The person AL lives across BIVI which is a restaurant and bar in California. AL filed various complaints to authorities against BIVI’s customers, whom she referred to as “drunks” and “whores”. She spread the word in the neighborhood that the owners were drug dealers and running a brothel, as well as referred to BIVI’s manager’s wife as “Madam Whore”. Her continuous repetition of such statements to even prospective customers caused the sales to drop. BIVI filed a lawsuit against the person AL. To find : The US Constitution provides protection to statements passed by AL against BIVI, and the result of the lawsuit with reasons.

Question

The owner's equity at the beginning of the period for Vivo Enterprises was $52,000. At the end of the period, assets totaled $110,000, and liabilities were $28,000. If the owner made an additional investment of $12,000 and withdrew $9,000 during the period, what is the net income or (net loss) for the period?

Answer 1

Question

Chapter 4, Problem 9BCP

(a)

Summary Introduction

Case summary: The person AL lives across BIVI which is a restaurant and bar in California. AL filed various complaints to authorities against BIVI’s customers, whom she referred to as “drunks” and “whores”. She spread the word in the neighborhood that the owners were drug dealers and running a brothel, as well as referred to BIVI’s manager’s wife as “Madam Whore”. Her continuous repetition of such statements to even prospective customers caused the sales to drop. BIVI filed a lawsuit against the person AL.

To find :The US Constitution provides protection to statements passed by AL against BIVI, and the result of the lawsuit with reasons.

(b)

Summary Introduction

Case summary: The person AL lives across BIVI which is a restaurant and bar in California. AL filed various complaints to authorities against BIVI’s customers, whom she referred to as “drunks” and “whores”. She spread the word in the neighborhood that the owners were drug dealers and running a brothel, as well as referred to BIVI’s manager’s wife as “Madam Whore”. Her continuous repetition of such statements to even prospective customers caused the sales to drop. BIVI filed a lawsuit against the person AL.

To find:The behavior of the person AL was unethical in nature.

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The owner's equity at the beginning of the period for Vivo Enterprises was $52,000. At the end of the period, assets totaled $110,000, and liabilities were $28,000. If the owner made an additional investment of $12,000 and withdrew $9,000 during the period, what is the net income or (net loss) for the period?

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