Question
In: Operations Management
Consider the following facts: Tom was sued by Aaron. After trial, Aaron received a Judgment against...
Consider the following facts:
Tom was sued by Aaron.
After trial, Aaron received a Judgment against Tom in the
amount of $20,000.
Tom works for Alex.
Aaron filed for, and received, a Garnishment of Tom’s
wages.
The Garnishment allows Aaron to receive $100/week from Tom’s
paycheck.
Aaron served the Garnishment on Alex.
Which of the following is true?
Options:
If Alex ignores the Garnishment, he may be liable to Aaron for
up to $100.
If Alex ignores the Garnishment, he may be liable to Aaron for
up to $19,900.
If Alex ignores the Garnishment, he will not be liable to
Aaron for any funds, because he was not a defendant in the original
case.
If Alex ignores the Garnishment, he may be liable to Aaron for
up to $20,000.
Solutions
Expert Solution
The correct answer is : If Alex ignores the Garnishment,he may liable to Aaron for up to $ 20000
Since the judgement against Tom required him to pay an amount of $ 20000,Tom's employer Alex is required by the law to hold Tom's paycheck and pay Aaron an amount of $ 100/week.It is Alex's responsibility to pay Aaron and if he ignores the garnishment order,then he is personally liable to pay the entire amount of garnishment.The court might also take disciplinary action against Alex for ignoring the garnishment.
keosha answered 2 years agoRelated Solutions
Tom Zopf owns and manages a computer repair service, which had the following trial balance on...
Tom Zopf owns and manages a computer repair service, which had
the following trial balance on December 31, 2016 (the end of its
fiscal year).
TABLETTE REPAIR SERVICE, INC.
Trial Balance
December 31, 2016
Debit
Credit
Cash
$ 8,000
Accounts Receivable
15,000
Supplies
11,000
Prepaid Rent
3,000
Equipment
21,000
Accounts Payable
$17,000
Common Stock
30,000
Retained Earnings
11,000
$58,000
$58,000
Summarized transactions for January 2017 were as follows.
1.
Advertising costs, paid in
cash, $1,000.
2.
Additional supplies acquired...
Tom Zopf owns and manages a computer repair service, which had the following trial balance on...
Tom Zopf owns and manages a computer repair service, which had
the following trial balance on December 31, 2016 (the end of its
fiscal year).
TABLETTE REPAIR SERVICE, INC.
Trial Balance
December 31, 2016
Debit
Credit
Cash
$ 9,000
Accounts Receivable
15,100
Supplies
12,700
Prepaid Rent
2,800
Equipment
19,300
Accounts Payable
$16,500
Common Stock
31,000
Retained Earnings
11,400
$58,900
$58,900
Summarized transactions for January 2017 were as follows.
1.
Advertising costs, paid in cash, $1,120.
2.
Additional supplies acquired...
Tom Zopf owns and manages a computer repair service, which had the following trial balance on...
Tom Zopf owns and manages a computer repair service, which had
the following trial balance on December 31, 2016 (the end of its
fiscal year).
TABLETTE REPAIR SERVICE, INC.
Trial Balance
December 31, 2016
Debit
Credit
Cash
$ 9,000
Accounts Receivable
15,100
Supplies
12,700
Prepaid Rent
2,800
Equipment
19,300
Accounts Payable
$16,500
Common Stock
31,000
Retained Earnings
11,400
$58,900
$58,900
Summarized transactions for January 2017 were as follows.
1.
Advertising costs, paid in cash, $1,120.
2.
Additional supplies acquired...
Tom Zopf owns and manages a computer repair service, which had the following trial balance on...
Tom Zopf owns and manages a computer repair service, which had
the following trial balance on December 31, 2016 (the end of its
fiscal year).
TABLETTE REPAIR SERVICE, INC.
Trial Balance
December 31, 2016
Debit
Credit
Cash
$ 8,000
Accounts Receivable
15,000
Supplies
11,000
Prepaid Rent
3,000
Equipment
21,000
Accounts Payable
$17,000
Common Stock
30,000
Retained Earnings
11,000
$58,000
$58,000
Summarized transactions for January 2017 were as follows.
1.
Advertising costs, paid in
cash, $1,000.
2.
Additional supplies acquired...
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