Answers
TRUE. Employers may offer much of what employees have traditionally sought through union membership as a result of competition for scarce human resources. Workers who are members of a union typically earn more than their nonmembers.
Globalization, technological advancement, and employer concentration are frequently cited as key factors that are reducing union power and strengthening employers' bargaining power over workers.
Which HR approach is most in sync with labor unions?
Organizations that are implementing a Committed Expert HR strategy have the best relationship with unions. Because union workers are less productive, cost-conscious businesses cannot work with unions. Organizations that place an emphasis on an external labor strategy are compatible with labor unions.
Learn more about human resources here:
https://brainly.com/question/13190588
#SPJ4
Related Questions
Bonita Company borrowed $43,200 on November 1, 2020, by signing a $43,200, 9%, 3-month note.
Required:
Prepare Bonita’s November 1, 2020, entry; the December 31, 2020, annual adjusting entry; and the February 1, 2021, entry.
Answers
Answer and Explanation:
The journal entries are shown below:
On Nov 1
Cash $43,200
To Note payable $43,200
(Being the borrowed amount is recorded)
On Dec 31
Interest expense ($43,200 × 9%× 2 ÷ 12) $648
To Interest payable $648
(Being the interest expense is recorded)
On Feb 01
Interest expense ($43,200 × 9%× 1 ÷ 12) $324
Interest payable $648
Note payable $43,200
To Cash $44,172
(Being cash paid is recorded)
f Honduras is open to international trade in oranges without any restrictions, it will import
tons of oranges.
Suppose the Honduran government wants to reduce imports to exactly 100 tons of oranges to help domestic producers. A tariff of
$
per ton will achieve this.
A tariff set at this level would raise
$
in revenue for the Honduran government.
Answers
Suppose that Honduras is open to international trade in oranges without any restrictions, it will import an infinite amount of oranges. Therefore, the import of oranges can be limited through a tariff. The Honduran government wants to reduce imports to exactly 100 tons of oranges to help domestic producers.
A tariff of $720 per ton will achieve this. A tariff set at this level would raise $72,000 in revenue for the Honduran government.
Tariff: It is a tax imposed by a government on imported or exported goods. The main purpose of a tariff is to limit imports and protect domestic production and employment.
In this scenario, a tariff is imposed by the Honduran government to limit the import of oranges and help domestic producers. Therefore, if the tariff is set at $720 per ton, then it would reduce the imports of oranges to exactly 100 tons, which is the desired goal of the Honduran government.
Moreover, the tariff rate multiplied by the number of imports gives the amount of revenue raised by the Honduran government, which is $720 × 100 = $72,000. Thus, a tariff set at $720 per ton will raise $72,000 in revenue for the Honduran government.
For more questions on: international trade
https://brainly.com/question/14926566
#SPJ8
Sales made on account are recorded as ____ to the sales account.
A)orders
B)debits
C)payments
D)credits
Answers
Answer:
I have a strong feeling it has to be credit
If a corporate building has nine office suites that rents for $14,800 per month each, but suffers from a 14% vacancy rate and annual expenses of $21,100, what is the NOI of the building
Answers
Answer:
=$1,353, 524
Explanation:
NOI stands for net operating income
In this case, NOI will be calculated as follows
Rent per suit = $14,800
Number of suits 9
The monthly rent will be
=$14,800 x 9
=$133,200
Annual rent will be monthly rent x 12
= $133,200 x 12
=$1,598,400
Considering a 14 % vacancy rate, expected annual rent collection
=$1, 598,400 minus 14% of $1, 598,400 or 86% of $1, 598,400
= 86/100 x $1, 598,400
=$1,374,624
Adjusting for annual expenses
= $1,374,624 - $21,100
=$1,353, 524
If I buy 4 books and 1 pen. 4 books: $14.29, $14.29, $13.29, and $9.29. Pen: $5.29. And I gave $60.00. How much change do I get back?
(No need to add tax because for the 4 books and 1 pen already has tax added.)
Answers
the answer is seventeen
Production is an example of a marketing activity.
Question 1 options:
True
False
Answers
Robert became quite well-to-do as founder and president of Carlson Auto Paint and Supply, Inc. (CAPS). Now, he wants to start a permanent fund to support research directed toward improved sustainability of painted surfaces at his alma mater. He plans to contribute money now so that $200,000 per year can be withdrawn each year forever, beginning in year 7. If the fund earns interest at a rate of 8% per year, how much money must be donated now
Answers
Answer:
The answer is "1475,000".
Explanation:
Given:
\(n=6\ year \ \ \ \text{because it start with 7 beginning year} \\\\r=8\% = 0.08\\\\P= \$ 200,000\)
calculating the 6-year future value:
\(= \frac{\$200,000}{0.08} \\\\= \$2,500,000\)
Using formula:
\(\bold{PV=FV(1+r)^{-n}}\)
\(=\$2,500,000(1+0.08)^{-7} \\\\ =\$2,500,000(0.59)\\\\=\$1475,000\)
The change in technology and the globalization have brought new pattern of organizing
today's companies, and thus, the managers need to consider these new concepts in
organization's design process. With this statement, discuss the emerging issues in
organization design and architecture.
Answers
Following are the emerging issues in organization design and architecture:Technology and Globalization, Customer Relations,Technical Knowledge, Flexibility, Employee's Well-being.
Following are the emerging issues in organization design and architecture:
Technology and Globalization: The modern era's rapid technology and globalization have forced the organizations to adopt a new pattern of organizing. Managers are focusing more on technology and globalization and they are ensuring that the company can cope with the emerging challenges.Customer Relations: Customers are the major driving force in every business. To maintain the customer base, the managers need to focus on customer relations as the organization's design process should be centered around their needs. This will help the managers in creating a company that provides excellent customer service to its customers.Technical Knowledge: The success of an organization depends on the technical knowledge of its managers. Managers need to have knowledge about new and emerging technologies so that they can use them to enhance the organization's capabilities. In addition, managers need to know how to apply this technical knowledge to improve the organization's structure and operations.Flexibility: Flexibility is a crucial component in the organization's design process. The managers need to design the organization that is flexible enough to adapt to new changes and technologies. This will help the managers in keeping up with the rapidly changing business environment.Employee's Well-being: The well-being of employees is also a significant issue in the organization's design process. The managers need to design the organization in a way that the employees can work efficiently, and their personal needs are also met. This will help in improving the employee's productivity and motivation level and ensure their loyalty to the organization.For more such questions on Globalization
https://brainly.com/question/9761659
#SPJ8
7) Using a fictional product or service, create a simple business plan by
answering the three questions business owners must consider.
The three questions a business owners must consider are;
1 What good will be produced?
2 How should it be produced?
3 For whom should it be produced?
What good will you produce, or what service will you provide?
Answers
Answer:
i will make legos
It will be produced in a production facility in denmark
will be produced for all genders ages 5+
Explanation:
Using a fictional product, my simple business plan would be based on these economic theories that is what to produce, how to produce and for whom to produce.
What to produce – I will produce herbal hair shampoo.How to produce – I would use both labor intensive and machine incentive techniques equally for production.Whom to produce- The core niche would be the women aged between 15 to 60.What is a business plan?A business plan is a written strategy that outlines the objectives and strategies for accomplishing the objectives of the business. It describes a company's go-to-market strategy, financial forecasts, market analysis, corporate objectives, and mission statement. The business plan may also include a timeframe and information about key personnel who are in charge of reaching the objectives.
A business plan is a crucial document intended for both internal and external audiences of a company. For instance, before a business has built a solid track record, a business plan is utilized to entice investment. Securing financing from financial entities might also be beneficial.
A business plan serves three purposes: it explains the organization's strategy to execute it over the long term, obtains funding from investors, and aids in projecting future company demands.
What is an economic theory?An economic theory is a body of concepts and precepts that describes how various economies operate. An economist may use theories in many ways depending on their specific function. For instance, some theories seek to explain certain economic phenomena, such inflation or supply and demand, as well as the reasons behind them.
Economic theories seek to analyze the causes and effects of economic occurrences, as well as the optimal course of action for influencing or resolving them. They are an extensive set of presumptions, theories, definitions, and guidelines on what should be done in various economic circumstances. Positive and normative approaches to economic theory are the two main categories.
To learn more about Business plan, click here
https://brainly.com/question/15826604
#SPJ2
Explain the role of corporate in economic development of country.
Answers
Answer:
Economic Development
Explanation:
Small business as well as big companies are important drivers of economic growth and prosperity because they provide vital services, goods, and tax revenues that directly benefit the health of the community. Companies also provide opportunities and jobs, boosting the socioeconomic health of the communities where they are located.
Using the appropriate tool from the Accountant Tools menu, which 4 of the following can be batch reclassified in QuickBooks Online Accountant?
Answers
Using the appropriate tool from the Accountant Tools menu, the 4 options that can be batch reclassified in QuickBooks Online Accountant are options A, B, C and F:
ClassesCustomersProducts and ServicesAccountWhat is QuickBooks Online Accountant?In the above question, too batch reclassify these items, you can use the "Batch Reclassify Transactions" tool, which can be found under the Accountant Tools menu.
This tool allows you to select multiple transactions and reclassify them to a different account, class, customer, or product/service.
Therefore, Locations, tax codes, and suppliers cannot be batch reclassified using this tool. However, you can edit individual transactions to change their location, tax code, or supplier if necessary.
Learn more about QuickBooks Online from
https://brainly.com/question/24441347
#SPJ1
See full question below
Using the appropriate tool from the Accountant Tools menu, which 4 of the following can be batch reclassified in QuickBooks Online Accountant?
Classes
Customers
Products and Services
Locations
Tax Code
Account
Suppliers
The following income statements are provided for Li Company's last two years of operation: Year 1 Year 2 Number of units produced and sold 3,500 3,000 Sales revenue $ 101,500 $ 87,000 Cost of goods sold 68,000 60,000 Gross margin 33,500 27,000 General, selling, and administrative expenses 13,000 12,000 Net income $ 20,500 $ 15,000 Assuming that cost behavior did not change over the two-year period, what is the annual amount of the company's fixed manufacturing overhead
Answers
760000
Explanation:
trust the process
Answer this question in your own words:
What is an example of an input that changes in the short run, and one that doesn’t?
Answers
Labour is one of the examples of variable inputs which change in the short run, and one that doesn’t.
What is Variable Input?A variable input is one whose usage can be changed on the fly. A fixed input is one that cannot be changed in the short term. Plant size is usually fixed. Labor and raw materials typically fluctuate in the short term.It is a variable whose value affects the output.It is a variable input as input whose quantity can change during the period.A variable input is a resource or factor of production that can be changed in the short term when a firm seeks to change the amount of output produced. Most companies use some variable inputs, especially labor, material inputs, and energy in short-run production.Thus, Variable inputs are those that can be changed in the short term when a firm seeks to change the amount of output produced. An example of that is Labour and workers.
To know more about Variable input refers to:
https://brainly.com/question/13896920
#SPJ13
the task of stitching together a strategymultiple choice entails addressing a series of hows: how to grow the business, how to please customers, how to outcompete rivals, how to respond to changing market conditions, and how to achieve strategic and financial objectives.is primarily an exercise in deciding which of several freshly emerging market opportunities to pursue.is mainly an exercise that should be dictated by what is comfortable to management from a risk perspective and what is acceptable in terms of capital requirements. requires trying to copy the strategies of industry leaders as closely as possible.is mainly an exercise in good planning.
Answers
The work of putting everything together requires addressing a number of how's, including how to expand the business, how to satisfy clients, how to outperform competitors, how to react to shifting market conditions, and how to meet strategic and financial goals.
In the 1950s, the practice of annual budget planning gave way to strategic planning. In the 1960s, businesses had to expand their planning beyond an annual basis due to the quickly expanding demand, necessitating long-term planning. For instance, Rich cited long-term planning and commercial strategy in his textbook on the marketing of forest products. The future is foreseen in long-range planning by extrapolating historical growth.
Greater sophistication was required when the business environment underwent significant upheavals, such as the oil shocks of the 1970s. Strategic planning followed, when future predictions were no longer solely based on the past. With this new strategy, managers started searching for "vague indicators" or possibly significant developments that could affect their business.
To know more about business click here,
https://brainly.com/question/26106218
#SPJ4
Esposito, Inc. uses a just-in-time costing system. During the month, Esposito incurred $700,000 as direct labor and $8000 as overhead. Wages were not paid. Which of the following is the correct journal entry to record the conversion costs?A.Conversion Costs 708,000 Wages Payable 708,000B.Manufacturing Overhead 708,000 Conversion Costs 708,000C.Conversion Costs 708,000 Wages Payable, Accumulated Depreciation, etc. 708,000D.Conversion Costs 708,000 Accounts Payable 708,000
Answers
Answer:
C.Conversion Costs 708,000 Wages Payable, Accumulated Depreciation, etc. 708,000
Explanation:
The Journal entry is shown below:-
Conversion Costs Dr, 708,000
To Wages Payable, Accumulated Depreciation, etc. $708,000
(Being conversion costs is recorded)
Here to record the conversion costs we simply debited the conversion costs as it increased the expenses and we credited the Wages Payable, Accumulated Depreciation, etc. as it increased the liabilities and decreased the assets
From California to New York, legislative bodies across the United States are considering eliminating or reducing the surcharges that banks impose on noncustomers, who make $14 million in withdrawals from other banks' ATM machines. On average, noncustomers earn a wage of $24 per hour and pay ATM fees of $3.00 per transaction. It is estimated that banks would be willing to maintain services for 6 million transactions at $1.00 per transaction, while noncustomers would attempt to conduct 22 million transactions at that price. Estimates suggest that, for every 1 million gap between the desired and available transactions, a typical consumer will have to spend an extra minute traveling to another machine to withdraw cash.
1. Based on this information, what would be the nonpecuniary cost of legislation that would place a $1.00 cap on the fees banks can charge for noncustomer transactions?
Instructions: Round your answer to the nearest penny (2 decimal places).$
2. What would be the full economic price of this legislation?
$
Answers
a. Nonpecuniary cost of legislation that would place a $1.00 cap on the fees banks can charge for noncustomer transactions is: $6.40.
b. The full economic price of this legislation is: $7.40 per transaction.
Equilibrium price, Pe = $3.00 per transaction
Opportunity cost = $24 per hour
Ceiling price, C = $1.00 per transaction
First step is to calculate the Shortage in transaction volumes
Shortage in transaction volumes =22million - 6million
Shortage in transaction volumes =16million
Second step is to calculate the time lost in 16million of shortage transaction
Time lost= (16mn x 1 minute)/60
Time lost= 16 minutes /60
Third step is to calculate opportunity cost of 16 minutes which is the non pecuniary cost of legislation
Opportunity cost = $24 per hour x 16 / 60
Opportunity cost = $6.40
b. Full economic price of this legislation:
Full economic price of this legislation= Ceiling price + Opportunity cost
Full economic price of this legislation = $ 1.00+$6.40
Full economic price of this legislation = $7.40 per transaction
Inconclusion the Nonpecuniary cost of legislation is $6.40 and the full economic price of this legislation is $7.40 per transaction.
Learn more here:
https://brainly.com/question/16781058
3 different approaches of growth
Answers
Market development. ...
Product development. ...
Diversification.
Swifty Fabricators produces protective covers for smart phones. Since the covers must be customized to each smart phone model, Swifty uses a job order costing system. On September 1, the company reported the following inventory balances:
Direct Materials $31,500
Work in Process $152,000
Finished Goods $260,000
During September, the following events occurred:
1. Swifty purchased direct materials costing $3,708,000 on account.
2. Swifty used $432,000 in direct materials in production.
3. Swifty’s employees clocked 22,000 direct labor hours at an average wage rate of $13.23 per direct labor hour.
4. The company incurred $182,000 in manufacturing overhead, including $18,000 in indirect labor costs.
5. Using direct labor hours as the application base, the company applied $166,000 of manufacturing overhead to jobs worked on in September.
6. The company completed production on jobs costing $858,000.
7. The company delivered jobs costing $1,078,000 to customers.
1. Calculate the ending September balance of the Direct Materials, Work in Process, and Finished Goods Inventory accounts.
2. Calculate total manufacturing costs for September.
Answers
Answer:
Required 1 Balances :
Direct Materials = $432,000
Work in Process = $183,060
Finished Goods = $40,000
Required 2 total manufacturing costs for September :
Total manufacturing costs = $905,060
Explanation:
Ending September balance of the Direct Materials,
Raw Materials T - Account
Debit :
Opening Balance $31,500
Purchases $3,708,000
Totals $3,739,500
Credit :
Ending Balance $3,307,500
Work In Process $432,000
Totals $3,739,500
Ending September balance of Work in Process,
Work in Process T - Account
Debit :
Opening Balance $152,000
Raw Materials $432,000
Labor Cost $291,060
Overheads Applied $166,000
Totals $1,041,060
Credit :
Ending Balance $183,060
Transfer to Finished Goods $858,000
Totals $1,041,060
Ending September balance Finished Goods .
Finished Goods T - Account
Debit :
Opening Balance $260,000
Transfer from Work In Process $858,000
Totals $1,118,000
Credit :
Ending Balance $40,000
Trading Account $1,078,000
Totals $1,118,000
Calculation of Total Manufacturing Cost
Raw Materials $432,000
Labor Cost $291,060
Overheads Incurred $182,000
Total Manufacturing Cost $905,060
1. A requested task is subject to be reported when:
Requesting for a screenshot
When it is asking for 3 proofs
When it requests for email address to be submitted
The task requested promote violent and/or illegal activities
Answers
A requested task is subject to be reported when it promotes violent and/or illegal activities. This ensures that any content or actions that pose a threat or violate the law are appropriately addressed and handled. Reporting such tasks helps maintain a safe and secure environment for users and prevents the dissemination of harmful or unlawful content.
Promoting violent and/or illegal activities goes against community guidelines and ethical standards. By reporting such tasks, users can play an active role in upholding the rules and regulations of the platform or community they are a part of. Reporting serves as a mechanism for users to flag content or requests that could potentially harm individuals or society as a whole.
Requesting for a screenshot, asking for three proofs, or requesting an email address submission, on their own, may not necessarily warrant a report. These actions typically serve functional or practical purposes in various contexts. However, it is essential to assess the overall intent and impact of a requested task to determine whether it aligns with ethical standards and legal requirements. If a task requests actions that are potentially harmful or against the rules, it should be reported to the appropriate authorities or platform administrators for further investigation and appropriate action.
For more such answers on requested task
https://brainly.com/question/30042698
#SPJ8
15. The board of directors declared a dividend of 0.74 per share; capital stock issued is 8900 shares.
Debit:
Credit:
Help me please.
This is for accounting class.
Answers
If we assume that dividend has not yet been paid, the journal entry to record the declaration of the dividend would be:
Debit to Retained Earnings for $6,596 Credit to Dividends Payable for $6,596What is the Journal entry to record the dividend?The journal entry to record the declaration of the dividend is Debit: Retained Earnings (or Dividends Declared) for $6,596 (0.74 x 8,900 shares) and Credit: Dividends Payable for $6,596
This entry increases the dividends declared or retained earnings account, which reduces the amount of retained earnings available for other purposes. It also creates a liability on the balance sheet called dividends payable, which represents the amount of the dividend that the company owes to its shareholders but has not yet paid out.
Read more about dividends
brainly.com/question/2960815
#SPJ1
Answer:
Explanation:
If we assume that dividend has not yet been paid, the journal entry to record the declaration of the dividend would be:
Debit to Retained Earnings for $6,596
Credit to Dividends Payable for $6,596
What is the Journal entry to record the dividend?
The journal entry to record the declaration of the dividend is Debit: Retained Earnings (or Dividends Declared) for $6,596 (0.74 x 8,900 shares) and Credit: Dividends Payable for $6,596
This entry increases the dividends declared or retained earnings account, which reduces the amount of retained earnings available for other purposes. It also creates a liability on the balance sheet called dividends payable, which represents the amount of the dividend that the company owes to its shareholders but has not yet paid out.
Two key aspects of financial planning are cash planning and profit planning. Cash planning involves the preparation of the cash budget and profit planning involves preparation of pro forma statements. To make cash budget and pro forma statements for a firm, accounting knowledge is needed. Do accounting courses you took before help you better understand how to make cash budget and pro forma income statement and balance sheet? Explain.
Answers
Yes. Accounting courses I took before helps us understand how to make cash budget and pro forma income statement and balance sheet.
Here's how accounting courses can help individuals in creating cash budgets, pro forma income statements, and balance sheets:
Cash Budget: Accounting courses teach students about the importance of cash flow management and how to prepare a cash budget. Pro Forma Income Statement: Accounting courses teach students how to analyze historical financial data and use it to forecast future performance. Balance Sheet: Accounting courses provide a comprehensive understanding of balance sheets and their components. Students learn how to analyze assets, liabilities, and shareholders' equity to assess the financial position of a company.By studying accounting, individuals gain a solid foundation in financial concepts, reporting standards, and analytical techniques. This knowledge equips them with the skills necessary to create cash budgets, pro forma income statements, and balance sheets effectively.
For such more question on cash budget:
https://brainly.com/question/28494878
#SPJ8
The balance sheet and income statement shown below are for Koski Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over.
Sheet (Millions of $) Assets 2007
Cash and securities $2,475
Accounts receivable 12,650
Inventories 17,600
Total current assets $32,725
Net plant and equipment $22,275
Total assets $55,000
Liabilities and Equity:
Accounts payable $10,450
Notes payable 7,700
Accruals 6,050
Total current liabilities $24,200
Long-term bonds $18,700
Total debt $42,900
Common stock $0
Retained earnings 12,100
Total common equity $12,100
Total liabilities and equity $55,000
Income Statement (Millions of $) 2007
Net sales $99,000
Operating costs except depreciation 92,565
Depreciation 1,733
Earnings bef interest and taxes (EBIT) $4,703
Less interest 1,650
Earnings before taxes (EBT) $3,053
Taxes 1,068
Net income $1,984
Other data: Shares outstanding (millions) 500.00
Common dividends (millions of $) $694.44
Int rate on notes payable & L-T bonds 6.25%
Federal plus state income tax rate 35%
Year-end stock price $43.39
Required:
a. What is the firm's ROE?
b. What is the firm's profit margin?
c. What is the firm's operating margin?
d. What is the firm's P/E ratio?
Answers
Answer:
See solutions below
Explanation:
a. ROE = Net income / Total equity
= $1,984 / $12,100
= 16.40%
b. Firm's profit margin = Net income / sales
= 1,984 / 99,000
= 2.00%
c. Firm's operating margin = Operating income / Net sales
Operating income = Net sales - Operating costs - depreciation
= 99,000 - 92,565 - 1,733
= 4,702
= 4,702 / 99,000
= 4.75%
d. Firm's P/E ratio = Market Price per share / Earnings per share
= 43.39 / [ 1,984 / 500 ]
= 43.39 / 3.968
= 10.93
Mr. Johnnie B. Good has a furniture business which he operates as a sole proprietor. The business has been doing well for several years and now he wants to finance the expansion of his business by way of a loan and he is thinking of approaching BCN Bank accordingly. He is also planning to buy a great deal of raw material on credit from Miller’s Hardware in support of the business expansion. Mr. Good in looking at the potential risks to his personal assets and in an effort to safeguard himself from losing his personal assets if the business failed and was not able to repay the loan or pay for the material he got on credit, filed the relevant documents with the companies office and incorporated a private company, Good Furniture Ltd, with him as the sole shareholder and director and then went ahead and obtained a loan in the company’s name from the bank and bought the raw material on credit on behalf of the company. The bank in providing the loan ensured that Mr. Good signed a personal guarantee for the entire loan amount.
Shortly after receiving the loan and the material on credit, the business faced severe competition from other furniture stores who imported much cheaper furniture and so the business failed and had no business assets to cover the loan or to pay for the material taken on credit.
BCN Bank and Miller’s Hardware both sue to recover their respective amounts and each is seeking to get a court order to have Mr. Good sell his personal assets to meet the obligations of Good Furniture Ltd. Both Claimants are contending that the ‘one man’ company is merely a shield to what is in essence a sole proprietorship business.
Using case law and statute, advise Mr. Good as to the likelihood of success of:
A) Miller’s Hardware
B) BCN Bank
Answers
A) Miller's Hardware: Unless Miller's Hardware can prove fraudulent intent or abuse of the corporate form, it's unlikely to hold Mr. Good personally liable.
B) BCN Bank: Mr. Good's personal guarantee strengthens BCN Bank's chances of success in recovering the loan amount from his personal assets.
Mr. Good's situation involves the concept of piercing the corporate veil, which refers to disregarding the separate legal personality of a corporation to hold its shareholders personally liable. In this case, Miller's Hardware and BCN Bank are seeking to hold Mr. Good personally liable for the debts of Good Furniture Ltd. Let's analyze the likelihood of success for each claimant:
A) Miller's Hardware:
To determine the likelihood of success for Miller's Hardware, we need to consider the circumstances under which the court may pierce the corporate veil. The court will generally pierce the corporate veil if it can be shown that the company is merely an alter ego or a sham used to avoid legal obligations.
Factors considered include commingling of assets, inadequate capitalization, failure to follow corporate formalities, and fraud.
In this case, since Mr. Good incorporated Good Furniture Ltd as a separate legal entity, it demonstrates an intention to operate as a company rather than a sole proprietorship.
Unless Miller's Hardware can provide evidence of fraudulent intent or other factors indicating abuse of the corporate form, the court is unlikely to pierce the corporate veil. Therefore, Miller's Hardware may face challenges in holding Mr. Good personally liable.
B) BCN Bank:
BCN Bank has an advantage over Miller's Hardware because Mr. Good signed a personal guarantee for the loan, assuming personal liability. A personal guarantee is a legally binding agreement, and it can override the protection of limited liability that a corporation provides.
As long as the personal guarantee is valid and enforceable, BCN Bank has a strong chance of success in recovering the loan amount from Mr. Good's personal assets.
In summary, Miller's Hardware may face difficulties in holding Mr. Good personally liable, while BCN Bank is likely to succeed based on the personal guarantee provided by Mr. Good.
For more question on fraudulent visit:
https://brainly.com/question/30870582
#SPJ8
Mary, a college student, needs to borrow $8,000 today for her tuition. She agrees to pay back the loan in a lump-sum payment upon graduating, 4 years from today. The lender agrees to lending at a fixed 3.85% interest rate during the loan period. What is the total cost of Mary's student loan?
Answers
Answer:
$ 9,304.99
Explanation:
The applicable formula is
A = P x (1 + r)^n
where A is the amount after 4 years
P is principal amount $8000
r is interest rate = 3.85% or 0.0385
n = number of periods: 4
A = $8000 x ( 1 + 0.0385) ^4
A = $8000 x (1.0385)^4
A = $8000 x 1.163123
A =$9,304.99
Should individuals have to pay more in taxes than large corporations?
Answers
Click this link to view O*NET’s Skills section for General and Operations Managers. Note that common skills are listed toward the top and less common skills are listed toward the bottom. According to O*NET, what are common skills needed by General and Operations Managers? Select four options.
speaking
critical thinking
active listening
computer repair
reading comprehension
equipment selection
Answers
Answer:
i got bcde
Explanation:
abce
Explanation:
Describing Skills for General and Operations Managers
Karen owns a designer clothing store in a small town. Since her store is the only store that offers designer outfits, she charges high prices for them. In the same town, another store deals in similar apparels but offers them at cheaper rates. Karen wants to maintain the exclusivity of her store. She is planning to slash prices. This move may incur losses. However, she is determined to give a tough competition to her competing store and ensure that it goes out of business.
Answers
Answer:
Antitrust law
Explanation:
The government uses Antitrust laws to prevent creation of monopolies. These laws ensure that no single firm prevents competition unreasonably. So, Karen's action of cutting down prices to eliminate the competitor will come under government scrutiny.
According to the Mundell-Fleming model for a small open economy with flexible exchange rates, if the Federal Reserve cannot alter domestic interest rates, changes in the money supply could still influence aggregate income through changes in the:
exchange rate.
Answers
According to the Mundell-Fleming model for a small open economy with flexible exchange rates, if the Federal Reserve cannot alter domestic interest rates, changes in the money supply could still influence aggregate income through changes in the Exchange rate
The pace upon which one currency will be traded for another is known as the exchange rate. Some exchange rates are linked or fixed to the value of a particular country's currency, however most exchange rates are floating and will increase or decrease depending on market supply and demand. The level at which one currency can be swapped for another between jurisdictions or economic zones is characterized as an exchange rate. It is crucial in assessing trade and capital movement dynamics and is used to calculate the value of various currencies in respect to one another.
Learn more about Exchange rate here:
https://brainly.com/question/29562028
#SPJ4
2. What are the main personal skills needed to deal with conflict between other people?
Answers
Answer:
Communication.
Emotional intelligence
Explanation:
Special education is defined as specialized_______
Answers
Special education is defined as specialized "instruction and support designed to meet the unique needs of students with disabilities."
It encompasses a range of educational services, strategies, and interventions tailored to address the diverse learning requirements of individuals with disabilities.
The goal of special education is to ensure that students with disabilities have equal access to educational opportunities and are provided with the necessary tools and accommodations to achieve academic success and personal development.
Special education encompasses various components, such as individualized education plans (IEPs), which outline specific goals and accommodations for each student. It involves the provision of specially trained teachers and support staff who are knowledgeable about the specific needs and challenges of students with disabilities.
It also involves the use of specialized instructional techniques, assistive technologies, and adaptive materials to enhance learning and promote inclusion.
In addition to academic instruction, special education may also address social-emotional development, behavioral management, and independent living skills, depending on the unique needs of the student.
Collaboration among educators, parents, and related service providers is essential to ensure the provision of a comprehensive and individualized special education program that empowers students with disabilities to reach their full potential.
For more such questions on education
https://brainly.com/question/20516385
#SPJ11