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Alice, a resident of Michigan, claims that Pet Food Company Inc., put out some dog food that made her dog, Champ, sick. Champ is a prize winning poodle. He survived the pet food fiasco but only after traveling to a veterinarian in Florida specializing in poodles and having two very expensive surgeries. Additionally, his ability to sire has been impaired, and Alice will have no more breeding fees from Champ. Her damages are $80,000. Pet Food Company Inc., is incorporated in Delaware, with its principal place of business in Michigan. Alice asks you whether she can sue in federal court. What would you tell her and why?
autocar company manufactures automobiles. the red car division sells its red cars for 25000 each to the general
At the formation of the BD Partnership, Betty contributes land with a basis of $10,000 and a FMV of $30,000 and Dick contributes cash of $30,000. Betty and Dick share profits and losses equally. When the land is sold two years later for $50,000, B..
on january 1 2011 piper co. issued 10-year bonds with a face value of 1000000 and a stated interest rate of 10 payable
Refer to the two lists that follow. Select the appropriate amounts from the lettered list for each item in the numbered list. An amount may be selected once, more than once, or not at all.
englehart inc. reports the following operating results for the month of august sales 300000 units 5000 variable costs
Oliver City reported capital assets of $ 4,300,000 and accumulated depreciation of $ 2,000,000 in the governmental activities column of its government wide statement of net position for the year ended December 31, 2012.
The company estimates that it will be unable to collect 2% of accounts receivable. The net realizable of accounts receivable on the December 31, 2010 balance sheet will be:
at december 31 2011 newman engineerings liabilities include the following 1. 10 million of 9 bonds were issued for
Why is it sometimes necessary to change business processes when IT systems are applied to business processes?
Which one of the following choices is a voluntary alternative dispute resolution?
for each of the following transactions below prepare the journal entry if one is required to record the initial
1. human rescources hires employees and manages benefits2. duplication performs copy services3. janitorial provides
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