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omeli [17]
2 years ago
10

Please give a complete answer to all questions, citing the legal principle to support your answer.

Business
1 answer:
Alex Ar [27]2 years ago
5 0

1. In the criminal justice system, John can temporarily put Jack in custody pending the arrival of the police.  Jack was not detained for a period longer than five minutes and not for a civil wrong.

Thus, in this lawsuit for the tort of unlawful imprisonment, Jack will lose because he committed a crime.  He cannot apply a civil law to a criminal case.

2. Adriana is correct that her personal assets cannot be reached in this lawsuit brought by the shareholders of DEF, Inc. because SLA Accountants, LLP is a limited liability partnership and not just an ordinary partnership.

A limited liability partnership, like a limited liability company, offers members limited liability.  However, the shareholders of DEF, Inc. may decide to sue Adriana personally.

3. Andrew is wrong because the car handed over by Sam was not a completed inter-vivos gift. The transfer was not absolute but conditional upon Sam not returning from the Middle East.

As a conditional transfer of gift, the vesting of the ownership interest created by the transfer depends on the fulfillment of a condition.

Thus, since the transfer condition did not materialize, Andrew should return the car to Sam in good faith.

Learn more about inter vivos gifts and limited liability partnerships here brainly.com/question/14767795 and brainly.com/question/1166757

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What is the basic purpose of the consumer price index (CPI)? A. to track monthly changes in prices paid by urban consumers B. to
Elina [12.6K]

Answer:

A). to track monthly changes in prices paid by urban consumers.

Explanation:

CPI(Consumer Price Index) is characterized as 'a statistical estimate of the price level of goods and services bought by consumers for consumption purposes by the households.' It primarily aims to estimate the change or swap in the prices of the weighted average price of the common basket(consumption goods, as well as, services that the consumers pay for). It is calculated using the formula;

CPI_{t}  = \frac{C_{t} }{C_{0} } * 100

where,

CPI_{t} = current Consumer Price Index

C_{t} = Current price basket

C_{0} = Cost of price basket in the base year

It assists in deducing whether the average prices have received a fall or rise and determines inflation or deflation. Thus, <u>option A</u> is the correct answer.

6 0
3 years ago
The top management of a cereal manufacturing company wants to change the packaging of their products and appeal to attract a you
dimaraw [331]
<span>The nominal group technique which is a group process involving problem identification, solution generation, and decision making. Its uses are in groups of many sizes, who want to make their decision quickly, as by a vote, but want everyone's opinions taken into account</span>
5 0
3 years ago
The Oklahoma City Zoo has proposed adding to their Web site a major segment providing a virtual tour of the grounds and animals,
motikmotik

Answer:

The Oklahoma City Zoo

A. What is the B/C ratio?

The B/C ratio is the benefit/cost ratio.

B. What is the B-C?

The benefits = $63,000 (90,000 x $0.70)  in the first year

Additional visits = 27,500 x 9 = 247,500

Additional benefits = $173,250 (247,500 x $0.70)

Total benefits = $236,250

The costs =

Initial cost = $305,000

Upkeep, etc = $800,000 ($80,000 x 10 years)

Less salvage value = $63,000

Interest cost = $213,500 (7% of $305,000 x 10 years)

Total costs = $1,255,500

B/C ratio = $236,250/1,255,500 x 100 = 19% approx.

Explanation:

The B/C or Benefit/Cost Ratio is a financial measure that compares the benefits of a project with the costs associated with the project.  It attempts to show how the benefits will outweigh the costs.

The benefits that will accrue from the project when compared to the costs will be 19%.  This implies that less benefit will be derived from the project.

7 0
3 years ago
The following equations describe the supply and demand for crude oil in the United States in the mid-1980s: (Quantity supplied =
irina [24]

Answer: The equilibrium price is $68, Quantity 32 million barrel, The quantity to import is 53 million barrel

Explanation:

Given that D = -2 + (1/2)P, S = 15 - (1/4)P

At equilibrium Qd = Qs

-2 + (1/2)P = 15 - (1/4)P

Change 1/2 P and 1/4 P to decimal we have 0.5, and 0.25 respectively

Collect like terms

-2 -15 = 0.25P - 0.5P

17 = 0.25P

Divide both sides by P

17/0.25 = 0.25P /0.25

68 = P

P = 68

Substitute the value of P into equation 1 and 2 determine the value of Q

-2 + 0.5 (68)

-2 + 34

= 32

15 - 0.25 (68)

15 + 17

= 32

To determine the quantity to import when world price is $11.00 per barrel ,substitute the value into equation 1

-2 + 0.5 (11)

-2 + 55

= 53

Therefore quantity to import is 53 millions barrel

6 0
3 years ago
ABC, Inc., has $120,000 U.S.-source income, $80,000 of foreign source income, and $25,000 foreign taxes deemed paid. Assume that
Damm [24]

Answer:

B) $24,500

Explanation:

ABC's foreign tax credit should be $25,000, but there is a foreign tax credit limitation that it cannot exceed, that limitation would be:

[foreign income / (domestic income + foreign income)] x domestic tax liability

= [$80,000 / ($120,000 + $80,000)] x $61,250 = $24,500

Since $24,500 is lower than $25,000, then you have to take $24,500

6 0
3 years ago
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