GZ
Gabrielle Zepnick
Answers (6)
GZ
Answered
Wen purchased an automobile from Nick for $10,000. Unknown to Wen, Nick had used the automobile as security for a loan from his bank, and the bank had registered its security interest in the automobile under the provincial personal property security registration legislation. A few months after the sale, Nick defaulted on the loan, and the bank discovered that Wen was in possession of the automobile. Nick is liable to Wen for breach of warranty of title, if the bank should seize the automobile.
On Jul 21, 2024
True
GZ
Answered
The FDIC insures deposits in:
A) all the commercial banks across the U.S.
B) Federal Reserve member banks only.
C) any banking institution that sells FDIC insurance.
D) any banking institution that purchases FDIC insurance.
E) any bank approved by the Fed.
A) all the commercial banks across the U.S.
B) Federal Reserve member banks only.
C) any banking institution that sells FDIC insurance.
D) any banking institution that purchases FDIC insurance.
E) any bank approved by the Fed.
On Jul 17, 2024
D
GZ
Answered
What is the difference between a collective movement (such as a fad or trend)and a social movement?
On Jun 21, 2024
A collective movement, often referred to as a fad or trend, and a social movement are both types of group actions, but they differ significantly in their purposes, durations, and impacts.
A collective movement, such as a fad or trend, is typically characterized by a short-term burst of interest in a particular behavior, style, or activity. These movements are often driven by cultural, economic, or social factors and can spread rapidly through a population. Fads and trends are usually associated with consumer behaviors, such as the popularity of a particular fashion style, technology, or hobby. They are generally superficial in nature and do not seek to create deep or lasting changes in society. Instead, they reflect the transient preferences and interests of a group of people at a particular time.
In contrast, a social movement is a more organized and sustained effort by a large group of people to achieve a specific goal, often related to social change. Social movements are typically focused on addressing social, political, or environmental issues and seek to alter the status quo by challenging existing power structures and advocating for reforms. They can be driven by a shared ideology or a collective sense of injustice among the participants.
Social movements often involve a series of campaigns, demonstrations, and other forms of activism, and they can last for years or even decades. They aim to bring about significant changes in laws, policies, social norms, or cultural practices. Examples of social movements include the civil rights movement, the feminist movement, the environmental movement, and the LGBTQ+ rights movement.
In summary, while both collective movements (fads or trends) and social movements involve groups of people acting collectively, they differ in their objectives, scope, and duration. Collective movements are typically ephemeral and focused on lifestyle or consumer choices, whereas social movements are long-term, organized efforts aimed at achieving substantial social transformation.
A collective movement, such as a fad or trend, is typically characterized by a short-term burst of interest in a particular behavior, style, or activity. These movements are often driven by cultural, economic, or social factors and can spread rapidly through a population. Fads and trends are usually associated with consumer behaviors, such as the popularity of a particular fashion style, technology, or hobby. They are generally superficial in nature and do not seek to create deep or lasting changes in society. Instead, they reflect the transient preferences and interests of a group of people at a particular time.
In contrast, a social movement is a more organized and sustained effort by a large group of people to achieve a specific goal, often related to social change. Social movements are typically focused on addressing social, political, or environmental issues and seek to alter the status quo by challenging existing power structures and advocating for reforms. They can be driven by a shared ideology or a collective sense of injustice among the participants.
Social movements often involve a series of campaigns, demonstrations, and other forms of activism, and they can last for years or even decades. They aim to bring about significant changes in laws, policies, social norms, or cultural practices. Examples of social movements include the civil rights movement, the feminist movement, the environmental movement, and the LGBTQ+ rights movement.
In summary, while both collective movements (fads or trends) and social movements involve groups of people acting collectively, they differ in their objectives, scope, and duration. Collective movements are typically ephemeral and focused on lifestyle or consumer choices, whereas social movements are long-term, organized efforts aimed at achieving substantial social transformation.
GZ
Answered
_____ approach is often called the laissez-faire leadership.
On Jun 17, 2024
Free-rein leadership
GZ
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Henry buys Frank's used car for $5,000. The car is in great shape and Henry leaves town in it. Henry paid Frank with a cashier's check, but later decided that he would rather not pay at all. Accordingly, Henry told the bank the check was stolen. What rights, if any, does Frank have, and what liabilities and other problems, if any, does Henry face?
On May 21, 2024
Frank may sue and recover against Henry for breach of warranty, and Henry is also liable for bank fraud.
GZ
Answered
The management of Landstrom Corporation would like to set the selling price on a new product using the absorption costing approach to cost-plus pricing. The company's accounting department has supplied the following estimates for the new product:
Management plans to produce and sell 6,000 units of the new product annually. The new product would require an investment of $1,036,200 and has a required return on investment of 10%.Required:a. Determine the unit product cost for the new product.b. Determine the markup percentage on absorption cost for the new product.c. Determine the selling price for the new product using the absorption costing approach.
Management plans to produce and sell 6,000 units of the new product annually. The new product would require an investment of $1,036,200 and has a required return on investment of 10%.Required:a. Determine the unit product cost for the new product.b. Determine the markup percentage on absorption cost for the new product.c. Determine the selling price for the new product using the absorption costing approach.On May 18, 2024
a.The unit product cost is:
![a.The unit product cost is: b.Selling and administrative expenses = ($4.00 × 6,000) + $30,000 = $54,000Markup percentage on absorption cost = [(Required return on investment (ROI) × Investment) + Selling and administrative expenses] ÷ [Unit product cost × Units sales]= [(10% × $1,036,200) + ($54,000)] ÷ [$71 × 6,000]= [$103,620 + $54,000] ÷ [$426,000]= $157,620 ÷ $426,000= 37%c.The selling price is determined as follows:](https://d2lvgg3v3hfg70.cloudfront.net/TB8314/11eb6b8f_62f9_1b38_bf83_9b7a8f060a9c_TB8314_00.jpg)
b.Selling and administrative expenses = ($4.00 × 6,000) + $30,000 = $54,000Markup percentage on absorption cost = [(Required return on investment (ROI) × Investment) + Selling and administrative expenses] ÷ [Unit product cost × Units sales]= [(10% × $1,036,200) + ($54,000)] ÷ [$71 × 6,000]= [$103,620 + $54,000] ÷ [$426,000]= $157,620 ÷ $426,000= 37%c.The selling price is determined as follows:
![a.The unit product cost is: b.Selling and administrative expenses = ($4.00 × 6,000) + $30,000 = $54,000Markup percentage on absorption cost = [(Required return on investment (ROI) × Investment) + Selling and administrative expenses] ÷ [Unit product cost × Units sales]= [(10% × $1,036,200) + ($54,000)] ÷ [$71 × 6,000]= [$103,620 + $54,000] ÷ [$426,000]= $157,620 ÷ $426,000= 37%c.The selling price is determined as follows:](https://d2lvgg3v3hfg70.cloudfront.net/TB8314/11eb6b8f_62f9_4249_bf83_3d2552eee5c1_TB8314_00.jpg)
b.Selling and administrative expenses = ($4.00 × 6,000) + $30,000 = $54,000Markup percentage on absorption cost = [(Required return on investment (ROI) × Investment) + Selling and administrative expenses] ÷ [Unit product cost × Units sales]= [(10% × $1,036,200) + ($54,000)] ÷ [$71 × 6,000]= [$103,620 + $54,000] ÷ [$426,000]= $157,620 ÷ $426,000= 37%c.The selling price is determined as follows: