7. The Johnsons are in an auto accident with a driver who lives near them in the same town. No one is injured but the Johnsons' car suffered $5,000 in damages. Why can't the Johnsons sue the other driver in federal court?

Red Co. recorded a right-of-use asset of $100,000 in a 10-year finance lease. Payments of $16,275 are made annually at the end of each year. The interest rate charged by the lessor and known by Red was 10%.

A corporate policy should never make a value statement about the environment or other social and political issues, because it is doubtful the company can live up to the proclamation. a) trueb) false

In four or more sentences, explain if rent control is a price floor or price ceiling. Then explain one advantage and one disadvantage of rent control.

Lucy's Swimwear Boutique offers swimwear that is targeted at affluent people who can afford to buy expensive, handmade swimsuits. Which of the following approaches to market segmentation is Lucy's Swimwear Boutique using? A. No market segmentationB.

Diagraphs are voiced combinations of two or three consonants

Richard hires Paul to paint his kitchen in two eight-hour days of work for $500. At the end of the first day, the kitchen is 85 percent complete. Richard asks Paul to stay late and finish.

A manager demonstrates when he listens carefully to his subordinates and works to build trusting relationships.

On March 1, 2017, Boyd Company acquired real estate, on which it planned to construct a small office building, by paying $80,000 in cash.

A. Assume that the risk-free rate is 8 percent, the required rate of return on the market (or an average-risk stock) is 13 percent, and the required rate of return on Acme Healthcare stock is 15 percent.

taxes: a. are unlikely to affect market supply and demand b. are copmulsory payments to governments c. never affect efficiency in the allocation of resourcesd. are voluntary payments to governments