Answered: what can be classified as a grievence

Business

Management

what can be classified as a grievence

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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PT. Jaya Service Indonesia, a company engaged in car servicing located in Radio Dalam, South Jakarta, during the month of February 2024 had the following transactions: 1-Feb-24 Received payment for car servicing from Mr. Budi amounting to Rp. 7,500,000 6-Feb-24 Paid cash for the repair of office AC service fee worth Rp. 300,000 7-Feb-24 Company paid cash for advertising expenses in a local magazine amounting to Rp. 9,000,000 12-Feb-24 Completed servicing of 25 Daihatsu Xenia office vehicles belonging to PT. Bumi Indonesia Indah, with a service price per unit of Rp. 12,000,000, for which PT. Bumi Indonesia Indah has not yet made payment 15-Feb-24 Purchased Aqua gallon, sugar, tea, coffee for office logistical needs, totaling Rp. 1,350,000 21-Feb-24 Paid electricity, water, and telephone bills for the previous month amounting to Rp. 10,500,000 22-Feb-24 Paid long-term bank loan installment of Rp. 9,000,000 27-Feb-24 Received payment for servicing from PT. Bumi Indonesia Indah dated…
Discuss the causes of Grievance in an organization and explain the procedure of grievance redressal in an organization
John Brown Ales Pty Ltd sells bottled beer to select licensed premises. Mary is out with friends and consumes a bottle of John Brown’s Old-Fashioned Ale. When she gets to the bottom of the bottle, she realises that there are the remains of an insect in the bottle. Mary suffered shock and became very ill with gastroenteritis. Mary missed two days of work and needed medical attention. Can John Brown be brought to account for Mary’s costs and suffering?
Define Negligence.
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An apartment building in Ithaca, New York with 72 units was financed with a $7.2 million non-recourse first mortgage loan at a 3.6% annual interest rate and an additional $3.6 million fully recourse second mortgage loan at a 7.2% annual interest rate. The owner later borrowed another $720,000 with a fully recourse third mortgage loan at a 10.8% annual interest rate. The borrower ultimately found itself in financial distress and unable to make the monthly mortgage payments on the three outstanding mortgage loans and the property went into foreclosure. What happens to the claims of the second and third mortgage lenders if the foreclosure lawsuit by the first mortgage lender includes all junior mortgage lenders and the property is sold to an unrelated third party for a net price of $6.6 million at the foreclosure sale? a. The mortgage liens of the junior claimants and the loan amounts owed to them are unaffected by the foreclosure sale b. The mortgage liens of the junior claimants are…
Eric and Susan just purchased their first home, which cost $140,000. They purchased a homeowner’s policy to insure the home for $130,000 and personal property for $80,000. They declined any coverage for additional living expenses. The deductible for the policy is $500. Soon after Eric and Susan moved into their new home, a strong windstorm caused damage to their roof. They reported the roof damage to be $19,500. While the roof was under repair, the couple had to live in a nearby hotel for three days. The hotel bill amounted to $420. Assuming the insurance company settles claims using the replacement value method, what amount will the insurance company pay for the damages to the roof?
In 2012, Angela took out a $15,000 loan against the cash surrender value of her whole life insurance policy. The funds were required to help pay for remodeling and redecorating her home. As a consequences of taking out the loan Angela had to report $3,000 of policy gain in 2014. She repaid $5,000 of the loan at the end of 2015, as well as paying the $600 of loan interest due for the year. What were the tax consequences to Angela and the policy as a result of the 2015 payments? A. She will be able to deduct $5,600 from her taxable income for 2015 ad the ACB of the policy will increased by $2,000. B. She will be able to deduct $3,000 from her taxable income for 2015 and the ACB of the policy will increase by $2,600. C. She will not be able to claim any deduction from her taxable income for 2015 and the ACB of the policy will increase by $5,650. D. She will be able to deduct $3,600 from her taxable income for 2015 and the ACB of the policy will increase by $2,000
Your client insures his/her condominium unit under a Condominium Unit Owner Comprehensive policy, subject to a $300 Deductible. The common areas of the building suffer severe damage that is not covered by the Condominium Corporation's insurance. The loss is covered, however, under your client's policy. The Condominium Corporation assesses each unit owner $2,500 to cover the damage. Twenty percent (20%) of the unit owners are uninsured. How much would your client's policy pay under these circumstances? OA) Nothing. OB) $2,200.00 OC) Eighty percent (80%) of $2,500. OD) $2,500.00
Scenario B (Australian Taxation Law): – Taxpayers at retirement age Inder Muller, aged 58, recently retired from his employment as chief accountant of Moon Light Pty Ltd, after 17 years and 4 months of service. Inder’s wife Belinda, aged 59, is currently running a small newsagency. Inder and Belinda visited you to seek advice on various retirement planning options specified below. Inder and Belinda both are covered by private health insurance. 3) Regarding Belinda’s Business Belinda has started the newsagency business 3 months ago. She would like to get advice on the tax benefits available for her new business. The expected business turnover for the financial year ending 30th of June 2022 is $500,000 including GST. She has purchased the following assets for the business. > Photocopy machine for $5,500 including GST on the 15th of Feb 2022 and was ready to use on the 1st of March 2022 > Motor vehicle purchased on the 1st May 2022 for $68,800 including GST, to be used solely for…
Senator Bang Ga is suing Hanabishi Motors, the manufacturer of its car, the Hanabishi Ferrero, for Php 3.5 million because of Sudden Unintended Acceleration, a defect it thinks has caused it bulldozing over 12 cars in a mall carpark building and eventually "jumping" out of the 5th floor of the carpark building. This accident kept it out of work for a year. Hanabishi has offered it a settlement of Php 700,000, of which Bang would receive Php 600,000 after attorneys' fees. Atty. Larry Gadon, its legal counsel, has advised it that it has a 50% chance of winning its case. If it loses, it will incur attorneys' fees and court costs of Php 75,000. If it wins, it is not guaranteed its full requested settlement. Atty. Gadon believes that there is a 50% chance it could receive the full settlement, in which case Bang would realize Php 2 million after its attorney takes his cut, and a 50% chance that the jury will award it a lesser amount of Php 1 million, of which Bang would get Php 500,000.…