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lesya [120]
2 years ago
12

what is the legal avenue for an owner who wants to dispose of his or her interest against the wishes of other co-owners?

Business
1 answer:
Sedaia [141]2 years ago
6 0

The legal avenue that an owner who wishes to dispose a piece of property as against the wishes of the other co-owners is: a partition suit.

<h3>What is a Partition Suit?</h3>

A partition suit can be described as a way of seeking remedy to dispute in real estate ownership, whereby the co-owners do not seem to agree on keeping or selling a piece of property.

For a partition suit to be won, the co-owner must be in the right standing to even initiate one.

Thus, the legal avenue that an owner who wishes to dispose a piece of property as against the wishes of the other co-owners is: a partition suit.

Learn more about partition suit on:

brainly.com/question/15463733

#SPJ1

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The steeper an isoquant is ​(labor measured on the horizontal axis​): A. the greater is the level of output. B. the greater is t
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Answer:

C. the greater is the marginal productivity of labor relative to that of capital

Explanation:

An isoquant is a curve that shows all the combinations of inputs that yield the same level of output.

When adding one factor holding the other factor constant inevitably, leads to lower output levels, the isoquant must become steeper, as more capital is added instead of labour, and flatter when labour is added instead of capital. Returns to capital even decline.

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The answer to the question stated above is letter A.

.The major activities of the Planning Section include: Preparing and documenting Incident Action Plans.
ADDITIONAL INFORMATION ABOUT PLANNING SECTION
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3 years ago
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A one-year call option contract on Cheesy Poofs Co. stock sells for $1,250. In one year, the stock will be worth $57 or $78 per
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Answer:

Value of call option = 3.92

Explanation:

Stock price - Exercise price, 0

When share price is $57,

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Payoff = Max (-13, 0)

Payoff = 0

When share price is $78

Payoff = Max (78 - 70, 0)

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Value of call option = (Expected payoff * Probaliltiy) / (1 + Interest for the period)

Considering probability as 50% for each stock

Value of call option = (0 * 0.5 + 8 * 0.5) / (1 + 0.02)

Value of call option = 3.92

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3 years ago
Dhaliwal Digital categorizes its accounts receivable into three age groups for purposes of estimating its allowance for uncollec
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Answer:

1. Age group = A

Amount of Accounts Receivable = B

Estimated % uncollectible = C

Estimated Amount Uncollectible = D

    A                        B                  C                         D(B*C)

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1-45 days           $37,500           10%                     $3,750

Over 45 days     $15,000           15%                     <u>$2,250</u>

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Current Balance in Allowance for                      $67,500

Doubtful Debts (Debit Balance)                          <u>                 </u>

Required charge to Bad debts Expense            <u>$87,000</u>

for the year

Thus, the Estimated 12/31/2021 balance for Dhaliwal’s allowance for uncollectible accounts (Credit Balance).

2.                                     Journal Entry

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Dec. 31   Bad debts Expense                      $87,000    

                      Allowance for doubtful accounts         $87,000  

              (To record the estimated bad debts)

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