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Vlad [161]
3 years ago
7

Fred sued Document Security Company, alleging he had suffered injuries to his hands as a result of attempting to fix a jam in on

e of Document Security’s paper shredders. Fred alleged the shredder was defective because it failed to contain warnings regarding the dangers to fingers and hands while attempting to fix jams. In order to succeed, Fred will have to show
Business
1 answer:
babunello [35]3 years ago
3 0

Answer: potential of avoidance of risk

       

Explanation: In the given case, Fred need to show to the court that the foreseeable risk could be avoided or reduced on the part of company. Fred can point that no instructions or warnings were given by the company on the use of the shredder.

Thus, if Fred manages to prove that he got injured due to carelessness ogf the company then he can definitely succeed.

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You are in talks to settle a potential lawsuit. The defendant has offered to make annual payments of $28,000, $32,000, $66,000,
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Answer:

$202,137.90  

Explanation:

Year Annual payment Discount factor  Present value  

1 $28,000          0.965250965 $27,027.03  

2 $32,000          0.931709426         $29,814.70  

3 $66,000          0.899333423         $59,356.01  

4 $99,000          0.868082454 $85,940.16

Total present value                                         $202,137.90  

The discount factor should be computed by  

= 1 ÷ (1 + interest rate)^years  

where,  

rate is 3.6%  

Year = 0,1,2,3,4 and so on  

6 0
3 years ago
Suppose two economists are debating a tax reform bill. Both economists agree that the bill would increase the after-tax income o
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Answer:

d) Differences in values.

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2 years ago
Broze Company makes four products in a single facility. These products have the following unit product costs: Products A B C D D
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Omg that's lot sorry I don't know

4 0
2 years ago
Herman Company has three products in its ending inventory. Specific per unit data at the end of the year for each of the product
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Answer and Explanation:

Given:

                                 Product 1      Product 2         Product 3

Cost of product         $20                 $90                 $50

Selling price              $40                 $120                $70

Selling cost                $6                    $40                 $10

Computation:

                                          Product 1      Product 2         Product 3

Product Cost                         $20                 $90                 $50

N.R.V                              ($40-$6)=$34  ($120-$40)=$80  ($70-$10)=$60

Per Unit Inventory Value      $20                 $90                 $50

4 0
3 years ago
Future changes in automobile technology are likely to include
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