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Vikentia [17]
3 years ago
12

A chain of parking garages recently offered customers the ability to pay for parking on their mobile phone instead of paying at

an office or feeding a parking meter. This is an example of a business making use of the technology known as__________
Business
1 answer:
Fittoniya [83]3 years ago
7 0

Answer:

Contact-less payment technology

Explanation:

In contact-less payment, payment is made without any physical contact between the payer and receiver business. This payment mechanism makes use of NFC (near the field communication) technology.  

Contact-less payment mechanism reduces cost for staffing and also removes need for collection of cash. This means that parking facilities are managed remotely.  

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While sitting beside a swimming pool, your neighbor Bob, a roof installer, tells you that you should buy stock in HotNet because
Nesterboy [21]

Answer: d) Cannot sue Bob for misrepresentation

Explanation: A misrepresentation is a false statement made from one person to another that a certain fact is true or accurate when it is indeed false. The fact that the value of the stock I bought on Bob's opinion does not give me the right to sue him for misrepresentation (intentional). The reason is this, Bob's expression of his opinion concerning the HotNet stock does not usually constitute a misrepresentation even when it turns out that his opinion is incorrect. It wasn't intended, however, he could be sued for negligent misrepresentation.

8 0
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This year Nathan transferred $1 million to an irrevocable trust established for the benefit of his nephew. The trustee is direct
iren [92.7K]

Answer:

Zero- there is a $10 Million exemption equivalent ( d )

Explanation:

Annual exemption to be ignored = $15000

$1 million  to an irrevocable trust

taxable gifts = $6 million

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The gift tax must remit in 2017 is zero because there is a $10 million exemption because of the annual exception ( even if the annual exception is ignored ) and  the lifetime benefits on taxable gifts that Nathan has is approximately $11.4 million, hence he wont be remitting any amount on gift tax in 2017

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Exercise 4-11 Computing net sales for multiple-step income statement LO P4 A company reports the following sales-related informa
dezoksy [38]

Answer:

Net sales revenue= 220,100

Explanation:

Giving the following information:

Sales, gross $ 245,000

Sales returns and allowances $ 20,000

Sales discounts 4,900

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<u>Sales salaries expense is not a part of the net sales in a multiple-step income statement. The net sales are as follow:</u>

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Sales returns and allowances=  (20,000)

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Net sales revenue= 220,100

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