Answer:
The answer is: Compensatory damages
Explanation:
Compensatory damages refers to money awarded to a plaintiff in a civil case (in this case Cooper's Brakes) to compensate for incurred losses (or injuries, etc. in other cases). The plaintiff has to prove that the losses he suffered were caused by negligence or unlawful conduct of the defendant (Byron's Service). The plaintiff has to be able to quantify (in monetary terms) the damages it suffered.
Answer:
price fixing
Explanation:
The collusion occurs when firms agree to collaborate in a way that disrupt markets such as fixing prices above the actual price to alter the equilibrium of the market
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
PV= $7,800
Regency Bank:
i= 0.5 percent per month
n= 19*12= 228
King Bank:
i= 6 percent annually
n=19
To calculate the final value of each bank we need to use the following formula:
FV= PV*(1+i)^n
Regency bank:
FV= 7,800*(1+0.005)^228= $24,319.61
King bank:
FV= 7,800*(1.06)^19= $23,599.68
<span>A business becoming incorporated is an example of risk management.</span>
When a business becomes incorporated it is trying to protect the assets of the company. By assessing and making a risk management decision to become incorporated they are protecting themselves and the company as a whole.