Answer:
c. she can file a lawsuit against the corporation for damages.
Explanation:
Based on the scenario being described within the question it can be said that the only action that may not be taken would be for Ariana to file a lawsuit against the corporation for damages. This mainly because the corporation is not responsible for any damages that may be incurred since Ariana did not discuss her decisions with the board of directors and was therefore acting alone, making her alone liable for the damages.
Answer:
10 years
Explanation:
The maximum period for which the Florida Real Estate Commission (FREC) can suspend a license is 10 years. A suspension is temporal (even though 10 years is a long time) but when the FREC revokes a license that is permanent.
The FREC can issue 3 types of penalties depending on the offense committed:
- Administrative
- Civil
- Criminal
Answer:
$1,333
Explanation:
The computation of the deprecation expense is shown below:
= (Original cost - residual value) ÷ estimated useful life
= ($23,000 - $3,000) ÷ 5 years
= $4,000
This $4,000 depreciation expense come for a year but the asset is purchased on September 1, 2019 and the books are closed on December 31, 2019
So, the four months depreciation expense would be
= Yearly depreciation expense × number of months ÷ (total number of months in a year)
= $4,000 × (4 months ÷ 12 months)
= $1,333.33
The four months is calculated from September 1 to December 31