Asking the wrong person lol
B) Experimental Exercises
Answer:
This is an actual court case where the Supreme Court of Rhode Island ruled in favor of Cox Communications in February, 2014.
The court ruled that Ovalles was an employee for M&M, and that M&M had an independent contractor relationship with Cox Communications. Additionally, Ovalles was also an independent contractor for M&M, not an employee. There existed no direct relationnship between Cox and Ovalles.
Even though Ovalles and other independent contractors use both Cox's and M&M's logos on their vans and uniforms, this was done so consumers could identify them. The fact that an identification is needed so customers can determine the function of a technician, doesn't imply that those technicians are actually employees of the firm nor they actually a method of control over the technicians.
Since Cox didn't control the performance of Ovalles and didn't have contact with him, then there was no reason to consider him an employee of Cox.
The plaintiff, Barbara Cayer probably made a mistake when it included Cox in the lawsuit (since it is a large company), and she would have had a better case against M&M because that company did have control over Ovalles's performance and did have contact with him. But since M&M was a much smaller firm, they decided to go after the big fish. Later they tried to include M&M into the lawsuit but it was rejected since the Supreme Court had not made their ruling yet.
Answer:
a. U.S Treasury bills.
b. Commercial paper.
c. Money market mutual funds.
Explanation:
A Treasury Bill can be regarded as short-term debt obligation of U.S. government, This is is usually fully supported by Treasury Department, it's maturity is within one year or one year. T- billls is usually offer for sold at
$1,000, and can reach as high as $5 million.
Commercial paper can be regarded as
money-market security which is usually issued by large corporations so that funds can be obtained to cater for
short-term debt obligations that arises.
money market fund can be regarded as open-ended mutual fund which is been invested on short-term debt securities. This debt securities could be
US Treasury bills as well as commercial paper.
Answer:
$1,500,000
Explanation:
in order for the insurance company to pay for all the damages, you should have purchased a policy that covered $4,000,000 in damages. Since the policy only covers $3,000,000, the insurance company will pay:
($3,000,000 / $4,000,000) x $2,000,000 (loss) = 0.75 x $2,000,000 = $1,500,000