Homework Answers
it is called Contingent Liabilities.
"obligations or liabilities in the future which may or may not arise due to uncertain events or situations"
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cuinert Laibitily.. 9. An employee was termindted from your company recently and he filed a case...
8. Analyze the Current Ratio of the following three companies. (Marks Allotted: 1+1=2) Current Ratio Companies...
8. Analyze the Current Ratio of the following three companies. (Marks Allotted: 1+1=2) Current Ratio Companies 1.7:1 Z 2.5:1 Question a) Which company out of the above three, is strong in 'liquidity? Your Answer: Question b) Give, at least, ONE reason for choosing the particular company Your Answer: 9. An employee was terminated from your company recently and he filed a case against the firm with the Court of Law. Your legal counsel informs you that there is a probability...
APPLY YOUR KNOWLEDGE Serial Case C8-53. (Learning Objective 5: Analyze contingent liabilities of a company in...
APPLY YOUR KNOWLEDGE Serial Case C8-53. (Learning Objective 5: Analyze contingent liabilities of a company in the restaurant industry) Note: This case is part of The Cheesecake Factory serial case contained in every chapter in this textbook. Like many other large companies, The Cheesecake Factory Incorporated has several legal actions pending against it at any given time. It must accrue for and/or disclose certain contingent liabilities, such as pending or possible legal actions, in its financial statements and notes to...
You have just been promoted to the human resources department of a Fortune 500 company. Your...
You have just been promoted to the human resources department of a Fortune 500 company. Your Director calls you into a meeting and explains that in hiring a prospective employee, there are legitimate reasons for not hiring someone. For example, the prospective employee may not fill legal requirements (e.g., he or she is a minor and cannot complete the tasks of the job based on the young age) or positional requirements (e.g., he or she does not have the required...
Case 5 In-home nurse may get benefits for injuries from accident while en route to client's...
Case 5 In-home nurse may get benefits for injuries from accident while en route to client's home Law Reporter, Dec 2004 Labadie v. Norwalk Rehab. Servs., Inc., 853 A.2d 597 (Conn. App. Ct. 2004). A home health care worker is entitled to workers' compensation benefits for injuries from being struck by a motor vehicle while en route to an assignment, a Connecticut appellate court held. Here, a home health care nurse was assigned to perform her duties in the homes...
QUESTION 1 After a discrimination charge is filed by the employee and notice of the charge...
QUESTION 1 After a discrimination charge is filed by the employee and notice of the charge is given to the employer, the EEOC screens the charge to see if it is one that is appropriate for mediation. If it is appropriate for mediation, the EEOC will offer that option to the parties. In this case, each side has _____ days to respond to the offer to mediate. A. 30 B. 40 C. 10 D. 20 0.3 points QUESTION 2...
9. You are employed by Walmart to review tort injury claims against the company before referring...
9. You are employed by Walmart to review tort injury claims against the company before referring them to the legal department. You have been assigned two cases for your review and opinion on. In each case you are required to complete the following in your brief report: (1) Identify and describe any and all legal issues and all fact issues which you believe relevant in establishing liability by any party against Walmart. (2) Identify and briefly describe any and all...
On “Bring Your Children to Work Day" at Wing Corporation, Susan Gills, a Wing employee, brought...
On “Bring Your Children to Work Day" at Wing Corporation, Susan Gills, a Wing employee, brought her ten-year-old daughter to work. ACE was installing Wing's new computer system on that day. After installation, when Susan attempted to adjust the monitor connected to her new computer, she inadvertently knocked the monitor off the desk and onto the floor. The screen shattered causing a shard of glass to strike the child's toe resulting in four stitches. Susan has blamed the installer, ACE,...
A disaster recovery business responds to calls from [potential] clients who have had a "disaster" damage...
A disaster recovery business responds to calls from [potential] clients who have had a "disaster" damage their home - for example, a pipe burst and caused a flood, or the cat knocked over a halogen lamp causing fire damage in the living room, or a hurricane has broken a window and damaged a room. Business has picked up and this small, 2-man company decides to hire a new employee. This new employee will staff an office from 9-5 M-F and...
You have recently hired Juanita as an employee in your company. Explain what documents the Immigration...
You have recently hired Juanita as an employee in your company. Explain what documents the Immigration and Control Act requires you to examine in order for Juanita to prove she is legally entitled to work in the US and to complete her I-90 Employment Eligibility Verification form. If Juanita produces a permanent resident green card, is that sufficient? Why/Why not? What if she produces her driver's license and her Mexican birth certificate? What is she produces her voter ID card...
Read the hypothetical below. What are John’s potential claims if he is terminated this week? John is a 54-year-old ma...
Read the hypothetical below. What are John’s potential claims if he is terminated this week? John is a 54-year-old man with diabetes. He has worked for Telco for 20 years. Lately, he has difficulty concentrating and makes numerous mistakes. He has missed several days of work due to his diabetes. Supervisor Mark wants to fire John this week. Instructions: Please write in essay format. Include the guidance below in your analysis: a) Set forth the federal statute and/or theories of...
8. Analyze the Current Ratio of the following three companies. (Marks Allotted: 1+1=2) Current Ratio Companies 1.7:1 Z 2.5:1 Question a) Which company out of the above three, is strong in 'liquidity? Your Answer: Question b) Give, at least, ONE reason for choosing the particular company Your Answer: 9. An employee was terminated from your company recently and he filed a case against the firm with the Court of Law. Your legal counsel informs you that there is a probability...
APPLY YOUR KNOWLEDGE Serial Case C8-53. (Learning Objective 5: Analyze contingent liabilities of a company in the restaurant industry) Note: This case is part of The Cheesecake Factory serial case contained in every chapter in this textbook. Like many other large companies, The Cheesecake Factory Incorporated has several legal actions pending against it at any given time. It must accrue for and/or disclose certain contingent liabilities, such as pending or possible legal actions, in its financial statements and notes to...
On “Bring Your Children to Work Day" at Wing Corporation, Susan Gills, a Wing employee, brought her ten-year-old daughter to work. ACE was installing Wing's new computer system on that day. After installation, when Susan attempted to adjust the monitor connected to her new computer, she inadvertently knocked the monitor off the desk and onto the floor. The screen shattered causing a shard of glass to strike the child's toe resulting in four stitches. Susan has blamed the installer, ACE,...
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