Which of the following is an INCORRECT statement regarding silence as​ misrepresentation?

a. Silence can constitute misrepresentation if there is a fiduciary relationship between the contracting parties.
b. Silence can constitute misrepresentation if federal and state statutes require disclosure.
c. ​Generally, each party to a contract owes a duty to disclose all the facts to the other party.
d. Silence can constitute misrepresentation if​ non-disclosure would cause death.
e. Silence can constitute misrepresentation if​ non-disclosure would cause bodily injury.

Answers

Answer 1

Answer:

c. Generally, each party to a contract owes a duty to disclose all the facts to the other party.

Explanation:

in law,silence does not lead to any legal liability.contractual relationship between 2 or more parties,  there is  generally no duty to disclose anything to the other side as just keeping silence does not constitute misrepresentation


Related Questions

What is the typical educational requirement

Answers

Answer:

An associates degree in a certain field. I think this is what you are looking for?

You need to attend a Regular 4 year undergraduate college and then you need an additional 3 years of law school. You would also have to Pass a law schools admission test

Banking Problems. Constance and Blair are both loan officers at ABC Bank. Constance, being somewhat dishonest, tells Henry, a customer of the bank who is wealthy and rarely checks the status of outstanding loans and balances, that she is collecting money for a local animal shelter. She asks him to sign a pledge that he will contribute $50 to the animal shelter. In fact, she had him sign a promissory note made out to her for $5,000, which she later endorsed to Richard. Henry proceeds back to one of his businesses, a used car dealership. Taylor comes in to purchase a used car. He and Henry agree that Taylor will purchase a used car for $3,000. Martha also comes in, and she and Henry agree that she will purchase a used car for $4,000. Both Taylor and Martha make out promissory notes payable to Henry. At the end of the day, Henry is looking through the notes and decides that Taylor's was mistakenly made out for $3,000. Henry mistakenly, but honestly, believed that the deal was for $3,500. Therefore, he changes the note to reflect that Taylor owed $3,500. Henry, on the other hand, simply did not like Martha. He decided that $4,000 was not enough for the car. Accordingly, he changed the note to $4,500. Which of the following is true regarding Martha's liability to Henry?
a. He will be liable because an official banking document was involved. 0 O He can claim fraud in the inducement
b. He will be liable without further inquiry unless he can establish that the note had not been endorsed to a holder in due course.
c. He can claim fraud in the factum, and whether he is liable or not will depend upon whether a court determines that he should have known what he was signing
d. He will not be liable, because a party is never liable when the party signed a negotiable instrument without knowing that it is, in fact, a negotiable instrument

Answers

Answer:C

Explanation:

Out of the choices provided above, it can be concluded to state that the Martha's personal liability to Henry will be such that he can claim fraud in the factum, and whether he is liable or not will depend upon whether a court determines that he should have known what he was signing. Therefore, the option C holds true.

What is the significance of personal liability?

Personal liability can be referred to or considered as the liability that has to be borne by the person in his or her individual capacity. For example, a sole proprietorship has personal liability, wherein the owner of the business is liable for all the losses in an organization, if any.

For the above situation, Martha will be decided by law is he is personally liable towards Henry. This is because he is given the protection to claim fraud in the factum, and the liability of Martha will be determined by the verdict or the decision given by a court of law in this regard.

Therefore, the option C holds true and states regarding the significance of personal liability.

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What is a "poison pill" in the US? (also called "shareholders' rights plan). How does it work? Why does it render the acquisition of further shares in a target company, fruitless or impossibly expensive?

Thanks!!

Answers

Answer:

A poison pill is a defense tactic utilized by a target company to prevent or discourage hostile takeover attempts. Poison pills allow existing shareholders the right to purchase additional shares at a discount, effectively diluting the ownership interest of a new, hostile party.A poison pill is a defense tactic utilized by a target company to prevent or discourage hostile takeover attempts. Poison pills allow existing shareholders the right to purchase additional shares at a discount, effectively diluting the ownership interest of a new, hostile party.



Law is a practical discipline; theory has no place in law. With specific references to the Law of Contract. In favor or against it. Discuss (20 marks)

Note:please the answer should be at least 800 words.

Please add references below the answer(use APA format including author's last name and year of publication, for direct quotations include the page number as well and all websites used to retrieve materials must be referenced)

Answers

Answer:

This statement is incorrect, since the theory has enormous relevance in law.

Explanation:

The law is basically a set of norms that regulates life in society, establishing guidelines for coexistence and rules of conduct that, if not complied with, have consequences that can range from simple fines to time in prison.

But unlike what the statement says, the law is composed of a theoretical component, which implies the sociological and cultural study of the law and the society to which it will apply, the consequences that it may have and its use in other societies. Without this study, the laws would be empty of content, since they would be simple rules without any basis and, therefore, very easy to be broken.

Law is a practical discipline, theory has no place in Law, with a specific references to Law of contract, discuss.

Answers

Answer:

The statement is false, as law is also composed by legal theory.

Explanation:

Legal theory is the attempt to systematically present the law in all its forms and to gain verifiable knowledge.

In contrast to legal dogma, legal theory does not focus on certain objects of legal regulation (that is, not on certain obligations, criminal offenses or constitutional structures), but on the concept of state law itself.

The legal theory deals empirically with the effects of norms on society. The sociological and psychological question arises whether and how legal norms affect people's behavior. These are studies of the actual application and compliance with the law in society, its recognition by judges and citizens.

Analytically, it is about examining the legal language, the structure of the legal norms and the structure of the legal system.

From a normative point of view, it deals with the concept of law itself, its validity and the methods of applying law.

What should boaters do when operating a vessel on different waterways?

Answers

Answer:

Pay that country

Explanation:

They have free access to their own registered country, most register under Liberia, they have very little tax

When operating a vessel on different waterways the boaters should not spread non-native species to another area.

What is waterways?

Waterways is one of the form of water body through which ships can be navigated.

The species of non-natives should not be spread by the boaters in another area by operating a vessel on different waterways. They should maintain a safer speed, also helped other vessel if seen outside and the communications from the radio etc. can be applied by other waterways.

Therefore, the boaters should not spread non-native species at the time of working on a vessel.

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What happens first when a bill is introduced in the house?

Answers

Answer:

The House votes to approve or reject the bill. Than the bill goes back to the committee and they approve or make changes. It will g back and forth until the bill gets to the president. If the president accepts the bill, it becomes a law. If the president "vetoes" the bill, it goes all the way back to the starting line. All the houses are equal, and a bill may take years and still not become a law. It can take the rest of someone's life, it all just depends what the different houses think about the changes and acceptions or the bill.

Explanation:

Probable cause is:

1) a precedent-setting term concerned with the use of undercover operations.
2) a police procedural issue concerned with the use of deadly force.
3) a legal explanation for the use of interrogation as a means to elicit a confession.
4) a set of facts that cause a reasonable person to believe that a person committed a specific crime.

Answers

Answer:

4

Explanation:

im no law expert, but I know what probable cause is

Celia Tapia (DOB 05/18/1970) experiences issues with repeated urinary tract infections. She is in the office today to provide a clean catch urine specimen. Around 10:30 am, after providing the specimen and while washing her hands, she spilled water on the floor and slipped. Dr. Martin and the Medical Assistant assisted Ms. Tapia back to her exam room. The medical staff has been notified and it was decided that an absorbent mat should be placed in front of the sink so this doesn’t happen again. Dr. Martin determined that Ms. Tapia developed minor bruising. Complete an Incident Report for this accident.

Answers

Answer:

Incident Report  on Celia Tapia

Date: June 3, 2020        Time: 10.32 am.       Location: Women's Room C16

Facts:

1. Celia Tapia (DOB 05/18/1970) visited the office to provide a clean catch urine specimen due to repeated urinary tract infections.

2. Around 10:30 am, after providing the specimen and while washing her hands, she spilled water on the floor and slipped.

3. She was assisted back to her exam room by Dr. Martin and the Medical Assistant.

4.  The medical staff was notified immediately.

5. Ms Tapia developed minor bruising, according to Dr. Martin.

Analysis:

1. The accident was caused by water that spilled on the floor while Ms Tapia was washing her hands.

2. The floor requires to be dry at all times.

Recommendation:

1. An absorbent mat should be placed in front of the sink to forestall future occurrence.

Witnesses:

Dr. Martin and his medical assistant

Explanation:

a) Incident: An incident is an event (illness, injury, near miss, and accident) that happens at a time in a particular location.

b) An incident report is a formal one to document all workplace illnesses, injuries, near misses, and accidents.  An incident report should be completed at the time an incident occurs no matter how minor an injury is.

c) The purpose of recording an incident report is to enable full investigations to be initiated and remedial actions be taken.  It also helps in case there is a legal claim.

ALAP
What is law really

Answers

Rules is the answer

Which diagram correctly arranges systems of government in order from least powerful to most powerful?

A. Constitutional, Authoritarian, Anarchy
B. Authoritarian, Anarchy, Constitutional
C. Totalitarian, Constitutional, Authoritarian
D. Anarchy, Authoritarian, Totalitarian

Answers

Anarchy, Authoritarian, and totalitarianism correctly arrange systems of government in order from least powerful to most powerful. Thus option D is correct.

What is government?

The group of people who make up a municipal unit's or an institution's regulatory agency. An organized population is governed by a system or group of individuals, typically a state. The government often consists of the legislative, executive, and judicial branches in the situation of its broad integrative definition.

Anarchy is a condition of disarray brought on by a lack of respect for or disregard for authority or other governing mechanisms.

Authoritarianism is supporting or imposing slavish submission to authority, particularly that of the government, somewhere at expense of human freedom.

Totalitarianism is a kind of government that demands total submission to authority and is autocratic and centralized.

Therefore, option D is the correct option.

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Darren set up a land trust so that his children could benefit from his real estate investments after he dies. He asked his financial advisor Tom to manage the trust. Darren is the _______.

Answers

Answer:Darren is the TRUSTOR

Explanation:

A TRUSTOR also known as settlor or grantor is one who creates a trust and transfers fiduciary duty on property to another person who is the trustee to manage the asset for the benefit of the beneficiaries.

Here, Darren, The Trustor sets up a land trust for the benefit of his children the beneficiaries and gives Tom , the Trustee to manage on behalf of his children.

Lois considers herself an act utilitarian. Accordingly, which of the following statements is Lois MOST likely to make?

Answers

Answer:

its c

Explanation:

The TEACH Act allows teachers to make multiple copies of
copyrighted works for use in face to face and online classes.

Answers

Answer:

True

Explanation:

Multiple Copies: A teacher can make multiple copies (one per pupil in a course) of something for classroom use or discussion, as long as: poems are less than 250 words and two pages, prose is less than 2,500 words or an excerpt, and only one diagram/picture is copied from a single work.

Five (5) grounds upon which the Registrar can lawfully refuse to register a partnership

Answers

Answer: The five grounds are based on the law based on which the registrar can refuse the dealing of properties between two or more parties.

Explanation:

1. The power of attorney holder dies or the attorney has canceled the right of sale of the property.

2. If the seller is minor cannot sell the property.

3. If there is overwriting or cutting or any kind of document alternation on the deed.

4. If any court has kept a stay order on the property deed.

5. If the identity of the seller is in doubt.

How many 20s are in an 8ball of coke

Answers

Answer:

There are 8.75 20s in 8 ball of a coke.

Explanation:

An 8 ball is used to describe an eighth part of an ounce of an illegal drug (coke). It is equal to 3.5 grams. And a 20s is 0.4 grams, which shows that there are 2.5 20s in 1 gram of a coke.

Since 8 ball has a value of 3.5 grams and a 20s is 0.4 grams, thus;

the number of 20s in 8 ball of a coke = [tex]\frac{3.5}{0.4}[/tex]

                                = 8.75

Therefore, there are 8.75 20s in 8 ball of a coke.

Law is a practical discipline discipline ;theory has no place in law. With specific references to the law of contract discuss

Answers

ANSWER:

Law is a practical discipline because it is a discipline that guilds ones action, and define the rules one have to observe in taking an action

Contract law is the law that binds an agreement between two parties with a mutual intension. This law enforces what each party have to offer to the other, and what the penalty will be if one should offend the agreement.

These law can be use to describe law to be practical because the agreement which the law enforces, are their actions toward each other. These actions are described as the conducts which is abide by the contract enforced by the law.

Example; Mr Obi and Mr Michael signed an agreement to exchange their smart phone with each other. But also agreed that anyone who's smart phone is faulty when exchanged, will pay a fine and return back the phone he collected.

The law that enforces this agreement in the example above is called a contract law. This is a practical example of law, because it is law that abides their actions in the exchange of phone and passing out penalty.

Law is a practical Discipline, theory has no place in law. With specific reference to the law of contract, discuss

Answers

Answer:

The statement is incorrect: legal theory is an important part within the discipline of law.

Explanation:

The theory of law is a legal science systematically dealing with all legally relevant facts and phenomena. It therefore examines law as a normative system and a set of legal norms. It also deals with legal relations, the position of law in society, the social influence of law, the culture of law and the relationship between law and man (legal anthropology). A special issue is the relationship between the state and law.

Bentham and Kant agree on which of the following?


a) Pleasure is the only thing that is good without qualification.
b) Individual rights limit what can be done in the name of maximizing aggregate happiness.
c) The good will is the only thing that is good without qualification.
d) Maximizing pleasure and minimizing pain is all that matters, morally speaking.
e) Morality constrains individual self-interest.

Answers

Answer:

d) Maximizing pleasure and minimizing pain is all that matters, morally speaking.

Explanation:

Immanuel Kant was born in 1724 and he died in 1804. He was a German modern philosopher who was known for some of his unique views on taste, sensation, respect, pleasure and pain. Jeremy Bentham was an English philosopher, who was born in 1748 and died in 1832.

Jeremy Bentham wrote in his utilitarian principle that, 'actions are right if they produce pleasure and avoid pain'. He believes that all actions of man are subject to and detected by pain and pleasure. Immanuel Kant agrees with him in the believe that the morality of our actions are right if they produce the feeling pleasure, when he said in the Groundwork, that "man's reason have the capacity to induce a feeling of pleasure or of delight in the fulfillment of duty"

So both philosophers agree that there are moral backing for our actions, and they are aimed at limiting the pain we suffer and maximizing pleasure.

Answer:

E

Explanation: Bentham and Kant agree on which of the following?

a) Incorrect. Kant does not believe that the only thing that is good without qualification is pleasure. Rather, Kant believes that the only thing that is good without qualification is the good will ("Nothing can possibly be conceived in the world, or even out of it, which can be called good, without qualification, except a good will." I. Kant, Groundwork for the Metaphysics of Morals, First Section, Transition from the common rational knowledge of morality to the philosophical).

b) Incorrect. While Kant believes that individual rights limit what can be done in the name of maximizing aggregate happiness, Bentham does not.

c) Incorrect. While Kant believes that the good will is the only thing that is good without qualification, Bentham believes that the good is best characterized in terms of pleasure.

d) Incorrect. While Bentham believes that maximizing pleasure and minimizing pain is all that matters, morally speaking, Kant does not (Kant is not a utilitarian).

e) Correct. Both authors believe that morality puts limits on what any given individual may do in the pursuit of his or her self-interest. For example: Kant argues that one should never make a lying promise, even if it is in one's interest to do so; Bentham argues that one should maximize everyone's aggregate pleasure minus pain, not only one's own.

a. If you were the Garrett family's attorney, what arguments would you make at the trial? What


evidence would you want to introduce during the trial?

Answers

Answer:

Since Mrs Garrett had died suffering from lung cancer as a result of having been smoking cigarettes for 20 years, suing ABC Tobacco Company I'd have argued that it was these cigarettes from the aforementioned company that resulted in her developing a cancer of the lungs and subsequently dying from it. As evidence, I would present her medical reports that state clearly and without a shadow of doubt that the cause of death in her case was indeed lung cancer.

Hope that answers the question, have a great day!

The evidence that Garrett family's attorney should introduce during the trial is that Mrs. Garrett died of lung cancer.

Based on the complete information, it was stated that Mrs. Garrett dues from lung cancer due to the fact that she had been smoking cigarettes for quite a number of years.

Therefore, this will have been presented as evidence to sue ABC Tobacco company that it was the cigarettes that led to cancer that she had and the eventual death.

The medical report that showed that she had cancer should also be presented to support the claim.

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It’s always a good idea to shop around for the insurance that’s going to give you the _____ for the least amount of money.
A. most coverage
B. best free perks
C. easiest sign-up process
D. largest policy

Answers

Answer:

I would feel bad if I gave the wrong answer. So here's this to help. Sry.

Explanation:

Shopping around for insurance is one of the best ways to ensure that you're paying the best rate based on your circumstances. It gives you the ability to compare the rate offered by your current insurance provider with other providers – to properly assess your rate.

Always shop about for the insurance that will provide you with the most coverage for the least amount of money. i.e. Option A.

What is the aim of a policy of insurance?

The section of an insurance policy defines the insured's and insurer's general requirements on subjects such as loss reporting and settlement, property assessment, and other issues.

Its goal is to lower financial risk and make unexpected losses more bearable. It does so by paying a professional insurer a small, predetermined fee—an insurance premium—in consideration for the risk of a substantial loss and a promise to pay in the event of such a loss.

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Robert is about to graduate college, and his parents tell him that because he is the first member of the family to graduate college, they want to buy him a new, but inexpensive, car. They have the money to buy the car, and Robert is excited about getting his gift. Robert owns a used car but has never owned a new car, so this will be his first. He decides to keep his used-car because he had been promised a new car by his parents for his high school graduation and never got it. On graduation day, his parents tell him that they have decided to use the car money for a vacation and there will be no new car. Legal recourse?

Answers

Answer:

Robert cannot successfully sue because he did not rely to his detriment on the promise

Explanation:

Racecourse is a person's resort, soliciting or soliciting the courts, another person, manufacturer of a product, assistance or protectionLegal intercourse, on the other hand, is a deliberate act (action) performed by an individual, group or corporation for a permanent solution to legal difficulties. It comes in a suit, petition or other way. Promissory estoppel can be defined as rules, principles, or laws that prohibit a party from acting differently, even if the first party does not promise, and the other party relies on the promise made and worked for it, but in Robert's case, he does not believe in the promise but his own used car.

How long will it take for a $1000 investment to double if the bank gives you a rate of .25%?

Answers

Answer:

Number of period(n) =277.65

Explanation:

Given:

Amount invested(p) = $1,000

Amount at the end of period(A) = 2 × Amount invested = 2 × $1,000 = $2,000

Rate of interest(r) = 0.25% = 0.0025

Find:

Number of period(n) = ?

Computation:

[tex]A=p(1+r)^n\\\\2,000 = 1,000 (1+0.0025)^n\\\\2=(1.0025)^n\\\\n = 277.65[/tex]

Number of period(n) =277.65

Aristotle and Rawls have opposing views about the relation between justice and moral desert. What best characterizes the difference?


a) Aristotle argues that justice is giving people what they deserve, while Rawls believes that moral desert is irrelevant when it comes to a just distribution of goods.
b) Rawls argues that a distribution is just only if everyone gets what he or she deserves while Aristotle believes that a distribution is just if fair equality of opportunity is realized.
c) Aristotle believes that a distribution is just if everyone gets what he deserves, while Rawls believes that a distribution is just if and only if everyone gets an equal share.
d) Rawls argues that a distribution is just if the position of the worst off is maximized, while Aristotle believes that a distribution is just if the position of the worst off is minimized.
e) Aristotle believes that a distribution is just if everyone gets an equal share, while Rawls believes that a distribution is just if everyone gets what he or she deserves.

Answers

Answer:

The correct option is A: Aristotle argues that justice is giving people what they deserve, while Rawls believes that moral desert is irrelevant when it comes to a just distribution of goods.

Explanation:

Rawls was dismissive towards the idea of moral desert whereas Aristotle believed that the distribution of goods should be done on the basis of merit. The two philosophers had their own line of logic and having differing point of views does not mean that they cancel out one another in any way.

Hope that answers the question, have a great day!

Answer:

1

Explanation:

Which statement alligns with the supreme court’s ruling in brown vs board of education

Answers

Answer:

Separate treatment based on race is inherently unequal.

Explanation:

Law is a practical discipline; theory has no place in law. With specific references to the Law of Contract, discuss. 700 words limit


The APA referencing style

Answers

Answer is given below

Explanation:

The contract is a branch of private law. It is concerned with private obligations arising in relation to natural and artificial people's symmetrical relations, rather than public obligations arising in relation to hierarchical relations between individuals and state. The contract is specific, at least in its traditional expression, to the obligations of the selected, or voluntary, obligations - that is, the obligations set out by the parties' intentions. This entry describes the doctrinal and theoretical accounts of contract law - with particular emphasis on the law of torture and antitrust law, contract law, and the relationship between two close neighbor. Law is a very interesting discipline and honestly speaking, law is a discipline that deals with other careers or disciplines or professions. Every work or work or profession has its own law. The law binds people and their every move or way of doing thing. Law is a practical discipline because all you have to do is apply it, whatever it is (the law) has a lot of applications. For example, using LAW OF CONTRACT as a specific reference must be done in accordance with the law, if anything happens in a contract.

What are some potential problems or risks of relying on the information provided by anonymous 9-1-1 callers to serve as proof of impending criminal activity?

Answers

Answer:

They could be lying

Explanation:

Like the case of Ahmaud Arbery, they(Father and adult son) said he was a criminal, he could have been but there was not substantial evidence of that

The supreme court serves what important function in the us federal goverment

Answers

Explanation:

The supreme court has its power of judicial review, it plays an essential role in ensuring that each branch of government. the president and Congress, recognizes the limits of it's own power

True or False: After coming to a complete stop, motorists are not permitted to complete a right turn during a presentation of a CIRCULAR RED signal. A left turn into a left moving one way street is also permitted.

Answers

The answer is False.

A change in or addition to the constitution is called a

Answers

Answer:

amendment

Explanation:

Answer:

Amendment

Explanation:

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True or False Conventional symbols are recognized by all different populations and groups.TrueFalse In December 1955, Shirley, a fictional 9-year-old black girl in Montgomery, Alabama, might have written these letters to her cousin Elizabeth in Detroit, Michigan...December 5, 1955Dear Elizabeth,Guess whats happening in Montgomery? We are having a bus boycott! Do you know what that is? Its when a lot of people refuse to use a service like the city bus as a way of protesting something. Starting today, black people wont ride the buses anymore because of the unfair way the bus company treats us.Remember how it is here? The black people have to sit in the back of the bus, and the white folks get to sit up front. If the bus gets full, the black people have to give up their seats to the whites. Its the law. Youre lucky that in Detroit, you can sit anywhere you like on the bus. That must be nice. Heres why were having the boycott: Last week, a black woman here named Rosa Parks was riding the bus. She was on her way home from work. When the bus got full, the driver told her to get up and give a white person her seat. She refused! So the police came and arrested her. They took her to jail! Can you believe it? Mrs. Parks said she was tired of giving in to white people. So now, all 50,000 black people in Montgomery arent going to ride the bus at all until things change. The bus company sure is going to lose a lot of money! Were all trying to help each other. Most black folks here dont have cars. The ones that do are driving others to work. Black taxi drivers are charging only a dime (the same as the bus fare) instead of 45 cents for a ride. Thousands of people are walking miles to work, school, and church. The buses are practically empty!The new minister in town, the Reverend Martin Luther King Jr., is the leader of the boycott. He says that if we protest peacefully with courage and dignity,we can make great changes for black people. Until then, Ill keep walking! Love, ShirleyOver a year later, Shirley writes again.December 21, 1956Dear Elizabeth,You wont believe what I did today I rode in the front of the bus!The boycott is finally over, after 381 days. I never thought it could last this long, because the bus company was losing so much money. But the city officials did everything they could to stop the boycott without changing the seating rules. They arrested black drivers for the slightestreason. They made black taxi drivers charge full fare.They arrested people who were waiting for rides. Hundreds of people lost jobs and went to jail. A lot of white people were really angry, and Reverend Kings house was bombed! Our black leaders went to court to end segregationon the buses. The city fought the case all the way to the Supreme Court.Now the Supreme Court has said that we can sit wherever we want on the buses.It wasnt easy for people to walk so far in all kinds of weather. My friends and I wore out our shoes walking to school. But weve kept up our spirits.We believe this boycott is just the start of equal rights for our people! Tell Aunt Louise you want to come down and visit me here. Well ride the bus up front together!Love, Shirley How does Shirley respond to the bus boycott? A Shirley is angry that a bus boycott is necessary for black people to be treated fairly. B Shirley is hopeful about the bus boycott and willing to do her part to create change. C Shirley complains about having to walk everywhere, since she cant use the bus. D Shirley hesitates to join her friends and family in the bus boycott, as its going to be a lot of work. Please answer the following attachment down below.I would greatly appreciate it if you did. how did President Thomas Jeffersons actions affect Manifest Destiny? What is the third term when you complete the square for the polynomial x^2 + 8x?481664 Departmental overhead rates LO P2 Textra Plastics produces parts for a variety of small machine manufacturers. Most products go through two operations, molding and trimming, before they are ready for packaging. Expected costs and activities for the molding department and for the trimming department for this year follow. (Round "OH rate and cost per unit" answers to 2 decimal places.) Direct Labor hours Machine hours Overhead costs Molding Trimming 52,000 DLH 48,000 DLH 30.500 MH3 , 600 MH 6752,000 $612,000 Data for two special-order parts to be manufactured by the company in this year follow: N Part 270 9.300 units Part XB2B 54,500 units ot units Machine Tours Maldin Terming Direct labor hours Molding Trening 5,100 MH 2.600 MIL 1.020 MH 650 MH 5,500 DL 700D 2,150 DLH , 500D Required: 1. Compute a departmental overhead rate for the molding department based on machine hours and a department overhead rate for the trimming department based on direct labor hours. Molding 01 Trimming 2. Determine the total overhead cost assigned to each product line using the departmental overhead rates from requirement 1, 3. Determine the overhead cost per unit. What the volume for each problem.Need help asap.