Answer:
The answer is: Invalid
Explanation:
The Uniform Commercial Code (UCC) requires that financial instruments need to be freely transferable. In order for a written instrument to meet this requirement, they must be moveable. Since Jaime wrote the promissory note on the side of large immovable boulder, it doesn't qualify as moveable. So the promissory note is invalid.
Answer:
Correct option is (b)
Explanation:
Sole proprietorship is owned by a single person. The business is not separate from the owner and owner is responsible for the liabilities and assets of the organization.
Owners enjoy the entire profits earned from business less taxes paid to the government. Similarly, owners bear the losses incurred from operations.The owner does not have to share profits with anyone like in the case of partnership firms and corporations.
Answer: D. None of the statements is true.
Explanation:
When multiple residences are owned, tax laws indicate that itemized deductions for interest paid on mortgages are limited to the mortgages of 2 residences alone being the primary residence and any other residence that will be chosen as the second residence in the tax year.
As such, all the options are wrong as they would be limited to itemized deductions on mortgage interest for;
= $290,000 + $400,000
= $690,000 being the first 2 residences
The lesson of eastern island was that
conservation of resources is necessary for sustainable societies. Easter Island was specified
the name rapa nui or great rapa by tahitian sailors in the 1860’s, as it
reminded them of rapa which is a small island in french polynesia and now commonly
referred to as rapa iti. T<span>he story of the easter islanders is tragic but at the
same time a good lesson for all of the people. They had a highly industrialized
civilization for about 600 years but ignored the environmental consequence of
their standard of living and broken down in catastrophe. </span>
