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Question: Business Law
Al is driving down the street when he takes his eyes off the road to look at a billboard advertising Coca Cola. Due to his negligence his automobile collides with another automobile, so that auto hits a light pole containing an electric transformer. The light pole strikes a pedestrian, Sam, injuring him severely. When the transformer hits the ground, it causes a short-circuit, which causes electricity to go out for two days in two-state area, New York and Connecticut, which has many business establishments and residential housing. Al is sued by Sam, the business establishments (who lose profits), and home owners (whose food goes bad). For what damages is Al liable? Give legal reasons for your answer based on the law of negligence.
explain the following statement while the balance sheet can be thought of as a snapshot of the firms financial
A person wanting to lock in an exchange rate for the payment of a foreign-currency obligation to someone else would:
The phase of accounting concerned with providing information to managers for use in planning and controlling operations and in decision making is called:
Suppose the market value of a firm's equity is worth $100m and the market value of its debt is worth $50m. Also, assume equity beta and debt beta to be 1.2 and 0.3 respectively.
a stock with a current price of 25 will either move up to 32 or down to 20 over the next period. the risk-free rate of
The day after Kenny died, Melissa gave Kenny's children and grandchildren each $22,000 then left for France to stay with her mother. Would a deduction on Kenny's final income tax return for the unpaid medical expenses be available?
What's the 3m interest rate that the bank can lock in today? Use www.cmegroup.com to answer the actual interest rate in percentage per annum. Include the screenshot of the source.
From your perspective, what are the benefits and drawbacks of each of the three alternatives for buying a motor vehicle?
calculate the duration of a one-year fixed payments loan with monthly payments of 150 and yield to maturity of 12. use
What is the probability that the service time is negative under the normal distribution assumption? Why is this probability greater than zero?
Dabble, Inc. has sales of $978,000 and cost of goods sold of $517,000. The firm had an average inventory of $45,000.
explain what banks show as liabilities and assets on their balance sheets. how do these liabilities and assets differ
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