Compare and contrast a summary judgment and a directed verdict
Both a summary judgment and a directed verdict are final, binding judicial determinations on the merits of a case. However, a summary judgment is made by the judge before a trial and a directed verdict is made by the judge after a trial has begun but before the jury renders a verdict. A summary judgment is granted if the evidence disclosed by discovery is so clear that a trial to determine facts is unnecessary. A summary judgment is a determination that the moving party should prevail as a matter of law because there are no issues of fact to be determined by trial. With a directed verdict, if the judge concludes that the evidence, which is assumed for the purposes of the motion to be true, would not be sufficient for the jury to find in favor of the plaintiff, then the judge will grant a directed verdict in favor of the defendent.
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The following data is for the Matt Company for 2018: Loss on sale of equipment$4,000 Purchase of Ithaca Corp. bonds (face value $400,000) 375,000 Proceeds from sale of machinery 200,000 Dividends paid 25,000 Proceeds from sale of treasury stock 100,000 The amount reported as net cash from financing activities is:
A. $ 30,000. B. $ 75,000. C. $ 80,000. D. $ (25,000).
Which of the following is true with regard to the federal Electronic Funds Transfer Act?
a. It is primarily a regulatory statute. b. It gives the same protections to customers that are found in Article 4. c. It limits a customer's liability for unauthorized transfers to $50 if the consumer notifies the financial institution within two days after learning of the loss or theft. d. All of these.
A promotion mix can be defined as communication about an organization and its products that is intended to inform, persuade, or remind target-market members.
Answer the following statement true (T) or false (F)
New general partners may usually be admitted to a limited partnership
A. by permission of the managing partner. B. by completing an application for admission to limited partnership. C. with the unanimous written consent of all partners. D. if there is sufficient income to pay the new partner’s salary.