General Indemnity, Inc., agreed to insure Portland Racing League race cars for damage incurred during on-track accidents. General Indemnity deposited $400,000 with Parts Co., a Colorado firm that manufactured auto parts, so that it could buy parts for damaged cars without delay. Parts agreed to return any unspent deposit at the end of the season. Near the end of the season, the owners of Parts decided to retire and sold its assets to Etude Motorsports, Inc., a Georgia corporation. Etude expressly assumed Parts' liabilities, but expressly stated in the contract that it did not assume any obligation to return unspent deposits of Parts' clients. General Indemnity filed a suit in a Georgia state court against Etude, seeking to recover its deposit. What is the rule concerning the liability of a corporation that buys the assets of another
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Business, 21.06.2019 21:30, nickespinosa11
Gary becker's controversial the economics of discrimination concludes that price discrimination has no effect on final profits. price discrimination benefits monopolies. labor discrimination in hiring results in more efficient allocations of production. discrimination in hiring practices has no effect on final profits. labor discrimination harms firms that practice it due to increased labor costs. price discrimination harms monopolies, which refutes over two centuries of economic theory.
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Business, 22.06.2019 11:40, ayoismeisalex
In each of the following, what happens to the unemployment rate? does the unemployment rate give an accurate impression of what’s happening in the labor market? a. esther lost her job and begins looking for a new one. b.sam, a steelworker who has been out of work since his mill closed last year, becomes discouraged and gives up looking for work. c.dan, the sole earner in his family of 5, just lost his $90,000 job as a research scientist. immediately, he takes a part-time job at starbucks until he can find another job in his field.
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Business, 22.06.2019 20:00, moneykingmarco079
What part of the rational model of decision-making does the former business executive “elliott” have a problem completing?
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General Indemnity, Inc., agreed to insure Portland Racing League race cars for damage incurred durin...
Mathematics, 20.07.2021 04:40
Mathematics, 20.07.2021 04:40
Mathematics, 20.07.2021 04:40