Reference no: EM131106295
Business Law Analysis
Tort law
In the basic negligence rule that everyone must take "reasonable care" to avoid injury to others, reasonable care can vary with time and place and with the relationship between people, so that the same conduct might be considered negligent in one instance but not in another.
In the following scenarios, use the framework for identifying business/legal issues to identify, explain and provide a solution for each:
Example 1: A delivery driver is completing his daily route and is approaching an intersection which allows him the right of way on a green light. He must suddenly brake for a pedestrian who walked out in front of his truck and proceeded to walk across the street against a red light. The delivery truck driver fails to stop in time and hits the pedestrian causing serious personal injuries.
Example 2: A delivery driver is completing his daily route and is approaching an intersection which signals a red light for him to stop. He does so, but when the light turns green, the vehicle ahead of him does not proceed. The delivery truck driver becomes agitated and accelerates, hitting the vehicle ahead of him, causing personal injury to the driver of that vehicle.
Example 3: A delivery driver is completing his daily route and during a severe snow storm, his truck slides off the road and hits a corner store causing severe property damage and injuring an employee.
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What amount should be reported as grant revenues
: In connection with the grants for the purchase of school buses and bus maintenance, what amount should be reported as grant revenues for the year ending June 30, 2011, when using modified accrual accounting?
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How much property tax revenue should be reported
: How much property tax revenue should be reported by the general fund on the statement of revenues, expenditures, and changes in fund balances prepared for the year ended December 31, 2011?
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Assume that interarrival and service times
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Calculate christie''s cash conversion cycle
: . Christie's payables deferral period is 40 days. a. Calculate Christie's cash conversion cycle. b. Assuming Christie holds negligible amounts of cash and marketable securities, calculate its total assets turnover and ROA.
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Question regarding the business law analysis
: In the basic negligence rule that everyone must take "reasonable care" to avoid injury to others, reasonable care can vary with time and place and with the relationship between people, so that the same conduct might be considered negligent in one ..
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Determine the most likely diagnosis for the patient
: Select one of the four case studies of skin disorders. Analyze the skin disorder in the case you selected including lesion type, lesion distribution, color, and any ancillary findings.
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What is the length of prestopino''s cash conversion cycle
: Prestopino allows its customers 40 days in which to pay for the batteries, and the firm generally pays its suppliers in 30 days. a. What is the length of Prestopino's cash conversion cycle? b. At a steady state in which Prestopino produces 1,500 batt..
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Describe ethical relativism
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Customers arrive per hour at a small post office
: On average, 50 customers arrive per hour at a small post office. Interarrival times are exponentially distributed. Each window can serve an average of 25 customers per hour. Service times are exponentially distributed.
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