goods for a certain amount of money, it would be validly recognized as the owner of the watch.</em>

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After owning a Maplewood Company bond for five years, Michelle exercised an option that allowed her to exchange her bond for 20
Ipatiy [6.2K]

Answer: B. convertible bond.

Explanation:

A Convertible bond is as the name implies, a fixed income asset. However, it also has a hybrid function in that it can be converted into shares or equity in the company that issued the bond.

In the agreement, when this can be done is up to the bondholder but there might be only specific times in which they can convert the bond. As a result of its ability to be convertible to stock, the price of this bond is quite susceptible to interest rate changes as well as the price of the stock that it can be converted into. If for instance interest rates fall or the stock price rises, these are both incentives to convert the bonds to stock.

Michelle was able to exchange her bond for shares so what she owned was a convertible bond.

7 0
3 years ago
Why do businesses take financial cost into account other than social cost when making decisions.
deff fn [24]

The correct answer to this open question is the following.

Although there are no options attached we can say the following.

Why do businesses take financial costs into account other than social costs when making decisions.?

The reason why is because businesses are created to make profits. And financial costs directly impact sales, revenue, and profits. Any other consideration that does not directly affect the balance sheet or the bottom line, is not considered a priority and takes the back seat when business decisions are made.

On the other hand, the social cost should be important and it is, but not as important as the financial costs for the above-mentioned reasons.

Social costs are more on the side of the ethics of the managers or leaders of the organizations. And ethics and moral values are not a prominent thing to be considered in the decision-making process of modern corporations.

7 0
3 years ago
What is a cloture in filibuster?
astraxan [27]

The first filibusters also gave rise to the first requests for "cloture," a procedure for concluding debate and putting a matter to a vote.

Does cloture equate to filibustering?

In that same year, the Senate passed a rule that established the "cloture" process, which allows a 2 different majority to break a filibuster. In 1975, the Senate changed the threshold for cloture votes from 2 of senators present and voting to 3 of all senators present and voting, or 60 of a 100 senators.

What does the phrase "filibuster" actually mean?

There is a lengthy history of using the delay to postpone discussion or stop legislation. In the 1850s, the word "filibuster," which comes from the a Dutch word that means "pirate," gained popularity in America.

To know more about filibuster visit:

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7 0
1 year ago
According to the situational leadership theory, if employees are unwilling and unable, the appropriate leadership style in this
Yuri [45]

Answer:

directive

Explanation:

Directive leadership is a form of leadership, often employed by managers or supervisors in mostly a situation whereby the task to be carried out or done is intricate or difficult and the employees assigned to it, are unwilling and unable. This style of leadership is considered the most appropriate or effective according to situational leadership theory.

Hence, the correct answer in this situation is DIRECTIVE.

8 0
3 years ago
Would it have been better for Ms. Torti to argue that she was providing medical treatment and have the court deal with the issue
Tpy6a [65]

Answer: No, it would not be a better idea

Explanation:

If Ms. Torti argued that she was providing medical assistance, then the Law would protect Ms. Torti’s immunity. But, had the questioned would have arose if Ms. Torti was medically trained or she was aware that it needs medically trained personnel to provide such care at a scene of emergency. This would be a direct attack on the defendant’s cause. I do not think that it would have been a better idea.

8 0
4 years ago
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