What is local business<br>

Todd offers to shovel the snow off Maria’s patio for $25. Maria agrees verbally and shakes Todd’s hand to sign off on the agreem

AfilCa [17]

Answer:

express and bilateral contract

Explanation:

An express contract is a contract in which the parties involved have carefully and explicitly/openly set the terms of the contract.

This contract contains agreements of both parties either verbally or in writing. Express contracts are also called Special contracts.

from the question, Todd's offer to shovel Maria's patio for a fee and her acceptance of the fee for the job is an express contract as it is oral.

A bilateral contract on the other hand is a contract in which both parties involved agree to their part of the contract. In the case of the question, Todd's part is to shovel Maria's patio while Maria's part of the contract is to pay Todd $25 for the job.

I hope this helps.

7 0

4 years ago

A newly issued 10-year maturity, 4% coupon bond making annual coupon payments is sold to the public at a price of $800. What wil

madam [21]

Answer:

40 dolllar for interest income

Explanation:

The taxable income will be the interest for the annual coupon payment:

$1,000 face value x 4% = $40

The purchase price will be considered for taxation purpose under capital gain if the bond is sold which is not the case. Thus, we must only determinate taxes considering the interest income from the coupon payment.

6 0

4 years ago

A federal covered registered investment adviser completes a notice filing with the State on October 1st. This will:

Masteriza [31]

Answer:

This will:

C. expire on December 31st of the current year

Explanation:

A Registered Investment Adviser (RIA) can be an individual or company that provides investment advice portfolio management services for individuals who have a high net worth. A RIA has an obligation to it's client to offer advice and management in the client's best financial interest. One of the requirement of an RIA is to be registered by the Securities Exchange Commission or the state securities administrators. RIAs are usually paid based on the value of the assets they manage on behalf of their clients, usually 1% of the total value of the assets. RIAs usually operate on a fiduciary capacity. This means that they are held at a higher regard than registered representatives which means that their conduct towards the client's interest should be impeccable even if their own interest is at stake.

When an annual registration is made, it is valid only until December 31st of that particular year. Registrations and notice filings can be made by an agent, investment adviser or even and investment adviser representative. However, if a registered investment adviser renews their annual fee, the expiry date is carried forward to the following year.

6 0

3 years ago

On January 2, 20Y4, Whitworth Company acquired 40% of the

Gelneren [198K]

Answer:

Journal entries needed for:

a. Purchase of stock

b. Share of Aloof income

c. Dividend

d. Sale of Aloof company stock

a. Purchase of stock

Date Account Title Debit Credit

Jan 2, 20Y4 Investment in Aloof company $340,000

stock

Cash $340,000

b. Share of Aloof income

Date Account Title Debit Credit

Dec 31, 2024 Investment in Aloof company $72,000

stock

Income of Aloof Company $72,000

<u>Working:</u>

= 40% * 180,000 income

= $72,000

c. Dividend

Date Account Title Debit Credit

Dec 31, 2024 Cash $4,000

Investment in Aloof company $4,000

stock

<u>Working:</u>

= 40% * 10,000 dividend

= $4,000

d. Sale of stock

Date Account Title Debit Credit

Dec 31, 2024 Cash $405,000

Loss on sales of Aloof $3,000

company stock

Investment in Aloof company $408,000

stock

<u>Working:</u>

Value of stock = Purchase price + share of Aloof income - Share of dividend

= 340,000 + 72,000 - 4,000

= $408,000

6 0

3 years ago

a realistic and cost-effective starting point for emergency services in low-income countries could be: a. major expansion of eme

vredina [299]

<h3>b) emergency transport</h3>

Emergency transport is used to get a patient to a hospital quickly. Medical transport involves moving someone who needs or wants medical care during the journey.

"Emergency care can make an important contribution to reducing avoidable death and disability in low- and middle-income countries. But emergency care needs to be planned well and supported at all levels--at the national, provincial and community levels"

The misconception that emergency transport cannot be cost effective in low-income settings is demonstrably inaccurate. "With better planning, the ongoing costs of emergency care can result in better outcomes and better cost-effectiveness. "

Hence the correct option is b) emergency transport

To learn more about emergency transport click below

brainly.com/question/20660966

#SPJ4

7 0

2 years ago

What is local business​

What is local business