What is the significance of Salomon v A Salomon & Co Ltd [1897]
AC 22? What is the ‘corporate veil’ and when is it permitted to be
lifted under the Corporations Act?

Answer:

THANK YOU SOOO VERY MUCH. I need assistance with my question

Answer:

The case was never heard in the United States Supreme Court.

Explanation:

The board of education of Piscataway High School, New Jersey desired to remove one teaching position from the Business Education department. A hindrance to this was the fact that the two teachers being considered had indefinite appointments, and were equal in seniority. According to the state law, tenured teachers can be relieved of their duties in reverse order of seniority. Either Sharon Taxman, a white teacher, or Debra Williams an African-American teacher were to be relieved of their positions.

Taxman was chosen because African-Americans were a minority. Taxman contested this in the court. The case was never heard at the U.S Supreme court because some civil rights group wanted the case to be settled out of court. The United States Court of Appeal ruled in favor of Taxman.

According to several economists, as the dollar's worth versus the Indian rupee rises, the dollar-to-rupee exchange rate has reached 1 USD to 79.5 INR in 2022.

The value of the dollar in India is still rising relative to the rupee due to inflation and rising crude oil prices. One dollar will continue to vary between 77 and 80 rupees, according to experts. It seems that the INR to USD exchange rate routinely hits new lows as time goes on. A comeback is not envisaged just now.

A primary contributor to the rise in the value of the USD in relation to the INR is the current account deficit, which is the difference between a country's imports and exports. For evaluating a country's overall economic health, it is essential to know this figure. Large dependence on foreign capital inflows may be indicated by a big exchange rate mismatch, which could lead to a decline in the value of the Indian rupee. India's current account deficit is expected to widen as a result of increased crude oil costs, wasteful expenditure, and weak GDP growth.

To learn more about the exchange rate, click below:

https://brainly.com/question/30037410

#SPJ4

The analysis of purchase transactions is the first step that is involved in the process of accounts payable.

Payments which are yet to be made, but have been accrued as received by the seller, are known as accounts payable. They are shown as liabilities in the balance sheet of the organization.

While sorting the purchase transactions, it can be determined which of the purchases have already been paid and which are to be posted to the accounts payable.

Hence, option D explains the initial step involved in the accounts payable process.

Learn more about accounts payable here:

https://brainly.com/question/24317224

#SPJ1

Answer:

Each bank

Explanation:

Banks offer various types of services to customers such as funds transfers, check clearance, foreign exchange, among many others. Since the services are offered by the bank, it is the bank that charges the service fees. The banks also determine the amount of fees to charge per service.

Typically, a bank will apply uniform charges across all its branches. The charges for different services are determined by the bank's top management and apply to all its branches in a country.

An operating system (OS) is indeed the mechanism that manages all those other application components in a computer after being installed into the system first by a boot program.

An operating system consists of system software that regulates the hardware, software, and resources of a computer.

A group of software applications that coordinate the activities of computer systems is referred to as an "operating system." It serves as a link at the point where humans and machines interact.

Essential features for controlling devices linked to a computer are provided by operating systems. These processes include managing storage devices, processing inlet, and outlet requests, and allocating memory. A keyboard, mouse, printer, or whatever other connected device could be this one.

Learn more about the Operating System here:

https://brainly.com/question/6689423

#SPJ1

Answer:

I think you are mistaken

Explanation:

If you are new to brainly, you are supposed to ask questions and then others provide answers. Then people looking for results search up stuff and see q and a between you and whoever answered.

Answer:

C

Explanation:

Review your financial history.

The city must write a check for $439,473.59 on December 31, 2016.

Lost wages:

The woman was expected to earn $36,000 in 2014, with a 3% annual increase for the next three years.

Year 2014:

$36,000 * (1 + 0.03)^2 = $37,080 (2 years into the future from 2014 to 2016)

Year 2015:

$36,000 * (1 + 0.03) * (1 + 0.03)^1 = $38,202.4 (1 year into the future from 2015 to 2016)

Year 2016:

$36,000 * (1 + 0.03)^2 * 1 = $39,348.47 (No time difference, so no compounding)

PV_LostWages = $37,080 / (1+0.08) + $38,202.4 / (1+0.08) + $39,348.47 / (1+0.08)

PV_LostWages = $34,333.33 + $35,372.04 + $36,434.88

PV_LostWages = $106,140.25

Pain and suffering:

The $300,000 for pain and suffering must be calculated from a base of Dec 31, 2015. So, we calculate the present value of $300,000 one year in the future (2016) at an 8% interest rate.

PV_PainAndSuffering = $300,000 / (1+0.08)

PV_PainAndSuffering = $277,777.78

Legal expenses:

Similar to the pain and suffering, the $60,000 for legal expenses must be calculated from a base of Dec 31, 2015. So we calculate the present value of $60,000 one year in the future (2016) at an 8% interest rate.

PV_LegalExpenses = $60,000 / (1+0.08)

PV_LegalExpenses = $55,555.56

Total_PV of compensation will be:

= PV_LostWages + PV_PainAndSuffering + PV_LegalExpenses

= $106,140.25 + $277,777.78 + $55,555.56

= $439,473.59.

Full question:

It is now December 31, 2015 (t=0), and a jury just found in favor of a woman who sued the city for injuries sustained in a January 2014 accident. She requested recovery of lost wages plus $300,000 for pain and suffering plus$60,000 for legal expenses. Her doctor testified that she has been unable to work since the accident and that she will not be able to work in the future. She is now 62, and the jury decided that she would have worked for another three years. She was scheduled have earned $36,000 in 2014. (To simplify this problem, assume that the entire annual salary amount would have been received on December 31, 2014.) Her employer testified that she probably would have received raises of 3% per year. The actual payment for the jury award will be made on December 31, 2016. The judge stipulated that all dollar amounts are to be adjusted to a present value basis on December 31, 2016, using an 8% annual interest rate and using compound, not simple, interest. Furthermore, he stipulated that the pain and suffering and legal expenses should be based on a December 31, 2015, date. How large a check must the city write on December 31, 2016?

Read more about Judgement

brainly.com/question/29989379

#SPJ4

Answer:

Inflation can cause difficulty in many ways. Which group would have the greatest problem during periods of high inflation that last several years? Older, working couples saving for retirement. Older people living on fixed retirement income.

The four steps of brand building; brand identity, brand meaning, brand response and brand relationship are explained below.

The Brand building is a process that involves several steps, which are designed to help businesses establish and maintain a strong connection with their customers.

The four steps of brand building are:

(i) Connect with consumers:

This step includes developing a brand name, logo, slogan, and other visual and verbal elements that convey the brand's personality and values.

(ii) Build brand meaning:

This step involves creating a brand story, developing a brand voice and tone, and crafting messaging that resonates with the target audience.

(iii) Create brand responses:

This step involve developing marketing campaigns, advertising, promotions, and other activities that encourage customers to interact with the brand.

(iv) Establish brand relationships:

This final step involves creating a sense of loyalty and trust, building relationships with customers through social media and other channels, and engaging in ongoing dialogue to better understand their needs and preferences.

Learn more about Brand here

https://brainly.com/question/31165362

#SPJ4

The given question is incomplete, the complete question is

The 4 steps of brand building are given below, explain all the four steps.

1. connect with consumer (brand identity)

2. build the brand out so it has meaning (brand meaning)

3. how do we get customers motivated/talking? (brand responses)

4. create consumer brand connection (brand relationships)

Based on the information given, the company that's chosen is Tesla and it's a product-based company.

The company is known for producing electric cars. It's different from its competitors as it produces electric vehicles and uses better softwares.

The company sells its cars worldwide. The competitors include Volkswagen and Toyota. Tesla has helped the environment as it accelerates the transition to sustainable energy

Lastly, the main challenge faced by the company is rising material costs.

Learn more about Tesla on:

https://brainly.com/question/6528766

The mode of transportation, that if available, will best meet these needs is: D. Ships.

The best mode of transportation that the logistics manager in the scenario described above can use ship. The factors that make this choice the most desirable include the fact that the manager seeks a cheap mode of transportation.

Also, since long delivery times are not a major problem, ships are ideal because they take time to arrive but are cost-effective. As an efficient manager, the best way of ordering parts while saving money for the organization will be through the use of ships.

Complete Question:

A logistics manager ordering parts wants to choose a mode of transportation

with very low costs. The company can plan ahead, so long delivery times are

not a major problem. What mode of transportation, if available, will best meet

these needs?

A. Railroads

B. Trucks

C. Airplanes

D. Ships

Learn more about modes of transportation here:

https://brainly.com/question/27409492

#SPJ1

Answer:

1. because knowing whether you can afford your lifestyle or not is the first goal of financial literacy

because knowing whether you can afford your lifestyle or not is the first goal of financial literacy it is important to track your income and your expenses. hence, option A is correct.

It comprises the capacity to comprehend financial options, make future plans, handle money properly, and deal with difficulties brought on by life events like losing a job, saving for retirement, or financing a child's education.

Paying off debt, making a budget, and comprehending the differences between various financial products are all examples of financial literacy. In conclusion, families that are attempting to balance their budget, purchase a home, pay for their children's education, or secure an income in retirement are significantly impacted by financial literacy.

For instance, a person who understands finances is aware that they cannot spend more than $2,000 per month, even if they earn $2,000, without incurring debt.

Thus, option A is correct.

For more information about  financial literacy, click here:

https://brainly.com/question/13102912

#SPJ2

Answer:

The restaurant Manager has in-depth knowledge of their business, workers, and income. While a customer might know a workers name a restaurant Manager knows their past record, their education level, and connections.

A manager also might deal with the money, meaning counting bills, change, while a customer simply pays.

Explanation:

Sorry if the question is looking for more specifics.

Cross-sectional analysis is a financial tool used to compare a firm's performance against its industry or sector. It helps identify differences and evaluate relative performance among companies.

Cross-sectional analysis is a financial analysis tool used to compare the financial performance of various companies in the same sector. It is a method employed by financial analysts to assess a firm's performance in relation to other businesses within the same industry or sector. This type of analysis is particularly valuable for evaluating how a company measures up against its industry peers.

By conducting a cross-sectional analysis, analysts can identify the best and worst performers within a sector and examine the factors that contribute to their divergent outcomes. This comparative approach helps highlight the differences in financial performance between companies operating in the same industry.

Moreover, cross-sectional analysis enables the comparison of financial statements across companies with different capitalizations or accounting policies. This flexibility makes it a versatile tool in finance and accounting research, as it allows for a comprehensive understanding of business operations and aids in making informed investment decisions.

In summary, cross-sectional analysis involves the comparison of a firm's performance against the industry or sector in which it operates. This type of ratio analysis provides insights into how a company fares relative to its industry peers and is a valuable tool for financial analysts.

Learn more about Cross-sectional

https://brainly.com/question/30552943

#SPJ11

The most commonly preferred conflict resolution mode for project managers is compromised, which also serves as an equivalent to problem-solving, while withdrawal is a mode that temporarily avoids conflict without solving it.

5. The most commonly preferred conflict resolution mode for project managers is: A. Compromise.

6. The conflict resolution mode that is equivalent to problem-solving is: A. Compromise.

7. The conflict resolution mode that avoids a conflict temporarily rather than solving it is: D. Withdrawal.

To learn more about Withdrawal , visit here

brainly.com/question/30481846

#SPJ4

Control weaknesses increase the risk of payroll errors, inaccurate payments, and potential fraudulent activities. It also undermines the integrity and reliability of the payroll process, which can impact employee morale and trust in the company.

1. Lack of segregation of duties: The payroll clerk has the ability to update the employee master list, compile total hours worked, and enter hours into the payroll system. This lack of segregation of duties increases the risk of errors or fraudulent activities going undetected.

2. Manual time card tracking: Supervisors fill in the time cards for each day and initial them, noting the hours worked. This manual process is susceptible to errors or manipulation.

3. Lack of documentation for job classification changes: When an employee's job classification changes, there is no source documentation in their employee file. This lack of documentation increases the risk of errors or misunderstandings regarding pay rates

Recommendations to improve the weaknesses: Diamond Construction should implement the following measures:
1. Segregate duties: Assign different individuals to handle tasks such as updating the employee master list, compiling hours worked, and entering hours into the payroll system. Implement a review process to ensure accuracy and detect any errors or irregularities.

2. Implement automated time tracking: Replace manual time card tracking with an automated system that accurately records and tracks employee hours. This will reduce the risk of errors and fraudulent time entries.

3. Document job classification changes: Establish a formal process to document and communicate job classification changes. Maintain accurate records of changes in employee files and ensure that payroll calculations are based on the correct job classifications.
for more questions on  payroll

brainly.com/question/33550029

#SPJ8

Option a is correct. Transactions executed by trustees bound by US law for 91 days Treasury bill.

Treasury bills are exempt securities, not exempt transactions. An “action” is required in order to conduct a tax-free transaction. Unsolicited transactions and sales of securities to financial institutions (i.e. banks or thrifts) are excluded transactions.

Transactions executed by trustees, such as trustees in bankruptcy proceedings, are also exempt transactions under the Uniform Securities Act. Bankruptcy helps people who are unable to pay their debts liquidate their assets to pay off their debts or make a repayment plan to get a fresh start. Bankruptcy law also protects companies in financial trouble.

Treasury Bills (T-Bills) 1.3 US Treasury Bills (T-Bills) are financial market instruments and short-term debt securities issued by the Government of India, currently available in 91, 182 and 364 days. It is issued with a maturity of 3 days. Treasury bills are zero-coupon securities and do not bear interest.  

Know more about Treasury bill here:

https://brainly.com/question/17204626

#SPJ4

The suggestion of utilizing venture capitalists, loans, or self-funding are all options to help alleviate the  challenge  of managing people.

The entrepreneurship serves the  activity  that involves the setting up  of a business or businesses,  by taking the  financial risks in the hope of profit.

Therefore, suggestion of utilizing venture capitalists, loans, or self-funding are all options to help alleviate the  challenge  of managing people.

In this case, as an entrepreneur, one should able to have the mind to bear the risk as well as make the good decision that is need for the success of the business, examples of entrepreneur are; Mark Zuckerberg, Bill Gate and others.

Learn more on entrepreneurship at:

https://brainly.com/question/22477690

#SPJ1

If Maureen, Inc. pays within 15 days, they owe $59,400. If they do not pay within 15 days, they owe $60,000.

The O'Brien Company sold 400 purses to Maureen, Inc. on account. The cost of these purses for O'Brien was $40,000, or $100 per purse. The selling price to Maureen, Inc. was $60,000, or $150 per purse. The terms of the sale are 1/15, n/30, which means Maureen, Inc. can receive a 1% discount if payment is made within 15 days. The full payment is due within 30 days.

To calculate the amount of discount, we first determine the discount rate by multiplying the selling price by the discount percentage (1%). The discount rate is $60,000 * 1% = $600.

If Maureen, Inc. pays within 15 days, they will receive a discount of $600. Therefore, the amount they owe is $60,000 - $600 = $59,400.

If Maureen, Inc. does not pay within 15 days, they will not receive the discount and the full payment of $60,000 is due within 30 days.

Learn more about selling price from the given link:

https://brainly.com/question/27796445

#SPJ11

Answer:

Introduction Stage

Explanation:

The product life cycle consists of five stages: development, introduction, growth, maturity, and decline.

In this case, Chrissy's product (the lipsticks) is at the introduction stage, which is second stage of the life cycle, coming immediatly after the development stage ends.

In the introduction stage, as the name implies, the product is introduced in the market. Advertising and marketing efforts are crucial at this stage because otherwise the product may be rejected, or simply not known enough, and not reach the growth stage.

Compared to cash, people tend to spend more while using credit cards. They are more inclined to provide greater gratuities and make more impulsive purchases in addition to being more likely to purchase items at higher prices. Household debt has grown during the same period.

However, according to a study, using a credit card may result in you spending more than using cash. Studies have shown that using a credit card to pay increases consumer spending.

It aids consumers in determining which credit cards have excessively high-interest rates. For non-accountant users E, it offers a language that is simple to grasp. It avoids frequent mistakes that have an impact on the company's financial statements F. It contrasts the credit card balances of your customer side by side.

To learn more about credit cards

https://brainly.com/question/27350251

#SPJ4

Answer:

I'm pretty sure its 2346

Explanation:

might be wrong considering Edge loves to move answers around. yes they do that....

Answer:

2346

Explanation:

Chick-fil-A is a fast food restaurant chain that specializes in chicken sandwiches. The business was founded in 1946 by S. Truett Cathy, who opened the first restaurant in Hapeville, Georgia. The company's business history includes several milestones, such as the introduction of the Chick-fil-A Chicken Sandwich in 1964, the opening of the first freestanding Chick-fil-A restaurant in 1986, and the launch of the company's catering division in 2001.

Chick-fil-A has also experienced significant growth in recent years, with the company's sales surpassing $10 billion in 2018. Throughout its business history, Chick-fil-A has remained a privately held, family-owned company, with Cathy's son, Dan T. Cathy, serving as the current CEO.

One of the unique aspects of Chick-fil-A is its commitment to being closed on Sundays. This policy was established by Truett Cathy in 1946, and the company has continued to follow this tradition, with the exception of a few instances where the chain has provided food to emergency responders during natural disasters.

To know more about business here:

https://brainly.com/question/15826604

#SPJ11

The GDP deflator grew by approximately 2 percent.

The GDP deflator is a measure of the level of prices for all final goods and services produced within a country, and is calculated by dividing nominal GDP by real GDP and multiplying by 100. In this case, nominal GDP grew by 5 percent and real GDP grew by 3 percent, which means that there was some inflationary pressure in the economy. The difference between the two growth rates (5% - 3% = 2%) represents the increase in prices, which is reflected in the GDP deflator. Therefore, we can estimate that the GDP deflator grew by approximately 2 percent.

Learn more about GDP deflator: https://brainly.com/question/30767486

#SPJ11

Recording the date, the accounts you're debiting or crediting from, and a short description of the transaction itself are all parts of keeping track of all your commercial transactions, or journalizing them.

A business transaction is journalized when it is recorded in accounting records. Maintaining records calls for commitment and knowledge, especially for accountants. Every business process is documented chronologically in a journal, commonly referred to as a Book of Original Entry.

Identifying the account as well as the type of account is the first step. Choosing whether each account increases or decreases is the second stage. The third step is to journalize the transaction. Accumulated depreciation is the entire amount of depreciation and amortisation that has been applied to an asset since it was first used.

To know more about depreciation, visit:

https://brainly.com/question/1203926

#SPJ1