Answer:
$80,000
Explanation:
Given:
Frank's fault = 80%
Fran's fault = 20%
Total loss of Fran = $100,000
Now, the state follows the comparative negligence
thus,
The Fran will recover the amount = Frank's fault in the total loss of Fran
Thus,
The Fran will recover = 80% of the total loss
or
The Fran will recover = 0.80 × $100,000
or
The Fran will recover = $80,000
Answer:
Sales tax = 5% x 32340 = $1,616
Tina's sales for the month = $32,340 - $1,616 = $30,724
The correct option is D
Explanation: Since the total receipts include sales tax of 5%. We need to eliminate the sales tax from the total receipt so as to obtain Tina's sales for the month.
Answer:
$700,000
Explanation:
Although Theresa claimed $200,000 for damages, $300,000 for emotional harms and $500,000 in punitive damages, the final settlement was made at $700,000.
Hence, the gross income must include the amount which was actually used and received in settlement and this is $ 700,000.
Hope this Clear things up
Good Luck.
