A common carrier bailee generally would avoid liability for loss of goods entrusted to its care if the goods area. Stolen by an unknown person.b. Negligently destroyed by an employee.c. Destroyed by the derailment of the train carrying them due to railroad employee negligence.d. Improperly packed by the party shipping them

Answers

Answer 1

Answer:

Answer:

The correct answer is letter "D": Improperly packed by the party shipping them.

Explanation:

Carriers are liable for the loss of goods being transported by them under three scenarios: acts of God (because they are unpredictable), acts of the shipper (negligence of the person providing with the goods being transported), and acts of a public enemy (a country engaging into the war).

In that case, the carrier is likely not to be found liable if the shipping items were incorrectly packaged the sending party.

Related Questions

If a purchasing agent must put up a cash deposit for construction services, for security purposes, instead of giving it directly to the contractor, he or she may insist that it be placed in a(n):
At December 31, 2018, Novak Corp. Company had a credit balance of $ 18,000 in Allowance for Doubtful Accounts. During 2019, Novak Corp. wrote off accounts totaling $ 13,300. One of those accounts ($ 3,200) was later collected. At December 31, 2019, an aging schedule indicated that the balance in Allowance for Doubtful Accounts should be $ 27,200. Prepare journal entries to record the 2019 transactions of Novak Corp. Company
The following cost data relate to the manufacturing activities of Chang Company during the just completed year: Manufacturing overhead costs incurred: Indirect materials $ 17,000 Indirect labor 150,000 Property taxes, factory 10,000 Utilities, factory 90,000 Depreciation, factory 147,000 Insurance, factory 12,000 Total actual manufacturing overhead costs incurred $ 426,000 Other costs incurred: Purchases of raw materials (both direct and indirect) $ 420,000 Direct labor cost $ 80,000 Inventories: Raw materials, beginning $ 22,000 Raw materials, ending $ 32,000 Work in process, beginning $ 42,000 Work in process, ending $ 72,000 The company uses a predetermined overhead rate of $20 per machine-hour to apply overhead cost to jobs. A total of 21,700 machine-hours were used during the year. Required: 1. Compute the amount of underapplied or overapplied overhead cost for the year. 2. Prepare a schedule of cost of goods manufactured for the year.
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Compute the amount of raw materials used during August if $39,000 of raw materials were purchased during the month and the inventories were as follows:Col1 Inventories Raw materials Work in process Finished goods
Col2 Balance August 1 $3,500 $12,000 $18,000
Col3 Balance August 31 $3,600 $10,000 $16,000

Answers

Answer:

$38,900

Explanation:

The formula and the computation of raw material used is shown below:

Raw material used = Beginning balance of raw material + purchase made during the year - ending balance of raw material

= $3,500 + $39,000 - $3,600

= $38,900

Simply we added the purchased amount and deduct the ending balance of raw material to the beginning balance of raw material so that the accurate amount can come

A good description of source inspection is inspecting: materials upon delivery by the supplier.
the goods at the production facility before they reach the customer.
the design specifications. goods at the supplier's plant.
one's own work.

Answers

Answer:

the goods at the production facility before they reach the customer.

Explanation:

A source inspection is the quality inspection in which the buyers need the quality check before the material is received and come sunder the total quality management.

Imagine that you are holding 5,000 shares of stock, currently selling at $40 per share. You are ready to sell the shares but would prefer to put off the sale until next year for tax reasons. If you continue to hold the shares until January, however, you face the risk that the stock will drop in value before year-end. You decide to use a collar to limit downside risk without laying out a good deal of additional funds. January call options with a strike of $45 are selling at $2, and January puts with a strike price of $35 are selling at $3. 1. What will be the value of your portfolio in January (net of the proceeds from the options) if the stock price ends up at:
(a) $30
(b) $40
(c) $50
2. Compare these proceeds to what you would realize if you simply continued to hold the shares.

Answers

Answer:

1. What will be the value of your portfolio in January (net of the proceeds from the options) if the stock price ends up at:

(a) $30 ⇒ $170,000

(b) $40 ⇒ $195,000

call strike price $45

call premium received $2

put strike price $35

put premium paid $3

you pay $2 - $3 = -$1

stock price

$30 $40 $50

stock value $30 $40 $50

put value $5 - -

call value - - -$5

premium paid -$1 -$1 -$1

net stock value $34 $39 $44

total # of stocks 5,000 5,000 5,000

portfolio's value $170,000 $195,000 $220,000

2. Compare these proceeds to what you would realize if you simply continued to hold the shares.

if you hold the stocks:

(a) $30 ⇒ $150,000 - $170,000 = -$20,000 (you gain by using a collar)

(b) $40 ⇒ $200,000 - $195,000 = $5,000 (you lose by using a collar)

If you were a career woman and time for you to love to do becomes a problem,which would you prefer to use of your baking needs— a commercial prepared mix or a home prepared mix?What important factors did you consider in making your choice?

Answers

Answer:

Just Choose an side.

Explanation:

Would you rather use a store-bought mix, or a homemade mix? (Just choose one).

For homemade: I chose this because I would like to try something new and make different flavors, if it is a success.

For store-bought: I chose this because I want it to be easy for me to make, and has all the steps on the back of the box.

In June 2007 General Motors (GM) posted a price-earnings ratio of 9.84. Ifthe price of the stock at that time was $36 per share, which of the following
must have been true?
a. GMâs earnings per share was 3.66.
b. GMâs coupon payment was $35 per year.
c. GMâs dividend yield for the year was 26%.
d. GMâs revenues that month were $366 million.

Answers

Answer:

General Motors (GM)

If the price of the stock at that time was $36 per share, the true statement is:

a. GM's earnings per share was 3.66.

Explanation:

a) Data and Calculations:

Price-earnings ratio = 9.84

Market price of stock at that time = $36 per share

Earnings per share = Market price per share/Price-earnings ratio

= $36/9.84 = 3.659

= $3.66

Check:

Price-earnings ratio = Market price per share/Earnings per share

= 9.84 ($36/$3.66)

A Canadian apple farmer buys fertilizer from a U.S. based firm located near the Canadian border. The apple farmer receives a guarantee of payment from a Canadian bank and sells the guarantee in the secondary market. The risk of the banker’s acceptance depends most likely on the:a. Apple farmer.
b. U.S. fertilizer firm.
c. Canadian bank.
d. Apple market

Answers

Answer:

Explanation:

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The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost drivers it uses in its budgeting and performance reports—the number of courses and the total number of students. For example, the school might run two courses in a month and have a total of 62 students enrolled in those two courses. Data concerning the company’s cost formulas appear below: Fixed Cost per Month Cost per Course Cost per Student Instructor wages $ 2,960 Classroom supplies $ 270 Utilities $ 1,220 $ 75 Campus rent $ 4,800 Insurance $ 2,300 Administrative expenses $ 3,900 $ 44 $ 7 For example, administrative expenses should be $3,900 per month plus $44 per course plus $7 per student. The company’s sales should average $890 per student. The company planned to run four courses with a total of 62 students; however, it actually ran four courses with a total of only 56 students. The actual operating results for September appear below: Actual Revenue $ 52,280 Instructor wages $ 11,120 Classroom supplies $ 16,590 Utilities $ 1,930 Campus rent $ 4,800 Insurance $ 2,440 Administrative expenses $ 3,936 Required: 1. Prepare the company’s planning budget for September. 2. Prepare the company’s flexible budget for September. 3. Calculate the revenue and spending variances for September.