If Acme Manufacturing Company uses flexible budgeting and actually sells 200,000 units during the period, these amounts will be included in its flexible budget performance report:
Variable costs = $1,000,000
Fixed costs = $240,000
What is a flexible budget?A flexible budget adjusts the budget according to the activity or volume levels of the company.
For instance, if the total variable costs is $800,000 with expected sales of 160,000 but the actual sales equal 200,000, the flexible budget will be adjusted to $1,000,000 ($800,000/160,000 x 200,000).
Data and Calculations:Expected sales = 160,000 units
Fixed Budget Figures:
Total variable costs = $800,000
Total fixed costs = $240,000
Flexible Budget Figures:
Total variable costs = $1,000,000 ($800,000/160,000 x 200,000)
Total fixed costs = $240,000
Thus, the flexible budget will still maintain the total fixed costs since they do not vary according to the volume level, within the relevant range.
Learn more about flexible budgets at https://brainly.com/question/14015382
#SPJ1
Finding the maximum amount of profit you can generate from one unit of a product is called Margin Potential. This is useful for a company when making a decision about whether to go into production or not. In its simplest form, you can calculate Margin Potential as:
Calculate:
To calculate margin, start with your gross profit, which is the difference between revenue and COGS. Then, find the percentage of the revenue that is the gross profit. To find this, divide your gross profit by revenue. Multiply the total by 100 and voila—you have your margin percentage.
Margin = (Revenue - Cost) / Revenue
Both input values are in the relevant currency while the resulting profit margin is a percentage (gross margin percentage, e.g. 10%) arrived at after multiplying the result by 100.
Learn more about Margin on:
https://brainly.com/question/24596251
#SPJ4
Answer the question on the assumption that the legal reserve ratio is 20 percent. suppose that the fed sells $500 of government securities to commercial banks (paid for out of commercial bank reserves) and buys $500 of securities from individuals, who deposit the cash in checking accounts. as a result of the given transactions, the supply of money in the economy will
The sale and purchase of government securities by the Fed would leave reserves unchanged.
What is the effect of the purchase and sale of government securities?
The Fed is the Central Bank of the United States. One of the duties of the Fed is to conduct monetary policies. Monetary polices are used to affect the level of money supply in the economy.
One of the monetary policy tools of the Fed is open market operation. When the Fed sells government securities, it is known as an open market sales which reduce money supply. When the Fed buys government securities, it is known as an open market purchase which increases money supply.
Reserve ratio is the percentage of deposits that is required of commercial banks to keep as reserves. Reserve ratio is determined by the Fed.
Change in reserve = ( value of government securities bought / reserve ratio) - (value of government securities sold / reserve ratio)
($500 / 0.2) - (500 / 0.2) = 0
To learn more about reserve ratio, please check: brainly.com/question/6831267
#SPJ1
What might be the best corporate-level international strategy to pursue?
The transnational strategy is the best strategy.
While a global strategy may appear to be the ultimate goal, for many businesses, a transnational strategy that balances local responsiveness with global integration is the ideal option.
Transnational businesses have centralized operations in one country but extra international activities and assets. A transnational strategy establishes a brand's level of global integration and local response. Such a company attempts to strike a balance between the goal for efficiency and the necessity to adapt to local tastes in numerous locations.
Therefore, the best strategy is the transnational strategy that can be pursued.
To know more about transnational strategy click here:
https://brainly.com/question/15356725
#SPJ4
By raising the discount rate, the fed leads banks to make _________ loans to households and firms, which will _________ checking account deposits and the money supply.
By raising the discount rate, the fed leads banks to make fewer loans to households and firms, which will decrease checking account deposits and the money supply. In a discounted cash flow (DCF) analysis, the discount rate is the interest rate that is used to calculate the present value of future cash flows.
This aids in determining whether the cash flows from a project or investment will be more valuable than the capital expenditure required to fund it in the present. For instance, if an investor invests $1,000, they anticipate a 10% return after a year. In that instance, 10% should be used as the discount rate.
To learn more cash flows, click here.
https://brainly.com/question/15046681
#SPJ4
JoePrivateCo intends to raise capital by selling 100 million shares of common stock in an IPO. The investment bank rep advising JoePrivateCo on the transaction estimates that comparable companies in its sector tend to trade at a multiple of 10 - 12 times 2010's expected earnings. The equity capital markets rep advising JoePrivateCo advises the company to price the shares at a 20% discount to satisfy demand for the securities. Assuming JoePrivateCo intends to float 40% of its total equity in the IPO, and assuming it expects its current trend in earnings growth to continue, what is the mean offering price for the transaction?
Assuming it expects its current trend in earnings growth to continue, the mean offering price for the transaction is: $4.94.
Mean offering priceFirst step is to find the rate or percentage
Percentage=($127 MM/ $115 MM) - 1
Percentage= 10.4%
Second step is to find the cost
Cost =$127 MM×(1 + 10.4%)
Cost = $140.3MM
Third step is to calculate the mean offering price
Mean offering price=[40%×(11 × $140.3MM)]× (1 - 20%)
Mean offering price=(40% × $1,542.8MM/100) × (1 - 20%)
Mean offering price = ($617.1MM / 100) × (1 - 20%)
Mean offering price = $6.17 × (1 - 20%)
Mean offering price= $4.94
Therefore assuming it expects its current trend in earnings growth to continue, the mean offering price for the transaction is: $4.94.
Learn more about mean offering price here:https://brainly.com/question/19104371
https://brainly.com/question/27819027
#SPJ1
The deadweight loss from a tax is likely to be greater with a good that has Select one: a. many substitutes. b. an inelastic demand. c. few substitutes. d. an inelastic supply.
The deadweight loss from a tax is likely to be greater with a good that has many substitute.
What is deadweight loss?This refers to scenario, tax imposed create loss of economic sufficiency; when the supply of goods and services aren't met.
Dead weight loss is the inefficiency that occurs when the market is not in equilibrium.
Learn more about deadweight loss here: https://brainly.com/question/26362939
#SPJ1
prior to what year was the caveat emptor let the buyer beware was the name of the game for consumers
Prior to 1914, the caveat emptor let the buyer beware was the name of the game for consumers.
What is Caveat Emptor?The phrase "caveat emptor" has gained renown in English. The contract law principle known as caveat emptor often governs the sale of real estate after the date of closure, though it may also apply to the sale of other types of products.Because purchasers frequently know less about the product or service they are buying than the seller, the phrase "caveat emptor" and its use as a disclaimer of warranties are a result.This characteristic of the circumstance is referred to as "information imbalance." Defects in the product or service might only be known to the seller and concealed from the buyer.know more about caveat emptor
https://brainly.com/question/11087193
#SPJ4
No resubmission to Desktop Underwriter (DU) is required if the amount of verified reserves is ____ of the amount required to be verified.
No resubmission to Desktop Underwriter (DU) is required if the amount of verified reserves is 90% of the amount required to be verified. This is further explained below.
What is Desktop Underwriter (DU)?Generally, An automated mortgage underwriting system called Desktop Underwriter determines if a loan satisfies the criteria for approval.
In conclusion, If the amount of verified reserves is equal to or more than 90 percent of the amount that is needed to be verified, a resubmission to Desktop Underwriter (DU) is not necessary.
Read more about Desktop Underwriter (DU)
https://brainly.com/question/3639519
#SPJ1
Provisions that a party agrees to perform only if the other side also does what it promised are called Group of answer choices choice of forum provisions. conditional promises. reciprocal promises. riders.
If the provisions are reciprocal promises this means that they are each enforceable independently.
What is Reciprocal Promise ?These promises that the promisee does to form the consideration form an agreement.
When you go to a shop, the shopkeeper agrees to give you the product in exchange for money. This is an example of a reciprocal promise where you promise to pay the value of the product and the shopkeeper promises to give you the goods on receipt of the payment.Under Reciprocal Promise both parties promise each other to do something in the future. So, the first promise forms the consideration for the second promise and second promise forms the consideration for the first promise.Learn more about Reciprocal Promise here:
https://brainly.com/question/27882100
#SPJ4
Yang company sold merchandise for $2,000. The event is subject to a state sales tax of 9%. Based on this information, yang would be required to:.
Based on this information, yang would be required to:
Increase assets
Increase revenue
Increase liabilities
What is cash sales?
Cash sales mean selling merchandise whereby cash is collected from the customer instantly as against a promise to pay cash at a future which is applicable to credit sales.
Which accounts are impacted by cash sales?
By receiving cash from merchandise sales, the cash balance of the seller increases, the seller sales revenue would go up by the amount of cash sales and also liabilities would also rise as well.
When sales tax of 9% is deducted from sales revenue, the sum is kept Yang company until a later date when it would be remitted to the relevant tax authority, before then , the withheld sales tax is a liability for Yang company
Find out more about posting in respect of sales on:https://brainly.com/question/14279491
#SPJ1
In a troubled debt restructuring, the total fair value of the consideration given to discharge the obligation will __________ the recorded amount of the debt.
In a troubled debt restructuring, the total fair value of the consideration given to discharge the obligation will always be less than the recorded amount of the debt.
A liability is an obligation by one party, the debtor, to require payment of money or other agreed-upon value to another party, the creditor. An obligation is a deferred payment or series of payments, distinguished from an outright purchase. Debts may be owed by sovereign states or countries, local governments, corporations, or individuals. Commercial debt is generally subject to contractual terms regarding the amount and timing of principal and interest repayments[1]. Loans, bonds, bonds, and mortgages are all types of debt. In financial accounting, liabilities are a type of financial transaction rather than equity.
The term can also be used figuratively to cover moral obligations and other interactions that are not based on monetary value. A person who is helped is sometimes said to be "indebted" to a second person.
Learn more about debt here: https://brainly.com/question/24814852
#SPJ4
What is the difference between an open listing and an exclusive listing goldcoast?
Realtors in the area may compete to find a buyer for the house with an open listing. The sole agent is encouraged to work hard to finalize the deal by an exclusive listing.
A house that is up for sale and can be visited by numerous agents is called an open listing in real estate. The agents compete with one another to sell the property.
The opposite of an open listing is an exclusive listing, in which the property owner engages a real estate agent with the understanding that the agency has the sole authority to represent the owner and sell the property.
To learn more about Open Listing here
https://brainly.com/question/8065359
#SPJ1
A cash payment made by a firm to its owners when some of the firm's assets are sold off is called a: regular cash dividend. special dividend. liquidating dividend. share repurchase.
(a). A cash payment made by a firm to its owners when some of the firm's assets are sold off is called a: Liquidating dividend
What is a dividend?
A dividend is a payment made to shareholders in exchange for their investment in a company. Dividends can be distributed in a variety of ways, including cash payments or additional stock..
More about Liquidating dividend:
A liquidating dividend is a dividend paid by a company during its liquidation process. Liquidation is the process by which a company ceases operations and exits the market. Voluntary or involuntary liquidation (forced). A liquidating dividend is also known as a liquidating distribution or a terminal distribution, as it involves the distribution of semi-liquid and liquid assets among the shareholders of the company. When the operators of a business believe they can no longer sustain operations, they wind down the business and return the assets of the business to shareholders via dividend payments.
Learn more about dividend here:
https://brainly.com/question/2960815
#SPJ4
Many of today's automobiles come equipped with automatic?
Many of today's automobiles come daytime running lights equipped with automatic.
What is daytime running lights ?Daytime running lights are used to increase a vehicle's visibility during the day and warn other motorists when/if they are in their blind spot. This increases visibility and safety. This feature is very helpful for motorcycle safety because daytime running lights make motorcycles more visible.After you turn on your automobile, if the DRL warning light is still on, your headlights may have a bad bulb or a bad circuit.During the day, most drivers turn their headlights off. A DRL enhances road safety by helping drivers see other vehicles quickly.When did DRL become mandatory?
Since 2011, all new vehicles and small vans sold in the EU have been legally required to have DRLs installed in the front. Although some manufacturers opt to install them there as well, it is not obligatory.Learn more about daytime running lights( DRL) brainly.com/question/13520008
#SPJ4
In some cases promotions tailored to specific countries or regions may be more successful than a general campaign because:
In some cases promotions tailored to specific countries or regions may be more successful than a general campaign because each country or region has its own culture.
Factors that affects promotion of goodsThe act of promoting a particular product for sale can be location specific this is because individual and culture varies which also affect the choice of product and how it can be advertised for people to desire the product.
Therefore,
In some cases promotions tailored to specific countries or regions may be more successful than a general campaign because each country or region has its own culture.
Learn more on promotion below
https://brainly.com/question/14772910
#SPJ1
In some cases promotions tailored to specific countries or regions may be more successful than a general campaign because:
A) more than one marketing expert is needed to create successful promotions
B) it costs less to set up several smaller campaigns than one that can be used for all markets
C)there is no need to test the message before starting the campaign
D)each country or region has its own culture
Which two meta solutions enable businesses to communicate privately and instantly with customers?
The two meta solutions that enable people to communicate easily are
Face.bookWhat.sappWhat is meta?This is the term that is used to refer to the social media networks that are known by Mark Zuckerberg.
These are the solutions that are known to solve the issues of communication between friends and families over great distances.
These solutions help to make relationships better. They do this by helping to keep communications open and alive.
Read more on social media here: https://brainly.com/question/13909780
#SPJ1
Property taxes are a major source of revenue for: Multiple Choice state governments. local governments. the federal government. both local governments and school districts. school districts.
Property taxes comprise some of the highest revenue sources for local governments.
Where do local governments get revenue?Local governments are able to source the largest portion of their revenue from property taxes on people living in the area.
This then allows them to fund government activities such as running schools and providing road markings.
Find out more on government sources of revenue at https://brainly.com/question/10987276
#SPJ1
It is most accurate to say that successful niche marketing relies on a firm's ________ and its ________.
It is most accurate to say that successful niche marketing relies on a firm's Greater knowledge of customers need and its special reputation.
What is a marketing niche?A niche has to do with the particular brand or the particular trade that a person that is focused on buying and selling does.
This is to say that the person that is focused here would be successful if they know what their customers demand from them and the ways that they can carry out their activities for a greater reputation. The niche has the brand of the business.
Read more on business niche here: https://brainly.com/question/1519816
#SPJ1
What do inventory, distribution and stimulability results of an articulation evaluation tell a clinician?
Stimulability alludes to the child's capacity to deliver a right or improved creation of the blundered sound given an oral and visual demonstration. Stimulability evaluation is prescribed to be an essential piece of the clinical everyday practice. Stimulable sounds show availability for treatment and the degree to which a sound is stimulable is a key factor in target choice.
The articulatory portrayal is dependent on the way (how a sound is made) and place (where in the vocal tract a sound is made) of consonants, recurrence of the event, and run-of-the-mill time of dominance for the sound.
Dyslalia is characterized as a deficient explanation because of broken learning or variation from the norm of the outer discourse organs and not to sores of the focal or fringe sensory system.
The evaluation of stimulability gives significant prognostic data. In addition, those practices that are most effortlessly invigorated can give brilliant beginning stages to mediation. They regularly lead to intercession achievement faster than other, less stimulable practices.
Learn more about Stimulability here: https://brainly.com/question/26157848
#SPJ4
When approaching a curve the best thing to do is:
When the value of loans begins to drop, the net worth of financial institutions falls causing them to cut back on lending in a process called:
The correct option is a) deleveraging.
When the value of loans begins to drop, the net worth of financial institutions falls causing them to cut back on lending in a process called deleveraging.
What is Deleveraging?Deleveraging is the process by which a business or person tries to reduce their overall financial leverage. Deleveraging, then, is the elimination of debt and the polar opposite of leverage. Paying up any outstanding debts and commitments on an entity's balance sheet right away is the quickest way to deleverage.
The following strategies can be used by a business to reduce its debt:
By offering assets, bonds, and a portion of the firm for less, a company can reduce its debt.It can refinance existing debt to lower interest rates and monthly payments.By spending extra cash from business operations, it can reduce its debt.A publicly traded firm can reduce its debt by issuing more stock.FormulaDeleveraging's effects can be assessed using financial ratios including return on assets, debt-to-equity, and return on equity.
Return on Assets (ROA) = Net Income / Average Assets
Debt-to-Equity Ratio = Total Debt / Total Equity
Return on Equity (ROE) = Net Income / Total Equity
Example:
Company A uses $3 million in equity and $7 million in debt to purchase a $10 million asset. The net income for the year is $600,000.
ROA is 600,000/10,000,000, or 6%.
Debt-to-equity ratio: 2.3x (7,000,000/3,000,000).
ROE is equal to 600,000/3,000,000, or 20%.
Assume that at the end of the year, Company A decided to pay $5,000,000 of liabilities using $5,000,000 of assets. The corporation now has $5,000,000 in assets and $2,000,000 in debt
ROA:
600,000,000/5,000,000=12%
Debt-to-equity ratio: 0.6x (2,000,000/3,000,000).
ROE is equal to 600,000/3,000,000, or 20%.
Investors and lenders will favor scenario 2 over scenario 1 since scenario 2 involves less leverage and the company reports more attractive ratios.
Learn more about Deleveraging and troubled Asset here:
brainly.com/question/24448358
#SPJ4
What value do businesses using the tbl bring to society, and how might society be impacted if tbl were not a common business practice?
Profit, people and planet are the values do businesses using the TBL bring to society.
Especially in today's marketplace, companies that focus on social and environmental responsibility can also boost that more traditional metric: profit. "Using the TBL framework opens up many chances to increase revenues, decrease costs and build loyalty," Horowitz said.
The triple bottom line is a framework for change that businesses and other organizations can use to assist them transition to a more sustainable and regenerative future. The triple bottom line includes tools that assist in measuring, benchmarking, setting goals, enhancing, and finally evolving toward more sustainable systems and models.
The TBL "captures the essence of sustainability by quantifying an organization's influence on the world, including its profitability and shareholder values, as well as its social, human, and environmental capital.
Learn more about triple bottom line here
https://brainly.com/question/17386608
#SPJ4
Case a. kapono farms exchanged an old tractor for a newer model. the old tractor had a book value of $13,000 (original cost of $30,000 less accumulated depreciation of $17,000) and a fair value of $9,200. kapono paid $22,000 cash to complete the exchange. the exchange has commercial substance. case b. kapono farms exchanged 100 acres of farmland for similar land. the farmland given had a book value of $510,000 and a fair value of $720,000. kapono paid $52,000 cash to complete the exchange. the exchange has commercial substance. rev: 06_22_2019_qc_cs-171508, 01_16_2020_qc_cs-195439 1. what is the amount of gain or loss that kapono would recognize on the exchange of the land? 2. assume the fair value of the farmland given is $408,000 instead of $720,000. what is the amount of gain or loss that kapono would recognize on the exchange? what is the initial value of the new land? 3. assume the same facts as requirement 1 and that the exchange lacked commercial substance. what is the amount of gain or loss that kapono would recognize on the exchange? what is the initial value of the new land?
The amount of gain or loss that Kapono would recognize on the exchange of the tractor is: $3,800.
Gain or lossCase A.
1. Amount of gain or loss
Book value of old tractor $13,000
Fair value of old tractor ($9,200)
Loss on exchange to recognized $3,800
Initial value
Fair value of old tractor $9,200
Cash paid to complete the exchange $22,000
Initial value of new tractor $31,200
2. Amount of gain or loss
Book value of old tractor $13,000
Fair value of old tractor $16,000
Gain on exchange to recognized $3,000
Initial value
Fair value of old tractor $16,000
Cash paid to complete the exchange $22,000
Initial value of new tractor $38,000
Case B
1. Amount of gain or loss
Book value of old farmland $510,000
Fair value of old farmland ($720,000)
Gain on exchange to recognized $210,000
Initial value
Fair value of old farmland $720,000
Cash paid to complete the exchange $52,000
Initial value of new land $772,000
2. Amount of gain or loss
Book value of old farmland $510,000
Fair value of old farmland $408,000
Loss on exchange to be recognized $102,000
Initial value
Fair value of old farmland $408,000
Cash paid to complete the exchange $52,000
Initial value of new land $460,000
3. Amount of gain or loss
Gain will not be recognized because the exchange lacked commercial substance.
Initial value
Book value of old farmland $510,000
Cash paid to complete the exchange $52,000
Initial value of new land $562,000
Therefore the amount of gain or loss that Kapono would recognize on the exchange of the tractor is: $3,800.
The complete question is:
Case A.
Kapono Farms exchanged an old tractor for a newer model. The old tractor had a book value of $13,000 (original cost of $30,000 less accumulated depreciation of $17,000) and a fair value of $9,200. Kapono paid $22,000 cash to complete the exchange. The exchange has commercial substance.
1. What is the amount of gain or loss that Kapono would recognize on the exchange of the tractor?
2. Assume the fair value of the old tractor is $16,000 instead of $9,200. What is the amount of gain or loss that Kapono would recognize on the exchange? What is the initial value of the new tractor?
Case B.
Kapono Farms exchanged 100 acres of farmland for similar land. The farmland given had a book value of $510,000 and a fair value of $720,000. Kapono paid $52,000 cash to complete the exchange. The exchange has commercial substance.
1. What is the amount of gain or loss that Kapono would recognize on the exchange of the land?
2. Assume the fair value of the farmland given is $408,000 instead of $720,000. What is the amount of gain or loss that Kapono would recognize on the exchange? What is the initial value of the new land?
3. Assume the same facts as Requirement 1 and that the exchange lacked commercial substance. What is the amount of gain or loss that Kapono would recognize on the exchange? What is the initial value of the new land?
Learn more about gain or loss here:https://brainly.com/question/27311471
#SPJ1
haley learns that someone used her name to open a credit card account which consumer protection agency brainly
The bureau of the consumer protection that has to help Haley is the Federal Trade Commission.
What is the Federal Trade Commission?
This is the name that is used to refer to the bureau of consumer protection in the United States that helps tp protect the consumers in the nation from fraudulent practices.
The bureau is known for the fact that it helps to enforce antitrust laws in the nation. Another thing that the bureau helps to do is to ensure that the people are protected based on finance.
Hence this is the agency that Haley would have to report this issue to.
Read more on the Federal Trade Commission here
https://brainly.com/question/4716509
#SPJ1
_____ are the link between public companies and the investors interested in buying their stock.
Stockbrokers are the link between public companies and investors interested in buying their stock.
A stockbroker is a regulated broker, broker-dealer, or registered investment adviser (in the United States) who can carry out transactions for financial market participants, including the buying and selling of stocks and other investments, in exchange for a commission, markup, or fee that may be based on a flat rate, a percentage of assets, or an hourly rate. The phrase also refers to financial institutions that provide these services.
A stockbroker is held to a great deal of accountability. They must stay current on the most recent tax legislation, market analysis, and financial news in addition to managing their clients' money in order to give them the highest return.
A stockbroker's main responsibility is to act as a broker in the sale of stocks and other investments. A stockbroker works for an investment company and typically receives a commission for recommending mutual funds, stocks, and bonds to potential clients.
To know more about stockbroker refer to: https://brainly.com/question/14915473
#SPJ1
Which of the following health issues relates to both carbohydrate metabolism and the consumption of dairy products
The following health issues relates to both carbohydrate metabolism and the consumption of dairy products is option D. all of the above
What disease does dairy products cause?Milk and other dairy products are the top source of saturated fat in the American diet, contributing to heart disease, type 2 diabetes, and Alzheimer's disease. Studies have also linked dairy to an increased risk of breast, ovarian, and prostate cancers.
Therefore, the correct answer is option D. all of the above
The complete question goes thus:
Which of the following health issues relates to both carbohydrate metabolism and the consumption of dairy products
A. type 2 diabetes mellitus
B. heart disease
C. polycystic ovary syndrome
D. All of the above
learn more about dairy products: https://brainly.com/question/1431669
#SPJ1
A merchant sued a company for breach of contract, alleging that the products she purchased failed to conform to contract specifications. Shortly before the trial was to begin, the merchant suffered a stroke that left
The Court will rule the Objection in the following manner : -
The right Response will be Option D.
Overruled because the merchant's claim was made beyond the parameters of the privilege according to the circumstances in which it was made.
Reasons to overrule the Argument:It's likely that the semi-pro team's owner will win. Although the parties referred to the $500 per week damages as a "penalty," it actually functions as a fair liquidated damages clause. If the sum agreed upon is a fair prediction of compensatory damages in the case of a breach and I damages are difficult to determine at the time the contract is created, the parties to the agreement may specify what damages are to be paid in the event of a breach. This situation satisfies these requirements. The owner estimated that it would cost him several thousand dollars to hire a new management in the middle of the season, which seems like a realistic estimate of the compensatory damages.
To learn more about Court Rule, click the links.
https://brainly.com/question/2407362
https://brainly.com/question/9882015
#SPJ4
Correct Question - A merchant sued a company for breach of contract, alleging that the products she purchased failed to conform to contract specifications. Shortly before the trial was to begin, the merchant suffered a stroke that left her paralyzed and virtually unable to communicate. Her guardian was properly substituted as the plaintiff in the lawsuit. At trial, following presentation of the plaintiff's case, the company calls as a witness a priest to question him about a conversation he had with the merchant at a church fundraiser. In this conversation, the merchant told the priest in confidence that the products she received were actually quite functional, but that she had become aware of a lower price being offered by another vendor, and thus wanted to get out of her contract with the company. The plaintiff's attorney immediately objects on the basis of clergy-penitent privilege.
How should the court rule on the objection?
A Sustained, because the merchant's statement was made to the priest in confidence.
B Sustained, because this is not a criminal case.
C Overruled, because the privilege can be invoked only by the person who made the confidential statement.
D Overruled, because the circumstances under which the merchant made the statement take it outside the scope of the privilege.
Howard is assessing the legal risks to his organization based upon its handling of PII. The organization is based in the United States, handles the data of customers located in Europe, and stores information in Japanese datacenters. What law would be most important to Howard during his assessment
If Howard is assessing the legal risks to his organization based upon its handling of PII. What law would be most important to Howard during his assessment are: Japanese law, European union law, U.S. law
What is Legal risks?Legal risks has to do with legal matters or issues that arises for non compliance with a rules and regulation and can be defined as the risks that a person face for not abiding by the law that related to the person business.
Hence, If Howard is assessing the legal risks to his organization based upon its handling of PII what law would be most important to Howard during his assessment are Japanese law, European union law, U.S. law as all the law will tend to have equal weight.
Learn more about legal risks here:https://brainly.com/question/26463698
#SPJ1
You have just opened a new Italian restaurant in your hometown where there are three other Italian restaurants. Your restaurant is doing a brisk business and you attribute your success to your distinctive northern Italian cuisine using locally grown organic produce. What is likely to happen to your business in the long run
Your success will invite others to open competing restaurants and ultimately your profits will be driven to zero.
What is Managerial Economics?A subfield of economics called managerial economics deals with the use of economic principles in managerial decision-making. Economics is the study of how products and services are produced, distributed, and consumed. In managerial economics, choices on how to distribute finite resources are made using economic theories and principles.Economic frameworks are used by managers to maximize earnings, resource allocation, and overall firm production while enhancing productivity and reducing wasteful activities. These frameworks analyze real-world issues at the micro and macroeconomic levels in order to help firms make intelligent, forward-thinking decisions. Managerial economic techniques help to guide managers in these decisions. Managerial decisions entail forecasting (making decisions about the future), which involves levels of risk and uncertainty.When trade or business is brisk, a lot of money is being made and goods are being sold extremely quickly. Souvenir vendors were doing good business. Since, the restaurant is doing a brisk business, this success will invite others to open competing restaurants and ultimately your profits will be driven to zero.
Know more about Managerial Economics with the help of the given link:
https://brainly.com/question/20353892
#SPJ4
What are called public services? Give any five examples.
Answer:
Supplying gas or electricity MilitaryPublic transportation ( Bus, Trains+)Emergency services Public broadcasting ( includes television, radio+)Explanation:
hopefully this helps !
Explanation:
Supplying gas or electricityMilitaryPublic transportation ( Bus, Trains+)Emergency servicesPublic broadcasting ( includes television, radio+)Thanking myself for the wonderful answer <33