The company should recognize a gain of $7,900 on the retirement of the bonds, resulting in a $3,900 gain after considering the unamortized premium. The correct option is B).
To calculate the gain or loss on the retirement of bonds, we need to compare the carrying value of the bonds with the amount paid to retire them.
Carrying value of the bonds = Face value of the bonds - Unamortized premium
Carrying value = $100,000 - $5,900 = $94,100
Amount paid to retire the bonds = Market value of the bonds
Amount paid = $100,000 * 102% = $102,000
Gain or Loss = Amount paid - Carrying value
Gain or Loss = $102,000 - $94,100 = $7,900
Since the result is positive, it represents a gain. Therefore, the company should recognize a gain of $7,900 on the retirement of the bonds.
Thus, the correct answer is b) $3,900 gain.
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The reserve ratio equals 2 percent. The Fed buys $1 million in U.S. government securities. The most the money supply can increase is a. $10 million. b. $40 million. c. $50 million. d. $100 million.
If the Fed buys $1 million in U.S. government securities. The most the money supply can increase is: c. $50 million.
Money supplyUsing this formula
Mioney supply=Government securities/Reserve ratio
Where:
Government securities=$1 million
Reserve ratio=2% or 0.02
Let plug in the formula
Money supply=$1 million/0.02
Money supply=$50 million (Increase)
Therefore the most the money supply can increase is: c. $50 million.
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Accounting practices and procedures used to prepare financial statements are called:_________
General accepted accounting principles (GAAP) are a unified body of rules, procedures, and standards for accounting GAAP.
A uniform technique for producing financial statements and performing accounting activities is provided by GAAP for businesses. GAAP makes it simpler for accountants and small-business owners to keep track of an organization's financial health. GAAP makes it easier to communicate a company's financial information to third parties. Only a few examples of the common rules, which range from fundamental underlying concepts and assumptions, may be found in the Financial Accounting Standards Board's (FASB) particular rules for complex financial transactions. An established set of accounting guidelines known as GAAP is used to prepare and standardize a company's financial statements.
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PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST) PERSONAL & FAMILY FINANCE
Economists define capital as money used to start a business.
True
False
Answer:
False
Explanation:
Economists define capital as money used to start a business. The given statement is False.
Capital is the money a business requires to operate and grow. Cash on hand, accounts receivable, close cash, equity, and capital assets are typical kinds of capital.
What does capital mean in economics?A factory and its equipment, intellectual property like patents, or financial assets owned by a firm or individual are all examples of things that offer their owner value or an advantage. Despite the fact that money can technically be considered capital, the term is typically used to refer to funds utilized for investments or the production of goods.
The money a company has on hand to cover both its ongoing expenses and potential future expansion is known as capital. Working capital, debt, equity, and trade capital are the four main types of financial resources. Financial entities such as brokerages and others employ trading capital.
Thus, the given statement is untrue.
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Drag each option to the correct location.
Match the scenarios to the factors that affect the labor market.
foreign direct investment
outsourcing
immigration
Each scenario should be matched to the factors that affect the labor market as follows:
Immigration: Carlos is moving from Mexico to the United States because he got a job in a bank. He had his interview last month, and the bank agreed to hire him because he was willing to work for 10% less than most American workers, even though he has the same qualifications.Foreign direct investment: A US supermarket chain is going to open a few supermarkets in Europe because a recent survey showed that the chain has a huge potential for profits in Europe.Outsourcing: A renowned US information technology firm has recently signed a contract with a company based in the Philippines. The Filipino company will handle the accounts of the US firm. The US firm made this decision to reduce labor costs.What is immigration?Immigration can be defined as the movement of a group of people from one geographical region to another geographical destination such as a city, especially in search of any of the following:
Good governanceSecurityBetter living conditions.WorkJobsSocial amenitiesWhat is a foreign direct investment?A foreign direct investment (FDI) simply refers to a type of investment which is made by an individual or business organization (investor) into an investment market that is located in another country.
In conclusion, an example of foreign direct investment (FDI) is a US supermarket chain that is planning to open a few supermarkets in a country in Europe.
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Answer:
Post Test: Free Market and Businesses
Unit: 2
Economics
Question #12
__________________________________________________________
This is 100% right because I took the test
Go to explanation for picture with answers
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Explanation:
Here's the picture and I hope this helped!
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when should the total dollar value of debits equal the total dollar value of credits in a transaction? multiple choice question. always never sometimes
The total dollar value of debits should equal the total dollar value of credits in a transaction always.
In double-entry bookkeeping, every transaction affects at least two accounts, with one account being debited and another account being credited. This system ensures that the accounting equation (Assets = Liabilities + Owner's Equity) remains in balance, and the total dollar value of debits must always equal the total dollar value of credits for each transaction.
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Is budget towards a new computer a fixed or variable expense?
Why would the U.S. Federal Reserve Chairman content that changes in monetary policy may have less of a positive impact than would fiscal policy changes on individuals and small businesses?
Answer:
i need help tooooooooooooo
Which portion would not be part of an investment portfolio? ( A ) A SAVINGS 529 PLAN ( B ) Equity investments in a company ( C ) a saving account ( D ) Commodities funds I picked ( A ) and it was wrong but when I checked 5.07 Unit Test: Saving and Investing Quiz flashcards it says ( a ) so where I go wrong. plus i got number 1 wrong to it says . ( 1 ) Which situation is a good reason to have a financial reserve that's larger than normal?
, having a large monthly car payment, ,
being able to find another job quickly if needed - I picked this one wrong again but the flash card said its this one
having mostly discretionary expenses
having an income that is fairly predictable
The portion that would not be part of an investment portfolio is : ( C ) a saving account
The situation that is a good reason to have a financial reserve that's larger than normal is: A. Having a large monthly car payment.
Which portion would not be part of an investment portfolio?1. Option C, a saving account, would not be part of an investment portfolio as it is a basic bank account that offers low interest rates and is typically used for saving money rather than investing.
The other options, A, B, and D, are all investment options that can be included in an investment portfolio
2. Having a large monthly car payment is a situation that would warrant having a financial reserve that's larger than normal. This is because the car payment is a fixed expense that must be paid every month, and in the event of a financial emergency or unexpected expense, having a larger financial reserve can provide a cushion and prevent defaulting on the car payment.
It is always a good idea to have a financial reserve that can cover at least three to six months of expenses, regardless of the specific situation.
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Energy derived from renewable sources located within the project site perimeter is called:_________
On-site renewable energy.
What Exactly Is a Renewable Resource?A resource that can naturally replace itself throughout time is said to be renewable. Therefore, despite human consumption, it is sustainable.
Because of their potential to replace non-renewable or finite resources in the generation of energy, renewable resources are viewed as being of particular importance. Additionally, compared to non-renewable resources like coal and fossil fuels, renewable resources can give greener energy alternatives.
The sun, wind, water, geothermal heat from the soil, and biomass are a few examples of renewable resources.
As long as there is precipitation, water is also regarded as a renewable natural resource. The need for conservation measures to protect water supplies has been demonstrated by changing climatic trends.
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Brooklyn is paid biweekly. Her annual salary is $63,700. What is her biweekly gross pay?
Brooklyn's biweekly gross pay, given the amount that she is paid annually, is $ 2, 450
How to find the biweekly gross pay?A person's biweekly gross pay is the amount that they are paid every 2 weeks that is not adjusted for taxes and other deductions.
In a year, the number of two week periods are :
= Number of weeks / 2
= 52 / 2
= 26 biweekly periods
The biweekly salary of Brooklyn is therefore :
= Annual salary / number of biweekly periods
= 63, 700 / 26
= $ 2, 450
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When Brooks Brothers prices its line of umbrellas at three price points, $58, $198, and $498 (or good, better, and best) it is using a ______ approach.
Brooks Brothers is using a price-tiering or price-point approach when it offers its line of umbrellas at three different price levels: $58, $198, and $498. This strategy allows the company to cater to different customer segments with varying preferences and willingness to pay.
The pricing strategy employed by Brooks Brothers, offering its umbrellas at three distinct price points, reflects a price-tiering approach. By providing umbrellas at different price levels, the company aims to target and appeal to customers with varying purchasing power, preferences, and perceived value. This strategy allows Brooks Brothers to accommodate a wider range of consumer segments within its target market.
The "good, better, and best" pricing structure is a common practice in retail where companies create different product variants at different price points to cater to different customer segments. The $58 umbrella represents the "good" option, appealing to price-sensitive customers or those looking for a more affordable choice. The $198 umbrella represents the "better" option, providing added features, quality, or brand value to justify a higher price. Finally, the $498 umbrella represents the "best" option, likely offering premium materials, craftsmanship, or exclusive design elements for customers who prioritize luxury and are willing to pay a premium.
In conclusion, Brooks Brothers' utilization of three price points for its umbrella line exemplifies a price-tiering approach. This allows the company to target customers with varying preferences and budget constraints, maximizing its appeal and capturing a broader customer base.
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Which of the following countries did not trade with the Phoenicians?
O Babylonia
Japan
O Egypt
Greece
The times interest earned ratio is calculated by dividing net income by interest expense true or false
The answer is false. The times interest earned ratio is calculated by dividing earnings before interest and taxes (EBIT) by interest expense.
The times interest earned ratio is a financial ratio that measures a company's ability to pay its interest expenses.
It is calculated by dividing EBIT by interest expense.
A high times interest earned ratio indicates that a company is able to easily cover its interest expenses.
Net income is the profit that a company makes after paying all of its expenses, including interest expense. However, the times interest earned ratio is not calculated using net income because it can be affected by non-recurring items, such as one-time gains or losses.
EBIT is a better measure of a company's ability to pay its interest expenses because it is not affected by non-recurring items.
The times interest earned ratio is a useful tool for investors and creditors to assess a company's financial health. A high times interest earned ratio indicates that a company is able to easily cover its interest expenses and is therefore less likely to default on its debt.
However, a low times interest earned ratio does not necessarily mean that a company is in financial trouble. There are other factors that can affect a company's ability to pay its interest expenses, such as the amount of debt it has and the interest rate on its debt.
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Unscramble the vocabulary word from Chapter 12: pexnesse
Answer:
expenses
Explanation:
A scrambled word is a word that has been rearranged or jumbled, so its letters are not in the correct order. The purpose of unscrambling a word is to rearrange the letters back into their correct order to form a meaningful word. The scrambled word "pexnesse" can be unscrambled to form the word "expenses."
Expenses refer to the costs or expenditures incurred in the process of conducting business, managing personal finances, or carrying out various activities.
Expenses can include a wide range of items, such as bills, purchases, salaries, rent, utilities, taxes, and any other monetary outflows required to sustain operations or maintain a certain lifestyle.
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Owen sells mutual funds on a graduated commission structure. He receives 2.1% on the first $50,000 of sales in a month, 3.1% on the next $50,000, and 4.4% on all further sales. What are his gross earnings for a month in which he sells $250,000 worth of mutual funds? Your Answer: Answer Owen sells mutual funds on a graduated commission structure. He receives 2.1% on the first $50,000 of sales in a month, 3.1% on the next $50,000, and 4.4% on all further sales. What are his gross earnings for a month in which he sells $250,000 worth of mutual funds? Your Answer: Answer
Owen's gross earnings for a month in which he sells $250,000 worth of mutual funds would be $9,200.
To calculate Owen's gross earnings, we need to determine the commissions earned at each tier of the graduated commission structure and sum them up.
First, let's calculate the commissions earned on each tier:
Commissions on the first $50,000: 2.1% * $50,000 = $1,050
Commissions on the next $50,000: 3.1% * $50,000 = $1,550
Commissions on the remaining amount ($250,000 - $100,000 = $150,000): 4.4% * $150,000 = $6,600
Now, we can sum up the commissions earned at each tier to get Owen's gross earnings:
$1,050 + $1,550 + $6,600 = $9,200
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What can help you meet your budget while shopping for
important items?
It is known as consumer skills.
Explanation:
Prioritizing to meet your needs. Making a good purchasing decision requires in order to meet your budget while shopping for important items.
Following are the points to follow while shopping for important items:
Buying the item with the best features. Making a list of your wants to meet your needs.Prioritizing features to meet your needs.Compare the prices of products while shoppingWait for the promotionsUse coupons and promo codes Buy used products or second-hand productsBuy at the right timeDon't be afraid to negotiateConsider the qualityIn conclusion, saving money on important purchases requires a little effort and patience, but it's worth it in the end. By comparing prices, waiting for promotions, using coupons and promo codes, buying used products, buying at the right time, negotiating the price, and considering quality, you can find ways to spend less on important purchases.
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To meet your budget while shopping for important items, you can compare prices, take advantage of sales and discounts, and create a budget to avoid overspending.
Explanation:When shopping for important items, there are several things that can help you meet your budget:
Price comparison: Compare prices of the same item at different stores or online platforms to find the best deal.Sales and discounts: Look for sales, discounts, or promotional offers that can help you save money on your purchases.Budgeting: Create a budget and list the important items you need to buy. Stick to the budget and avoid impulsive purchases that may strain your finances.By implementing these strategies, you can make smarter purchasing decisions and stay within your budget.
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According to the Fisher Effect, the expected rate of inflation does not influence the:________.
Answer:
ex ante real interest rate.
Explanation:
According to Fisher effect the expected inflation rate will affect indices like nominal interest rate, current prices of goods, and the demand for money.
However it does not affect the ex ante real interest rate.
The Fisher effect shows how real interest rate is related to nominal interest rate.
Real interest rate = Nominal interest rate - Expected inflation rate
Ex ante real interest rate is the anticipated real interest rate in the future.
This is not considered in the Fisher effect
which sector has lost more jobs due to technological changes?
The sector that lost more jobs due to technological change is the Banking sector.
Technological improvement entails the advancement of technology in carrying out business activities supposed to be performed by employees.
The increase in use of software technology means that industries and jobs that relies on employees effort will now rely on computers.
Therefore, the sector which lost more job due to the technological changes is the Banking sector because more software technology are now used, thus resulting to lay-off of bank workers.
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N Apple bought goods on credit from Pencil Point Ltd. What is the double entry to record this transaction in the accounting records of Pencil Point Ltd? a. Debit N Apple, Credit Sales b. Debit Sales , Credit N Apple c. Debit Purchases, Credit Pencil Point ltd d. Debit Pencil point Ltd, Credit Purchases.
Answer:
c. Debit Purchases, Credit Pencil Point ltd
Explanation:
The journal entry for purchasing the goods from the Pencil point ltd on credit is given below;
Since the goods are purchased so here purchase account is debited and we credited the pencil point ltd
So, the journal entry is
Purchase Dr XXXX
To Pencil Point ltd XXXX
(Being goods purchased on credit)
The purchase is debited as it increased the assets and pencil point ltd is credited as it also increased the liability
Month First Year Second Year Third Year January 242 263 282 February 235 238 255 March 232 247 265 April 178 193 205 May 184 193 210 June 140 149 160 July 145 157 166 August 152 161 174 September 110 122 126 October 130 130 148 November 152 167 173 December 206 230 235 Month First Year Second Year Third Year January 242 263 282 February 235 238 255 March 232 247 265 April 178 193 205 May 184 193 210 June 140 149 160 July 145 157 166 August 152 161 174 September 110 122 126 October 130 130 148 November 152 167 173 December 206 230 235 The Vintage Restaurant, on Captiva Island near Fort Myers, Florida, is owned and operated by Karen Payne. The restaurant just completed its third year of operation. During those three years, Karen sought to establish a reputation for the restaurant as a high-quality dining establishment that specializes in fresh seafood. Through the efforts of Karen and her staff, her restaurant has become one of the best and fastest-growing restaurants on the Island. To better plan for future growth of the restaurant, Karen needs to develop a system that will enable her to forecast food and beverage sales by month for up to one year in advance. The following table shows the value of food and beverage sales ($1,000s) for the first three years of operation: Your Tasks: Perform an analysis of the sales data for the Vintage Restaurant. Prepare a report for Karen that summarizes your findings, forecasts, and recommendations. Include the following: a. A time series plot. Comment on the underlying pattern in the time series. Using the dummy variable approach, forecast sales for January through December of the fourth year. How would you explain this model to Karen? Assume that January sales for the fourth year turn out to be $295,000. What was your forecast error? If this error is large, Karen may be puzzled about the difference between your forecast and the actual sales value. What can you do to resolve her uncertainty about the forecasting procedure
The sales are generally highest in the winter months and lowest in the summer months, with peak in January of the third year at $282,000.
What are sales?Sales refer to exchange of goods or services for money or other valuable consideration. It is the process of convincing potential customers to purchase a product or service by communicating its value, benefits, and features. The sales process typically involves prospecting, qualifying leads, making a sales pitch, handling objections, closing the sale, and following up with the customer. Sales can occur through various channels, including in-person, over the phone, online, or through direct mail. Successful sales depend on the ability to understand and meet customer needs, build relationships, communicate effectively, and provide exceptional customer service. Sales are essential to the success of any business as they generate revenue and help to grow and expand the business.
Highest sales= $295,000- $13,000= $282,000
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Can anyone help me?
Saving money allows u to set more aside in a(n) ____ fund
Emergency
Bond
Exchange
Answer:
Saving money allows you to set more aside in an Emergency fund.
egarding climate change, who argued that the costs of inaction would be far greater than the costs of mitigation?
According to Simon Steele: The cost of inaction is far greater than the cost of action. United Nations.
Who is famous for climate change?Greta Thunberg, David Attenborough and Leonardo DiCaprio are famous names who are actively fighting climate change.
Who is primarily responsible for climate change?Many of these changes include encouraging consumers to buy more sustainable and “greener” products, which are the root causes of fossil fuel emissions and climate change. Just 100 companies have accounted for 71% of global greenhouse gas emissions since 1988.
What does Bill Gates say about climate change?“The climate change solution can be summed up in two sentences: By 2050, the world must be net of greenhouse gas emissions,” Gates wrote. "Extreme weather conditions are resulting more problems. Unless we reach net-zero emissions, our grandchildren will grow up in a dramatically worse world."
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3. How do you make sure that your estimated CAPM is a good fit to real actual data.
To ensure that your estimated Capital Asset Pricing Model (CAPM) is a good fit to real actual data, you can follow these steps:
Data Quality: Start by gathering high-quality data for your analysis. Use reliable sources and ensure that the data is accurate, up-to-date, and relevant to the assets or securities you are studying. Historical Returns: Calculate the historical returns for the asset or security you are analyzing, as well as the relevant market index returns. The accuracy of your CAPM estimation depends on the quality of historical return data. Risk-Free Rate: Choose an appropriate risk-free rate, such as the yield on government bonds with a similar maturity as the investment horizon you are considering. This rate should reflect the risk-free return available to investors. Market Risk Premium: Determine the market risk premium, which represents the excess return expected from investing in the overall market compared to the risk-free rate. Consider historical data and market conditions to estimate a reasonable market risk premium.
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a client writes 1 apr 30 call and buys 1 apr 40 call. this is a bull spread. a bear spread. a debit spread. a credit spread. A) I and IV.
B) II and III.
C) I and III.
D) II and IV.
The correct answer to this question is option C) I and III.A bull spread is a trading strategy that seeks to profit from a moderate increase in the price of an underlying asset.
A bull call spread is a specific type of bull spread that involves the purchase of a call option with a lower strike price and the simultaneous sale of a call option with a higher strike price. By selling the higher-strike call, the cost of the lower-strike call is reduced, which lowers the breakeven price of the strategy and increases potential profits. A bear spread is a trading strategy that seeks to profit from a moderate decrease in the price of an underlying asset.
A bear call spread is a specific type of bear spread that involves the sale of a call option with a lower strike price and the simultaneous purchase of a call option with a higher strike price. By purchasing the higher-strike call, the risk of the position is limited, which lowers the potential loss of the strategy and increases the probability of making a profit.A debit spread is a trading strategy that involves the simultaneous purchase and sale of options contracts with different strike prices and expiration dates.
The cost of the options purchased is greater than the premium received from the options sold, which creates a net debit to the trader's account. A credit spread is a trading strategy that involves the simultaneous purchase and sale of options contracts with different strike prices and expiration dates. The premium received from the options sold is greater than the cost of the options purchased, which creates a net credit to the trader's account. Given that the client writes 1 Apr 30 call and buys 1 Apr 40 call, this is a bull spread and a debit spread.
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Which of the following illustrates the most economically sound choice for brad? buying both a car and a home leasing both a car and home buying a car and leasing a home leasing a car and buying a home
Buying both a car and a home best illustrates economics sound choice of brad.
What is a brad?A brad is a device that have a slight projection that help to fasten paper or object. It is a thin, soft metal, such as shim brass, wihich has a round head and a flat, split shank, which spread wide on pages or as a cotter pin or a split rivet.
They are use to attach shoe moldings and fastened small ornamental parts on furnitures Brads are use to glue wooden parts together.
Therefore, Buying both a car and a home best illustrates economics sound choice of brad.
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Answer: Keep it simple: A
Explanation:
buying both a car and a home
2 The market price of a share of preferred stock is $22.05 and the dividend is $2.63. What discount rate did the market use to value the stock? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))
The preferred stock was valued by the market using a discount rate of 11.93%, indicating the rate at which future dividends were discounted to arrive at the present value of the stock.
Find the discount rate?To determine the discount rate, we can use the dividend discount model (DDM). The DDM states that the value of a stock is the present value of its expected future dividends. In this case, the dividend is $2.63 per share.
The formula for calculating the value of a preferred stock using the DDM is as follows:
Stock Value = Dividend / Discount Rate
Rearranging the formula, we get:
Discount Rate = Dividend / Stock Value
Plugging in the given values:
Discount Rate = $2.63 / $22.05 ≈ 0.1193
Converting the decimal to a percentage, the discount rate is approximately 11.93%.
Therefore, the market used a discount rate of 11.93% to value the preferred stock.
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An asset turnover ratio of 2.5 means that for every $1 in assets, the firm generates _____ in sales.
An asset turnover ratio of 2.5 means that for every $1 in assets, the firm generates $2.5 in sales. A company's sales or revenues are compared to the value of its assets using the asset turnover ratio.
The asset turnover ratio can be used to gauge how effectively a business uses its assets to produce income. The more effectively a corporation uses its assets to generate revenue, the greater its asset turnover ratio. A corporation is not effectively employing its assets to produce sales if it has a low asset turnover ratio, on the other hand. Investors can use this measure to gauge how well a company is utilising its resources to drive sales.
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An attorney came to work on a Saturday. When he signed in, he was advised by the morning security guard employed by the building management that he must be out of the building by 5 p.m., when it closes. However, he stayed past 5 p.m. to complete a brief that had to be filed on Monday morning. At 5:15 p.m., the afternoon security guard set the locks on all the doors of the building and left. Because she was in a hurry, she did not check the sign-in sheet to make sure that everyone had signed out, contrary to mandatory procedures. When the attorney tried to exit 15 minutes later, he discovered that the doors were all locked and could not be opened from the inside. He used his cell phone to call for help, and a supervisor from the building arrived and let him out shortly thereafter. If the attorney sues the building management for false imprisonment, is he likely to win
Answer:
The attorney will most likely lose if he sues for false imprisonment
Explanation:
False imprisonment is also called unlawful imprisonment. It is the act of confining a person to an area without legal authority, justification, or consent of the person that is restrained.
In the given scenario the attorney was informed that he office will be locked by 5 am. If he was staying longer he should have informed the security.
Also the security guard did not intentionally lock him in as she was not aware he was present.
For one to be guilty of false imprisonment these three conditions should be met:
- an act that confines a person to a particular area
- intention of confining the person
- causation
These conditions were not met in this case.
We can hire the best economist in the country, give them enough resources to find the best point of production on a PPC. True False
False. Hiring the best economist and providing resources can help in analyzing production possibilities, but determining the best point on a production possibilities curve (PPC) involves trade-offs and subjective factors that go beyond expertise and resources.
While hiring the best economist in the country and allocating resources can contribute to analyzing production possibilities, identifying the "best" point on a production possibilities curve (PPC) is not solely dependent on their expertise and resources.
PPC illustrates the maximum combinations of two goods that can be produced with limited resources and technology . Determining the optimal point on the PPC involves considering various factors such as consumer preferences, market demand, opportunity costs, efficiency, and external factors like government policies and technological advancements.
Even with the best economist and abundant resources, determining the "best" point on the PPC requires subjective judgments and trade-offs. It may involve considering factors like maximizing output, minimizing costs, achieving sustainability, or meeting specific goals and objectives. Different stakeholders may have different perspectives on what constitutes the "best" point on the PPC, based on their priorities and objectives.
, while economists and resources can contribute to analyzing production possibilities, the determination of the best point on a PPC involves subjective factors and trade-offs that go beyond expertise and resources alone.
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do you like lauge arts it is supper fun in cool
Answer: It's really confusing. its just mid.
Explanation: