Gilbert Moss and Angela eological sites in the Southwes ns. After college they made u aic Tiles, Ltd. They opened the al clay they intend to use to ma
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- Common law is based on the English legal system. True False Question 2 Case law is body of judge-made laws. True False Question 3 State courts are under the control of the U.S. Supreme court. True False Question 4 A ruling in a tort case that is designed to compensate a plaintiff for their loss is known as: Punitive Locked Out Locked In Compensatory 5.A ruling in a tort case that is designed to compensate a plaintiff for their loss is known as: Negotiation Arbitration Mediation RetaliationA. CASE: FABULOUS FABRICS, Inc. Mwiinga was recently promoted to the managing director's position at Bwino Fabrics, Inc. in Mufulira. In her new position, Mwiinga first compared the actual revenues and expenses of the company with desired results. Armed with this analysis, he formulated the future course of action for Bwino Fabrics. Mwiinga transmitted her revenue and expense analysis to outsiders such as bankers and other analysts and distributed her desired future course of action for Bwino Fabrics to his subordinates. All these groups then provide him with feedback through reports. Mwiinga is confident he can lead the company into a prosperous future. Unfortunately the company has just made changes in the way it manufactures and markets its products. These changes are producing issues associated with employee motivation and satisfaction. The company has sent some of their manufacturing offshore to South Africa, and their plants have been restructured into self-directed work teams.…1. Ramon and Ingrid work in the field of public relations and incur sizable entertainment expenses. Ramon is employed by a consumer products company, while Ingrid is a self-employed consultant. Regarding the tax treatment of the entertainment expenses, when would: a. Ramon be better off than Ingrid? b. Ingrid be better off than Ramon? . 2. The services are performed at Sueâs premises. 3. Sue does not work for other parties. 4. Lynn determines when the services are to be performed. 5. Sue has unreimbursed expenses. 6. by Lynn. 7. helpers. 8. Sue charges by the hour for her work. 9. Sue files a Form 2106 with her Form 1040. 10. Sue files a Schedule SE with her Form 1040. 11. Sue uses her own tools. Match the statements that relate to each other. (Note: Choice L may be used more than once.) a. Must involve the same trade or business b. Must be for the convenience of the employer c. Meals while in route d. Lodging while in route e. Out-of-town job assignment lasts for more…
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- Case 1 The family of Jack were away on a winter vacation in California when a storm off a large branch from a tree. The branch landed on the roof of their home and causing severe damage. The neighbor of Jack, named Jill, realized that if the roof will not be quickly repaired, its furniture, fixture and carpets would be badly damaged. Jill had no way of contacting Jack. In her own initiative, she contacted two builder firms and obtained a quotation from each of them. Jill paid the builder for the cost of damage. Is Jill entitled to be reimbursed? Can invoke agency by necessity? Please state your reasons. Case 2 Joker purports to accept the offer of John to sell a large quantity of crops to Peter and without authority coming from the principal, Peter. Before its delivery date, John learned that Joker has no authority. John sold the crops to other party because he cannot wait for the ratification of the agreement from the principal as the crops need to be disposed off as quickly as…Bryan was recently hired by a large X Chemical company, to oversee the construction of production facilitiesto produce a new product. X Chemical developed a new industrial lubricant which it felt could be producedat a price close to those of its competitors. The plant to manufacture the lubricant was built on land adjacentto the East River. X Chemical had already applied for and received the necessary permit that allows thecompany to dump waste materials in to the river. Several other chemical plants in the near vicinity are alsoreleasing their waste materials into the river.Bryan is concerned because the government agency which oversees the permit process has granted XChemical a permit to release more waste in the river than previously anticipated. An additional stage in theproduction process which would have reduced the waste and recycled some materials became unnecessarydue to the regulatory agency's decision. Because the additional process would have added capital andproduction…15. Jay Seago is suing the manufacturer of his car for $3.5 million because of a defect that he believes caused him to have an accident. The accident kept him out of work for a year. The company has offered him a settlement of $700,000, of which Jay would receive $600,000 after attorneys' fees. His attorney has advised him that he has a 50% chance of winning his case. If he loses, he will incur attorneys' fees and court costs of $75,000. If he wins, he is not guaranteed his full requested settlement. His attorney believes that there is a 50% chance he could receive the full settlement, in which case Jay would realize $2 million after his attorney takes her cut, and a 50% chance that the jury will award him a lesser amount of $1 million, of which Jay would get $500,000. Using decision tree analysis, decide whether Jay should proceed with his lawsuit against the manufacturer.