What facts would be necessary for bob to be liable to jan

Assignment Help Financial Management
Reference no: EM132013557

Bob operated a flower shop as a sole proprietorship and decided to formalize the operation of the flower shop, so he formed a limited liability company (LLC) to own and operate the flower shop.

After the LLC was formed, the LLC hired David to drive the delivery van that was owned by the LLC and that was used to deliver flowers to customers of the LLC. One day when David was delivering flowers for the flower shop using the van, he ran a red light and collided with a car driven by Jan, causing injuries to Jan and damages to her car.

Who can Jan sue for the injuries that she received in that accident?

Are there theories of recovery that Jan can assert that might make Bob liable? What facts would be necessary for Bob to be liable to Jan?

Reference no: EM132013557

Previous Q& A

  How a swot analysis can be used by an entrepreneur

Tutors thoughts on how a SWOT analysis can be used by an entrepreneur either at the pre-start-up stage or within the actual start-up of the company.

  Relative frequency for a value

?For the given data set, which values would be included on the relative frequency for a value of 10?

  How you would apply the knowledge you have learned

Identify a task that you would need to perform in your current career or future career, and explain how you would apply the knowledge you have learned.

  Justification for corporate criminal responsibility

Does the justification for corporate criminal responsibility make sense? Are there any specific exceptions where it should be used?

  What coding systems are used in the united states

What is medical coding and what is it used for? What coding systems are used in the United States?

  Us constitution obsolete

Is Article I, Section 8 of the US Constitution obsolete? That is, does the federal government still have a role in regulating commerce between and among

  What potential discrimination issues

What potential discrimination issues exist between employees of different generations.

  Find the depreciation expense per year

The company expects to produce a total of 200,000 units. Find the depreciation expense per year under the straight-line method

  Stay out of the way of business

Why federal government should "stay out of the way of business" and essentially let the marketplace evolve via its own "pure market" dynamics?

  Who follow their ethical standards completely

What do you think happens to people who follow their ethical standards completely, even when such standards go against the wishes of their supervisors

Reviews

Write a Review

 

Similar Q& A

  Explain how sensitive is return on capital to the forecast

How sensitive is return on capital to the forecast assumptions in case Exhibit 8? What independent changes in Carrie Galeotafiore's estimates are required to drive the 2002 return-on-capital estimate below Home Depot's cost-of-capital estimate of ..

  Prepare the journal entry to correct the balances presently

Prepare the journal entry to correct the balances presently reported.Included in Inventory (and Accounts Payable) are $14,000 of lenses held on consignment.

  Use the fed model for calculating the price

Use the “FED Model” for calculating the price with the following information.

  Annual debt service payment

Assume the rate on the issuance of $100m of 100-year bonds is 7.5%; the annual debt service payment would be $7.505m. How high would the interest rate have to be on 30-year bonds for the annual debt service payment to be the same for both financings?

  What amount does the required investment decline

How much must be invested today in order to generate a five year annuity of $1,000 (part A)? and (part B) by what amount does the required investment decline if the first payment of the five year annuity of $1,000 occurs two years from today, and the..

  Calculate the net present value

Kinky Copies may buy a high-volume copier. The machine costs $20,000 and will be depreciated straight-line over 5 years to a salvage value of $3,000.

  What contribution bond

You have the following bond: $1000 Par, 22 years to maturity, Mkt rate of 9.75%, coupon of 10.25%, compounded semi-annually. The PV of the bond is $1044.97. What contribution to this $1044.97 does the coupon payment 27 periods from today make to this..

  Follows the economic order quantity model

How many orders will company place if it follows the economic order quantity model?

  What amount at the present is equivalent to this series

What amount at the present is equivalent to this series at 18% interest compounded annually, compounded quarterly?

  Calculate the internal rate of return

Identify the most profitable project. Calculate the internal rate of return.

  What is the EAR and APR on loan

You have just purchased a new warehouse. To finance the purchase, you’ve arranged for a 32-year mortgage loan for 80 percent of the $3,320,000 purchase price. The monthly payment on this loan will be $16,500. Requirement 1: What is the APR on this lo..

  Consider the remaining loan contract to be worth

what value would the investor consider the remaining loan contract to be worth?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd