Permanent police presence

Assignment Help Accounting Basics
Reference no: EM133247133

The manager of NP Oil Company is seeking police protection for the duration of a strike at the Head Office. The police suggested that a mobile patrol would be adequate, but the manager insisted on a permanent police presence because of pending lawlessness by strikers. The manager then offered to pay the Police, if they will provide a permanent presence on the site during the duration of the strike.

The police agreed to provide 10 officers at a rate of $100 per day per officer for the entire strike period, which lasted two (2) weeks. The Commissioner of Police a few weeks later, sent an invoice to NP Oil Company for the two weeks services provided. However, NP refused to pay. NP argued that the Police are under a duty to protect and serve the company from any pending lawlessness and or violence, and as such they do not have to pay for the Police performing such services.

The Commissioner of Police has sought your advice on this matter. Kindly advise him.

Using IRAC mode.

Reference no: EM133247133

Questions Cloud

What clauses should be included in the contracts : You work in the Purchasing Department of General Motors. Your responsibility is to obtain necessary supplies and equipment through negotiations and then to draf
Departments of insurance to become an admitted insurer : Describe what must it do with the states' departments of insurance to become an admitted insurer.
What are the basic necessities of a contract : GM wants to build a new auto called the Whiplash. It will be a break through car in terms of fuel and speed. For fuel, it will use a formula called ABC which is
Discuss potential liability for pizza pizza pizza : Junior has worked as a delivery driver for Pizza Pizza Pizza Inc. for two years delivering pizzas and other food items using his personal automobile with a prom
Permanent police presence : The manager of NP Oil Company is seeking police protection for the duration of a strike at the Head Office. The police suggested that a mobile patrol would be a
Assess the importance of the caribbean court of justice : Assess the importance of the Caribbean court of Justice to the execution and administration of justice within the commonwealth Caribbean using supporting cases
What is the purpose of the java virtual machine : Using the Java API, describe what the Java Math class's max method does? What is the purpose of the Java Virtual Machine?
Explain the employment discrimination : Which of the following legislation provides that United States citizens working abroad for American-owned or American-controlled companies are protected from em
Woman with down syndrome death stands : For approximately eight years, Florence Girard had been living in Dahl's house under a residential home-sharing arrangement, a caregiving model in which the car

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd