Amazon Inc. has been sued for following three alleged infringements of law: (1) Unauthorized use of a trademark; the claim is for $100 million (2) Nonpayment of end-of-service severance pay and gratuity to 5,000 employees who were terminated without Amazon Inc. giving any reason; the class action lawsuit is claiming $3 million (3) Unlawful environmental damage for dumping waste in the river near its factory; environmentalists are claiming unspecified damages as cleanup costs (4) Legal counsel is of the opinion that not all the legal cases are tenable in law and has communicated to Amazon Inc. this assessment of the three lawsuits: (5) Lawsuit 1: The chances of this lawsuit are remote. (6) Lawsuit 2: It is probable that Amazon Inc. would have to pay the displaced employees, but the best estimate of the amount that would be payable if the plaintiff succeeds against the entity is $2 million. (7) Lawsuit 3: There is no current law that would compel the entity to pay for such damages. There may be a case for constructive obligation, but the amount of damages cannot be estimated with any reliability. Required: What should be the provision that Amazon Inc. should recognize or the contingent liability that it should disclose in each of the lawsuits, based on the assessments of its legal counsel?

Answers

Answer 1

The International Financial Reporting Standards developed standards can

be implemented to ascertain the provisions and disclosures to be made.

The correct responses are;

According to the financial reporting standard, the contingent liability that

Amazon Inc. should disclose and the provision that Amazon Inc. should

recognize, based on the legal consent are;

Lawsuit 1: It is not required to make provision or disclosure because the

probability of the lawsuit progressing is remote and therefore, the

Company will not be required to payout money or lose economic benefits.

Lawsuit 2: The likelihood of the Company having pay the displaced

employees is high however, the amount payable is $2 million, and

therefore, a provision of $2 million is required in the financial reporting.

Lawsuit 3: The Company is not legally obliged to pay for or perform the

cleanup, but based on the relationship between the Company's waste

location, the river, and the community, there is a constructive obligation,

the amount of which cannot be determined with reliability.

Therefore, there is a requirement for disclosure as a contingent liability,

and not a provision as the claim cannot be classified as a provision.

Learn more here:

https://brainly.com/question/17371330


Related Questions

ANSWER PLEASE!!! I WILL GIVE BRAINLIEST
NO BOTS OR WEBSITE LINKS

Answers

Answer:

San Francisco

Step-by-step explanation:

The cost per mile in San Francisco is 0.45 per mile, whereas it is 0.40 in New York

H e l p this is confusing

Answers

Answer:

The answer would be 780 miles

Step-by-step explanation:

The reason that that's the answer because since it says that they will average about 65 miles per hour on a 12 hour trip, you have to multiply 65 time 12, which is 780 miles, so

65 miles x 12 hours = 780 miles   :)

Hope this helped!

HELP ME I WILL GIVE POINTS

Answers

Answer:

1. 32

3. -11

Step-by-step explanation:

(To meet character limit)

Answer:

1.) 35

2.) -20

Step-by-step explanation:

A force of 56N is required to keep a spring stretched 4m from the equilibrium position. How much work in Joules is done to stretch the spring 8m from equilibrium? Round your answer to the nearest hundredth if necessary.

Answers

Please check the attached images for the answer. Answer with full explanation is screenshoted. Plz refer.

Thanks ☺️

Hope it helps you.

I NEED ANSWER NOW PLSSSSS​

Answers

Associate property because he was just rearranging the numbers using parentheses. Please mark me as brainiest!
Associative property

Nina and Jo both ran a 9 km race.
Nina took 1 hour 15 minutes to run the whole race.
Jo started the race 4 minutes later than Nina but caught up when they had both travelled 6 km.
If Nina and Jo both ran at constant speeds, what is Jo's speed to 2 dp?

Answers

9514 1404 393

Answer:

  7.83 km/h

Step-by-step explanation:

At her constant pace, Nina's time for 6 km will be found by the proportion ...

  (time for 6 km)/(6 km) = (time for 9 km)/(9 km)

  time for 6 km = (6 km)/(9 km) × (75 min) = 50 min

Jo's time for the same distance will be 4 minutes less: 50 -4 = 46 min. Jo's speed is ...

  speed = distance/time

  = (6 km)/(46/60 h) = 360/46 h ≈ 7.83 km/h . . . . Jo's speed

_____

Additional comment

From the 6 km point, the remaining race is half the distance already run, so will take half the time already taken. As we know, Nina will finish in 25 more minutes; Jo will finish in 46/2 = 23 more minutes, 2 minutes ahead of Nina.

75% of what equals 30

Answers

Answer:

30 is 75% of 40

Step-by-step explanation:

We have, 75% × x = 30 or, 75/100 x = 30. Multiplying both sides by 100 and dividing both sides by 75,  x = 40.

And if you are using a calculator, simply enter 30×100÷75, which will give you the answer.

Hey there!

75% of ? = 30

75% of x = 30

75/100 * x = 30

75 ÷ 25 / 100 ÷ 25 * x = 30

3/4 * x = 30

MULTIPLY 4/3 to BOTH SIDES

4/3 * 3/4x = 4/3 * 30

CANCEL out: 4/3 * 3/4 because that gives you 1

KEEP: 4/3 * 30 because it helps solve for your answer

x = 4/3 * 30

SIMPLIFY IT

x = 40

Therefore, 75% of [40] = 30

Answer: 40

Good luck on your assignment and enjoy your day!

~Amphitrite1040:)

3^4x-1=15
Need help with this log question

Answers

Answer:

x=16/81

Step-by-step explanation:

3^4x-1=15

81x-1=15

81x=15+1

81x+16

divide both sides by 81

x=16/81

An employer pays 75% of an employee's health insurance premium.
If the premium is $4855 annually, how much is the employee's share of the premium?
O S3884.00
O S3641.25
O S1213.75
O $971.00

Answers

Answer:

1213.75

Step-by-step explanation:

you turn the percent int a decimal, and then multiply it by 4855. then the answer you get (3641.25) you subract 4855 by it to get the answer

Bạn dự định đi học thêm vào mùa hè này. Nếu đi học bạn sẽ không thể đi làm với thu nhập là 5 triệu đồng và không thể ở nhà nghỉ ngơi. Học phí là 2 triệu, tiền mua giáo trình 300 ngàn, sinh hoạt phí là 1.5 triệu. Hãy xác định chi phí cơ hội của việc đi học thêm vào mùa hè này.

Answers

Answer:

4 better inbox

Step-by-step explanation:

math models help PLEASE!

(20x5+10)-(8x8-4)



a . 58

b. 50

c. 40

Answers

Answer:

Answer is C, 40

Step-by-step explanation:

(100)-(60)

geomtry plz help me 15 pointz

Answers

Answer:

m∠R=76°

Step-by-step explanation:

∠STR=∠RST=(2x+2)° (base angles of isos triangle)

2(2x+2)+(3x+1)=180 (angle sum of triangle)

      4x+4+3x+1=180

               7x+5=180

                    7x=180-5

                        =175

                      x=175÷7

                        =25

Hence, m∠R = (3x+1)°

                     = [3(25)+1]°

                     = (75+1)°

                     = 76°

Answer:

m∠R=76º

Step-by-step explanation:

All angles in a triangle add up to 180º.

The triangle given is an isosceles triangle.

(2x+2)+(3x+1)+(2x+2)=180

Remove parentheses.

2x+2+3x+1+2x+2=180

Collect like terms.

7x+2+1+2=180

Add.

7x+5=180

Subtract 5 from both sides of the equation.

7x=175

Divide 7 from both sides of the equation.

x=25

m∠R=(3x+1)º

3x25+1=76º

m∠R=76º

Hope this helps :)

Plz help!!!!! Need theses as soon as possible. No links plz!!!!

Answers

Answer:

1. 3

2. 0, 620

3. Positive

4. 2006

5. 2637

Choose the inequality that represents the following graph ​

Answers

I think its x is less than or equal to 3

What is the slope of the function?
O-6
O 4
O 4
O 6

Answers

Answer:

12/2 = 6

Step-by-step explanation:

2 ways to do it, graph it, or do the slop finding formula y2-y1/x2-x1

answer:

Step-by-step explanation:

I hope she is correct answer

Please help and only answer if correct!

Answers

Answer: So last time it was 1/4 and 4 so it's no different it just going down by one so it's 1/3 and 3 if it's not I give up.

Step-by-step explanation:

The graph of y=⅔ x - 12 intersects the y-axis at Q (0, -12) and is perpendicular to a line joining Q to the point P ( x , 0). Find x

Answers

They will go over point 3,0 and /4,9 then

Use the GCF and the distributive property to find each sum 15 + 57

Answers

Answer:

(3*5)+(19*3)

Step-by-step explanation:

both numbers GCF is 3.

(3*5)=15

(19*3)=57

15+57=72

Hope that helps

The sum of two numbers is 65. The larger number is 5 more than the smaller number. What are the numbers?

Answers

Step-by-step explanation:

the numbers : x, y

x + y = 65

x = y + 5

we use the second equation in the first equation :

y + 5 + y = 65

2y + 5 = 65

2y = 60

y = 30

x = y + 5 = 30 + 5 = 35

(PHOTO) Please help need this done by tomorrow thank you.
Solve for x. k 2x + 4 4x - 88 x = [?]​

Answers

Answer:

2x + 4 = 4x - 88

x = 46

Answer:

x = 46

Step-by-step explanation:

These angles are known as corresponding angles. This means they are equal to one another.

[tex]4x-88=2x+4\\2x-88=4\\2x=92\\x=46[/tex]

Which of the following is an equivalent form of the compound inequality

Answers

Answer:

pls mark brainy

Step-by-step explanation:

option (d) is correct.

An equivalent form of the  given compound inequality −44 > −2x − 8 ≥ −8 is  −44 > −2x − 8 and −2x − 8 ≥ −8

Step-by-step explanation:

Given a compound inequality −44 > −2x − 8 ≥ −8

We have to write  an equivalent form of compound inequality.

Compound inequality  consists of two inequalities joined together and the solution is the intersection of each inequality.

Compound inequality has two sides the left hand side and right hand side we can solve them by taking each inequality one at a time.

For given compound inequality, −44 > −2x − 8 ≥ −8

we have

Left side of inequality as  −44 > −2x − 8

and right side of inequality as  −2x − 8 ≥ −8

Thus, option (d) is correct.

Thus, An equivalent form of the  given compound inequality −44 > −2x − 8 ≥ −8 is  −44 > −2x − 8 and −2x − 8 ≥ −8

The list of ordered pairs below represents a function.
{(-12, –8), (-2,7), (0,4), (-4,3)}
Find the range of the function. Write your answer' as a comma separated list.

Answers

Answer:

{-8, 3, 4, 7}

Step-by-step explanation:

range is y values in the ordered pairs

{-8, 3, 4, 7}

Cinco múltiplos del 12

Answers

Answer:

60 Sana po makatulong pa brainlest please

–4x – 5 + 2x = –11
i need help solving for x in this equation

Answers

Answer:

x is 3

Step-by-step explanation:

-2x is -6

2x is 6

x is 3

Answer:

X=3

Step-by-step explanation:

-4(3)=-12

-12-5=-17

2(3)=6

-17+6=-11

Andrew invests $9000

Answers

What are you asking?

At Albemarle High School, 5/9 of the students are in band and 57% of the students are in chorus. Are more AHS students in band or chorus?

Answers

Let find percentage of 5/9

[tex]\\ \sf\longmapsto 5/9(100)[/tex]

[tex]\\ \sf\longmapsto 500/9[/tex]

[tex]\\ \sf\longmapsto 55.5\%[/tex]

More students are in chorus

Given

Percentage of students in Chorus.

Fraction of students in band

To find

Which has more students.

Let's start.

We need to find the Percentage of students in band.

[tex]\sf \longmapsto \: \dfrac{5}{9} \times 100[/tex]

[tex]\sf \longmapsto \: \dfrac{5}{9} \times \dfrac{100}{1} [/tex]

[tex]\sf \longmapsto \: \dfrac{5 \times 100}{9 \times 1} [/tex]

[tex]\sf \longmapsto \: \dfrac{500}{9} [/tex]

In Percentage:-

[tex]\sf \longmapsto \: \cancel \dfrac{500}{9} [/tex]

[tex]\sf \longmapsto \: 55.55\%[/tex]

[tex]\sf{55.55\% (Band)}<\sf{57\%(Chorus)}[/tex]

Chorus has more students

Debra wants to rent a boat and spend at most $44. The boat costs $8 per hour, and Debra has a discount coupon for S4 off. What are the possibile numbers of
hours Debra could rent the boat?
Use t for the number of hours.
Write your answer as an inequality solved for t.

Answers

Answer:

t ≤ 6

Step-by-step explanation:

8t - 4 ≤ 44

I hope this helps!

solve for x
2/x -2 = 3/2x +3​

Answers

Step-by-step explanation:

Triangle A is a scaled version of triangle B. The dimensions of triangle A are twice the dimensions of triangle B. The area of triangle B is 40.5 sq cm. What is the area of triangle A?

Answers

Step-by-step explanation:

the lengths of any line (side, height,...) in A is twice as long as in B.

now, the area of a triangle is

baseline × height / 2

so, two lines are multiplied. that means the factor 2 gets multiplied in 2 times. and that means the area increases by the factor 2×2 = 4

therefore, the area of A is

40.5 × 4 = 162 cm²

Use the drop down to chose the inequality that makes each statement true. A. -17 - 8 B. -27 - -32 C. 110 - -212 D. -432 - 375

Answers

[tex]\huge\text{Hey there!}[/tex]

[tex]\huge\textsf{Guide \#1}\huge\boxed{\downarrow}\\\\\large\text{2 negatives = [\bf positive]}\\\large\text{2 positives = \bf [positive]}\\\large\text{1 positive \&1 negative = \bf [negative]}\\\large\text{1 negative \& 1 positive = \bf [negative]}[/tex]

[tex]\huge\textsf{Guide \#2 }\huge\boxed{\downarrow}\\\large\text{Negatives are BELOW 0.}\\\large\text{Positives are ABOVE 0.}[/tex]

[tex]\huge\textsf{Guide \#3 }\huge\boxed{\downarrow}\\\large\text{Positives are on the RIGHT side of the number line.}\\\large\text{Negatives are on the LEFT side of the number line.}[/tex]

[tex]\huge\textsf{Guide \#4 }\huge\boxed{\downarrow}\\\large\text{Positives are bigger than 0}\\\large\text{Negatives are smaller than 0.}[/tex]

[tex]\huge\text{Answering \textsf{your question(s)....}}[/tex]

[tex]\huge\textsf{Option A.}\\\\\large\text{-17 - 8}\\\large\text{= \bf -25}[/tex]

[tex]\huge\textsf{Option B.}\\\large\text{-27 - -32}\\\large\text{= -27 - (-32)}\\\large\text{= -27 + 32}\\\large\text{= \bf 5}[/tex]

[tex]\huge\textsf{Option C.}\\\large\text{110 - -212}\\\large\text{= 110 - (-212)}\\\large\text{= 110 + 212}\\\large\text{= \bf 322}[/tex]

[tex]\huge\textsf{Option D.}\\\large\text{-432 - 375}\\\large\text{= \bf -807}[/tex]

[tex]\huge\text{Good luck on your assignment \& enjoy your day!}[/tex]

~[tex]\large\boxed{\frak{Amphitrite1040:)}\ \bf \heartsuit}[/tex]
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