...Arbitration is commonly used to resolve disputes when the parties cannot come to an agreement when disagreements take place. Because State Farm and the consumer cannot agree, both parties should request an arbitrator to settle their dispute. In this scenario, State Farm Mutual Automobile Insurance Company did not demand that arbitration be recognized. Arbitration should be an option to the discretion of both parties. Most of the time, it is an option, nevertheless, printed in such small lettering that it is usually not easily seen. In this case, it was unfair that the police officer was denied the arbitration process because he was on duty at the time of the accident. No matter what the circumstances are he should have been given the...
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...Current Market Conditions Competitive Analysis In 1903, American industrialist Henry Ford started a company that revolutionized how the world moved. With $28,000 in his pocket, Ford Motor Company was born. Today, it has grown to be the world’s third largest automaker, and the largest family-controlled company that has been in family control for over 110 years. Throughout the existence of Ford Motor Company, their success would not have been possible without knowing and understanding certain factors that affect not only the supply and demand, but also the equilibrium prices in the automobile industry. Every organization within the industry faces the same issues and opportunities that may affect competitiveness and long-term profitability, but Ford Motor Company continues to develop new and improved products to gain the advantage over their competitors. Ford Motor Corporation Henry Ford began the creation of Ford Motor Company by his fascination of gas-powered engines. In 1903 with the help of 11 investors Ford Motor Company was incorporated through the New York Stock Exchange and its home office originated in Dearborn, Michigan. This giant automotive manufacturer created the first Model T. in 1908 that became to be one of the largest selling vehicles in history. Ford Motor Company later began to build vehicles for the government to support in World War II. This made the automotive manufacturer a very vital business to the U.S. economy and now one of the largest in the world...
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...Some people think that the automobile has improved modern life,and others think that it has caused serious problems.In my opinion,the automobile,despite its obvious benefits,has caused serious problems.Among its other problems,the automobile is harmful to the environment,it is dangerous,and it is expensive. First of all,the automobile is harmful to the environment.For example,in order to make way for ther construction of highways,many forests have had to be cut down.Furthermore,the gas-consuming automoblie has caused a great deal of pollution.For instance,the smelting of steal,needed for making the automobile,has also caused a great deal of pollution. In addition,the automobile is dangerous.For example,pedestrians and cyclists get run over by cars every day.Furthermoure,drivers,as well as,passengers,get killed every day in accidents.Statistically,it is more dangerous to travel by car than by airplane.For instance,even certain features built into a car,which are designed to make driving the vehicle safer,can prove to be hazardous.The safety air bag,which is known to have caused fatalities,is a case in point. Finally,the automobile is expensive.For example,insurance costs,especially for beginner drivers,can be very steep.Futhermore,the cost of the car itself can set the purchaser back many thousands of dollars.For instance,the costs of just keeping the car on the road-costs of fuel and upkeep-add up very quickly.Perhaps,it is the cost of the automobile that poses the most serious...
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...of experience, finding a job should not be too aggravating due to the high demand in the field. 3. A) An airline would start from the suppliers numerous suppliers providing the parts for the plane. The airline supplier would then build the plane and supply to the airliner company. The airline would provide services the customer by travel or delivery my plane. B) An automobile manufacturer chain would start from the suppliers who provide the manufacturer with parts to produce the car. The automobile manufacturer would then sell the car to dealerships. The dealer would sell the final product to the customer. C) A hospital starts from the many suppliers of all hospital supplies. The suppliers of the suppliers send parts so the suppliers can produce the medical equipment, medicine, etc. Then the supplier of the final products sends the products to the hospital. The hospital uses the equipment in the aid of their patients (Customers) D) An insurance company would be the suppliers, supplying services to customers. There are no suppliers for an insurance company. The only supplier would be investors. 5. Apple has impressed me more than any service industry in the world. They are one of the most tech savvy industries today. The products available to the customers are spectacular. Products ranging from computers to phones are crucial in today’s society and apple does well to...
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...[pic] [pic] ================================== TOYOTA AUTOMOBILES COMPANY BURNASTON A38/A50, DERYSHIRE EAST MIDLANDS DE1 9TA UNITED KINGDOM TEL NO +447017026881 (Customers Care Line) STAR PRIZE WINNER This is to inform you that you have won a BRAND NEW TOYOTA CAMMRY 2013 CAR and a cash prize of (£500,000 00 GBP). The car comes with a special TOYOTA INSURANCE Cover for one whole year that is till the next promotion in 2013. It also comes with a one year warranty and FREE repairs at any TOYOTA AUTOMOBILES depot or service station worldwide. Your Batch No: 515944052/166 and Winning No: 1544 make you as one of the lucky winner in our Charity bonanza and you are advice to keep the information of your winning confidential. Congratulation once again. Please Fill the Information below: TEL NO +448713150480 |1. Full Names: Asif Khan | |2. Your Full Address: Green Park Society, Gulzar House, | |Opp V.t College, Rly Station Road | |3. Your Age: 33 yrs | |4. Your country – India | |5. Your Country– India | |6. Your City...
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...1. Leonard lamberts commercial building which had an adjusted basis of $500,000, was partially destroyed by fire. the fair market value was $800,000 just before the fire and $600,000 immeditately after Leonard received $150,000 insurance proceeds and deducted a $50,000 casualty loss. what is leonard's basis in the building before nay repairs are made? a.300,000 b.350,000 c.450,000 d.500,000 e.600,000 2.lenn sells 100 shares (basis of $5,000) of x corporation common stock on March 8 2010, for $4,000. On march 29, 2010 lenn purchases 50 shares of x common stock for $2,500. lenn's recognized loss on the sale is: a.$1000 b.$500 c.$1500 d.$0 3. in 2010 allen sold an asset which cost $70,000. allen incorrectly claimed $40,000 depreciation over a five year period. he should have claimed $50,000 depreciation. what was the adjusted basis when sold? a. $0 b. $20,000 c. $30,000 d. $50,000 e. $70,000 4.which of the following items is not a reduction to the basis of an asset? a. depreciation b. assessments for maintenance of sidewalks c. cash rebate from manufacturer d. casualty losses 5. james sold property to a buyer who paid him $400,000 cash and assumed an existing mortgage of $150,000. the property had cost $250,000 and he had made improvements of $50,000. depreciation of $100,000 has been claimed and selling expenses were $20,000. what is the amount of gain? a. $100,000 b. $200,000 c. $250,000 d. $280,000 e. $330,000 6.brian receives a nontaxable...
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...English II April 30, 2012 Automotive Collision Body Technician After an accident most damaged vehicles are towed to a auto collision shop, once at the shop someone who works at the shop will give you or your insurance company an estimate of what it will cost to repair your vehicle. Most people will experience this at least once in their lifetime, some will experience it many times. Automotive collision body technicians are knowledgeable in the field of auto body repair and possess the necessary skills to perform related repairs and custom refinishing according to the vehicle manufacturer’s specifications. Collision technicians fix damaged bodies and body parts of automotive vehicles such as cars, vans, trucks, buses, campers, and trailers. An automotive body technician with proper training, in a controlled environment, and the proper tools will return wrecked or damaged vehicles to the original condition. “Automobile collision repairers repair the damage vehicles sustain in traffic accidents and through normal wear.” (Automobile Service Technicians 209) The collision technician will attempt to repair the body damage with the tools he as in the shop. If the body part can not be repaired the technician will order a new body part to replace the damaged part. The technician will use many different types of tools to repair a vehicle. He may need to only use basic hand tools such as hammers, drills, and sandpaper. Many times the technician will fix damaged areas with solder or...
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...Case 09-7 A2 Auto Corporation Impairment A2 Auto Corporation (“A2 Auto”) is one of the world’s largest manufacturers and distributors of automobiles and automobile ancillary parts operating in the Asia Pacific and American Markets. A2 Auto’s automotive operations include the design, manufacture, assembly, and sale of passenger cars, recreational and sport-utility vehicles, minivans and trucks, and related parts and accessories. In its Form 10-K, filed with the U.S. Securities and Exchange Commission (“SEC”), A2 Auto has disclosed within Note 24, Segment Information, that it has four operating segments: (1) A2 Americas, (2) A2 Asia Pacific, (3) A2 Others, and (4) Financial Services. Note 12, Goodwill and Other Intangibles, discloses that A2 Auto has the same four reporting units. The following is disclosed within Note 11, Impairment of Long-Lived Assets, of A2 Auto’s 2010 Form 10-K: 1. On the basis of the assumptions underlying the acceleration of our strategy refocus, we project a decline in net cash flows for the A2 Americas segment, primarily reflecting lower market share assumptions, capacity reductions, and other aspects of our accelerated plan. As a result, in the third quarter of 2010, we tested the long-lived assets of this segment for recoverability and recorded a pretax impairment charge of $1.76 billion in automotive cost of sales, representing the amount by which the carrying value of these assets exceeded their fair value. 2. During the third quarter of 2010, we also...
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...mercantilism of automobile like automobile, bus. We can call them as automakers. The term AUTOMOTIVE was created from Greek word and Latin word. Greek word autos (self) and Latin word motives (of moving) and same another term AUTOMOBILE were created from Greek word autos (self) and French word mobile (moving). The term AUTOMOTIVE was coined by Elmer Sperry. Today "self-moving" vehicle is engineering magic. Which provide quick means of Transportation. Today people from all around the globe living in "world of wheels. Everyday people depend on their car, bus,...
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...Other studies have stated that it’s the drivers of automobiles which do not look out for motorcycles while driving is a real danger. Helmets will never produce a 100% survival rate but wearing them will increase your odds. Motorcycle helmets are necessary because they could save lives, help insurance premiums decrease, and they are required in other states. Some studies have shown that helmets could save one's life during an accident. Two-thirds of most accidents are caused by car drivers not paying attention to cyclists on the road. Helmets that are standard-approved with a recognized safety certification, American (ANSI Z90.4 or SNELL) should be worn while riding. Polystyrene layer inside helmets compresses to absorb the force of an impact. Helmets worn correctly and are standard- approved will reduce the risk of head injury by 85%, brain injury by 88% and severe brain injury by 75%. Due to, wearing helmets while riding motorcycles insurance premiums may reduce. Wearing helmets not only save lives, but insurance companies benefit from this also. In recent figures, 3,300 lives have been saved from wearing helmets and $4,638,173,956 saved with 100% helmet usage. Not wearing helmets has caused one's insurance deductibles to increase because it's a safety essential equipment. All cyclists should carry uninsured/underinsured motorist coverage to protect themselves in case of an accident. Some insurance companies have stated that their motorcycle customers...
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...Case Analysis Report Management 101 Submitted To: Rumana Afroze Lecturer, Department of Business Administration East West University Submitted By: |Name |Section |Student ID | |Ali N Huq |8 |2009-3-10-016 | |Asif Khan Ahad |8 |2010-1-10-236 | |Imtiaz Ahmed |8 |2010-1-10-235 | Submission Date: 18.04.2011 Table of Content |Serial |Name of Topic |Page | |1 |Executive Summery |v | |2 |Acknowledgement |3 | |3 |Company Profile |4 | |4 |Analysis ...
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...2001 to 2007 time frame. Texting while behind the wheel can even be more dangerous than a drunk driver. A texting driver travels 25 more feet than a normal driver when required to stop. Typically, a drunk driver travels four more feet than a non-impaired driver. It is a scary thought that texting while driving is worse than drunk driving. According to the University of Utah, cell phone distractions can increase reaction time as much as if you had a .08% blood alcohol concentration! Common sense should tell you texting would be the most dangerous situation. People do not need to text while driving because these accidents and tickets result in higher auto insurance rates. It is the law to have insurance on your motor vehicle. The driver risks losing his insurance or his/her rates will go up if they have an automobile accident. In my...
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...Lotus Car Rental Alternative Fuel Proposal Joshua Maldonado and John Elias COMM/215 September 3, 2013 Vincent Palmieri Lotus Car Rental Alternative Fuel Proposal Combustion engine vehicles have come a long way, especially since conventional vehicles are reaching upwards of 30 miles per gallon. Conventional vehicles have only grown more reliable over the past few decades, and continue to improve with each passing year. Due to these advancements, many would agree that there is no reason to switch over to new alternative fuel vehicles. However, Lotus Car Rental should add 100 alternative fuel vehicles to its fleet, placing 50 vehicles in Boston, MA and 50 vehicles in Los Angeles, CA. in order to maximize profit. Alternative Vehicles There are many types of alternative fuel vehicles to choose from such as ethanol flex-fuel, electric, and hybrid vehicles. In addition to regular gasoline, flex-fuel vehicles operate on E85, which is a mix of gas and ethanol. The ethanol levels of E85 range between 51% and 83% (Clean Cities, 2013). The miles per gallon are decreased when flex-fuel vehicles utilize E85 rather than regular gasoline, due to ethanol containing less energy than gasoline (Clean Cities, 2013). Regardless of this fact, many individuals power these vehicles with E85 because it is a high-octane fuel (Clean Cities, 2013). The high octane increases the vehicles power and performance, ultimately giving the driver a better driving experience. Electric vehicles use batteries...
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...A car rental or car hire agency is a company that rents automobiles for short periods of time (generally ranging from a few hours to a few weeks) for a fee. It is often organized with numerous local branches (which allow a user to return a vehicle to a different location), and primarily located near airports or busy city areas and often complemented by a website allowing online reservations. Car rental agencies primarily serve people who have a car that is temporarily out of reach or out of service, for example travellers who are out of town or owners of damaged or destroyed vehicles who are awaiting repair or insurance compensation. Because of the variety of sizes of their vehicles, car rental agencies may also serve the self-moving industry needs, by renting vans or trucks, and in certain markets other types of vehicles such as motorcycles or scooters may also be offered. Alongside the basic rental of a vehicle, car rental agencies typically also offer extra products such as insurance, global positioning system (GPS) navigation systems, entertainment systems. Although some car rental companies provide self-moving cars which are often trucks and vans to customers with house moving purpose, most car rental companies offer cars such as economy cars, midsize cars, full size cars, standard cars, premium cars, SUV mostly to travelers. From this point, Car rental companies provide transportation for travelers who temporary need cars in the travel destination, so car rental...
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...Combustion engine vehicles have come a long way, especially since conventional vehicles are reaching upwards of 30 miles per gallon. Conventional vehicles have only grown more reliable over the past few decades, and continue to improve with each passing year. Due to these advancements, many would agree that there is no reason to switch over to new alternative fuel vehicles. However, Lotus Car Rental should add 100 alternative fuel vehicles to its fleet, placing 50 vehicles in Boston, MA and 50 vehicles in Los Angeles, CA. in order to maximize profit. Alternative Vehicles There are many types of alternative fuel vehicles to choose from such as ethanol flex-fuel, electric, and hybrid vehicles. In addition to regular gasoline, flex-fuel vehicles operate on E85, which is a mix of gas and ethanol. The ethanol levels of E85 range be¬tween 51% and 83% (Clean Cities, 2013). The miles per gallon are decreased when flex-fuel vehicles utilize E85 rather than regular gasoline, due to ethanol containing less energy than gasoline (Clean Cities, 2013). Regardless of this fact, many individuals power these vehicles with E85 because it is a high-octane fuel (Clean Cities, 2013). The high octane increases the vehicles power and performance, ultimately giving the driver a better driving experience. Electric vehicles use batteries to store the energy needed to operate its one or multiple motors. These batteries are charged by plugging into an electri¬cal power source (Clean Cities, 2013). Another...
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