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Bezzdna [24]
3 years ago
12

Question 8

Business
1 answer:
Scrat [10]3 years ago
6 0

New Jersey has jurisdiction over A-Rod's company because the "Mighty Moe was born in Jersey City."

This is based on the idea that State Court has general or broad jurisdiction over any legal issues except those not allowed by the state law, which is then directed to the Federal court.

In this case, given the available options, the state of New Jersey has jurisdiction over A-Rod's company because the "Mighty Moe was born in Jersey City."

Generally, a state court has general jurisdiction over any legal issues involving citizens from that particular state or company conducting business in that state.

Thus, another reason New Jersey has jurisdiction over A-Rod's company is that the company conducts its business in the state.

Hence, in this case, it is concluded that the correct answer is option C. "Mighty Moe was born in Jersey City."

Learn more here: brainly.com/question/19581785

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An investor purchases a 30% interest in an investee company, and the investor concludes that it can exert significant influence
love history [14]
This is the answer I hope it helps you

3 0
4 years ago
The procedure that best discourages the resubmission of vendor invoices after they have been paid is
Katena32 [7]

Answer:

The cancellation of vouchers by treasurer personnel

Explanation:

When a business uses vendors for some of its service needs there is the possibility of paying vendors twice for the same service of invoice is submitted twice.

The treasurer is the person that disbursed funds to vendors for services rendered. He is tasked with cross checking if payments are duplicated.

To avoid this it is best to have the treasurer personnel cancel vouchers that have been paid.

This will provide an effective check on duplicate payments.

4 0
3 years ago
A profit center is evaluated by the rate of return earned on the investment allocated to the center. referred to as a loss cente
aliina [53]

Answer:

a responsibility center that incurs costs and generates revenues.

Explanation:

We know that

The profit = Sales revenue - cost

After selling the product and incurred expenses, the amount which is left is shown as a profit. The remaining amount is termed as a profit that a firm has earned during a particular year.

It is the responsibility center at which we know about the total cost incurred and total revenues earned so that it becomes easy to compute how much the firm has earned the profit in a year.

6 0
3 years ago
Trevor Price bought 10-year bonds issued by Harvest Foods fi ve years ago for $936.05. Th e bonds make semiannual coupon payment
balu736 [363]

Answer: 11.14%

Explanation:

Buying price of bond = $936.05 -PV

Years investment held = n= 5*2

Rate of the Coupon = C = 8.4%

Frequency of payment = m= 2

Annual coupon = $1,000 × (0.084/2) = $42

Realized yield = i

Selling price of bond = PB = $1,048.77 = FV

Enter N= 10, PMT = $42, PV= -$936.05$, FV = 1,048.77

Answer 5.425%

The effective annual yield can be computed as:

EAY = (1+ Quoted m)^m -1

= (1+0.054)^2 - 1

=(1.054)^2- 1

=0.1114= 11.14

5 0
3 years ago
FedEx Corporation (FDX) had the following revenue and expense account balances (in millions) for a recent year ending May 31:
suter [353]

Answer and Explanation:

The preparation of the income statement is presented below:

Revenue $26,300

Expenses:  

Depreciation expense $985  

Fuel expense $3,438

Maintenance and repairs expense $1,675

Other expense(income) net $5,319

Provision for Income taxes $857

Purchased Transportation $1,281

Rentals and Landing fees $1,862

Salaries and Employee benefits $9,387  

Net income $1,496

4 0
3 years ago
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