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The Legal Environment of Business: Text and Cases (MindTap Course List)
10th Edition
ISBN: 9781305967304
Author: Frank B. Cross, Roger LeRoy Miller
Publisher: Cengage Learning
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Question
Chapter 4, Problem 5BCP
Summary Introduction
Case summary: An email with an attachment of nineteen-minute audio was sent to an alderwoman for the city of St. Louis by a person MW. The email had some offensive words and threat refrences. The alderwomen called the police after being threatened through the email. The person MW was convicted of harassment under the state criminal statute.
To find:The constitutionality of conviction under the First Amendment.
Expert Solution & Answer
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Kindly help me with accounting questions
A company owns a machine with a $10,000 carrying value, $5,000 estimated salvage value, and $90,000 fair value. The machine was irreparably damaged by a customer and, as a result, was deemed worthless. A court awarded damages of $90,000 in favor of the company. At the current year end, the outcome of this case was awaiting appeal and was, therefore, uncertain. However, the company's legal counsel believes the appeal will be denied. What amount of gain, if any, should the company report for this lawsuit in its current-year financial statements?
A.
$0
B.
$75,000
C.
$80,000
D.
$90,000
Accumulated other comprehensive income?
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The Legal Environment of Business: Text and Cases (MindTap Course List)
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