Jim agreed to show Donna's car to a potential buyer. Donna was not able to be home since she had to attend a meeting. After showing the car, Jim left the keys in it and the car was stolen. Which statement is correct?
a. Since Jim is a gratuitous agent, he will only be liable for the loss of the car if his conduct constitutes gross negligence.
b. Since Jim is a gratuitous agent, he will be liable for the loss of the car if his conduct constitutes ordinary negligence.
c. Since Jim is a gratuitous agent, he has no liability for the car.
d. Since Jim is a gratuitous agent, he is strictly liable for the loss of the car.
a
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SHARE is trying to determine how many clients must be serviced in order to cover its monthly service overhead. Using the high-low method, it has determined that the variable cost per client is $800 and that the monthly fixed overhead is $28,000. Assuming an average fee of $1,200 per client, the breakeven point per month is
a. 35 clients. b. 80 clients. c. 70 clients. d. 55 clients.
Answer the following statements true (T) or false (F)
1. Facebook is considered a type of information network. 2. Within an information network, customers and suppliers have direct communication. 3. The phenomenon of employees working in the evenings and weekends through their various devices is called “the second shift.” 4. Approximately half of all employees admit to using their work computers for personal use.
What liabilities are placed on states or person, by international conventions, for causing environmental damage?
What will be an ideal response?
Raymond estimates the fixed costs associated with opening a new bank branch are $500,000. He estimates the branch will attract 1,000 new customers who will cost $50/year to service each of their accounts. He also expects to generate $100,000 in fees annually from these accounts. What will be the total cost of opening the new branch and remaining open for one year?
What will be an ideal response?