Reference no: EM131071677
Your company has recently hired a new person.
Shortly after this individual begins work, the company receives a "garnishment order." This court order specifies that a certain percentage of the employee's salary must be deducted each paycheck in order to satisfy a money judgment that has been entered against the employee.
After complying with the court order order for several paychecks, the company receives another court order to stop paying the garnishment (it turns out the employee was not notified of the proceedings that lead to a money judgment against him).
A few months later, in the same case (it is a divorce case), the company receives ANOTHER court order directing the company to "garnish" a percentage of the employee's wages.
The boss shows up at your door.
"This is too much," he says. "I want to get rid of this guy because these garnishment orders are driving me crazy."
1. What would you advise the boss - about firing the employee for the garnishment orders, and about garnishment generally?
A month later another garnishment order arrives - this time for a different case; a judgment was entered against the employee in a personal injury case (a car accident), the employee had proper notice of the court proceedings but chose not to defend, and judgment was entered against him.
2. Would your advice to your boss change? How?
What business forms would you recommend and why
: Mickey and Sam want to formally organize their business. What business forms would you recommend and why? Analyze all relevant business organization types
|
Draw payoff matrix illustrating this game
: Two bike riders, Floyd and Lance, are scheduled to race. Each wants to maximize his chance of winning the race; neither has any reservations about taking steroids if that will help win the race. If both take steroids, each has a 50 percent chance of ..
|
Impacts of carbon tax on electricity producers
: Graphically show the impacts of a carbon tax on electricity producers. Using another graph, illustrate how a tax compares to a uniform air quality standard that imposes fees on electricity producers in non-compliance. Briefly discuss which policy is ..
|
Substitute for coal in the production of electricity
: Generally wind turbines can substitute for coal in the production of electricity. Imagine a breakthrough in the production of wind turbines reduces the cost of generating electricity with wind by 50%. How would this alter the incentive to find and pr..
|
Employee for the garnishment orders
: Shortly after this individual begins work, the company receives a "garnishment order." This court order specifies that a certain percentage of the employee's salary must be deducted each paycheck in order to satisfy a money judgment that has been..
|
How the resulting price and extraction paths change
: When total extraction volumes are limited by an outside entity, such as OPEC, what happens to the price of that resource? Graphically illustrate how the resulting price and extraction paths change.
|
What is the purpose of interruptible load programs
: Why might the electricity industry offer to pay large consumers of electricity to stop using electricity during periods of high demand? Put another way, what is the purpose of interruptible load programs?
|
To identify how an element functions
: The quote will derive from a section of the assigned reading that the student considers interesting, unusual or challenging. In choosing a quote, it is important to consider whether or not a passage is rich enough to enable sustained analysis.
|
Drive the economy to the golden rule steady-state
: An economy is described by the following equations: Yt(subscript) = K0.5t(subscript) L0.5, s = 0.2, δ = 0.1 (no population growth). Find the steady state values for k,y,c,i (all expressed in per-capita form) What are the values of k and y if the econ..
|