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umka2103 [35]
3 years ago
7

Batman parked the Batmobile himself and kept the bat keys. There was no attendant at the lot. Two hours later, Batman left the r

estaurant and was heading back to the parking lot when he saw Wonder Woman. They started talking about the upcoming Hall of Justice party. Thirty minutes later, Batman went to the parking lot and discovered that his Batmobile had been stolen. Batman sued Penguin Parking Lot on the theory that it had breached its duty as a bailee.
Required:
Was there a bailment?
Business
1 answer:
kupik [55]3 years ago
5 0

Answer:

First of all, there was no attendant in the parking lot when batman arrived, meaning that he did not hand the keys. Batman kept the leys to himself all the time, so there is no transfer of possession. Without a valid transfer of possession, bailment cannot exist.  Whether Batman ate at the restaurant or spent time talking to Wonder Woman do not change the facts that the safety of his Batmobile was his responsibility only.

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Answer:

Explanation:

First, write down Total fixed cost for each;

Fixed cost; Saab = $1,000,000,000

Fixed cost; Volvo = $1,000,000,000

Next find the Total Variable cost (TVC)

TVC = # of cars per year * marginal cost per car

Saab ; TVC = 50,000* $10,000 = $500,000,000

Volvo ; TVC = 200,000* $10,000 = $2,000,000,000

Average production cost = (Fixed cost + total variable cost) / # of cars per year

Saab = ($1,000,000,000 + $500,000,000)/ 50,000 = $30,000

Volvo = ($1,000,000,000 + $2,000,000,000)/ 200,000 = $15,000

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3 years ago
For example, an increase in the money supply, a variable, will cause the price level, a variable, to increase but will have no l
Inga [223]

Answer:

nominal, real, & the classical dichotomy

Explanation:

A nominal variable is a value whose values are non-numeric for example gender. It is calculated based on the current – year prices.

In other words, nominal value is calculated in monetary terms, whereas real value is measured on the basis of goods or services

A real variable is a variable whose values are numeric. It is measured based on the currency of the base year.

The distinction between real variables and nominal variables is known as <u>nominal, real, & the classical dichotomy</u>.

The Classical Dichotomy is based on the assumption that states that in the long run, the nominal economy and the real economy are completely separated from each other. In the long run, nominal prices have no impacts on real variables.

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3 years ago
One observation we made this week was that consumer surplus is maximized at a price of zero. We also learned that this is imprac
scZoUnD [109]

Answer:

The description of the given problem is described in the below explanation segment.

Explanation:

A supply as well as the demand-based economy with hardly any government regulation whilst general populace provisioning is fully controlled by the government, which would be aimed at satisfying person's welfare programs, is considered as the free market.

For commodities like the slightly elevated internet, we support free market rather than governmental provision for the aforementioned purposes:

  • In something like a free market system, buyers decide the final success or failure of the items.
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Answer:

It is true because the mayor will be able to divide successfully the burden of the tax equally if the demand for labor and supply of labor are similarly elastic.

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If the labor demand curve is elastic, a little reduction in the compensation will be adequate to build the amount of labor requested to assimilate the expanded inventory. In either case, the harmony will be reestablished with a little change in the pay.

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Jax is reading an informational text that uses words and phrases like as a result of, due to, and consequently. what type of inf
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Jax is reading an informational text that uses words and phrases like as a result of, due to, and consequently. Jax is reading about the conjunction.

<h3>What is Conjunction?</h3>
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To know more about conjunction with the given link

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