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ziro4ka [17]
1 year ago
7

barry is a business owner who sells high quality drones with hd cameras for personal use. in an effort to improve his skills in

social media, he pays to attend an online webinar about pinterest strategy. what is barry engaging in?
Business
1 answer:
nydimaria [60]1 year ago
8 0

Barry is engaging in an exchange as he he pays to attend an online webinar about pinterest strategy to improve his skills in social media.

<h3>What is an exchange?</h3>

According to Armstrong (2009), he defined an exchange in marketing is the act of obtaining a desired object from someone by offering something in return.

This happens any time people trade goods or services. All exchange is supposed to produce "utility," which means the value of what you trade is less than the value of what you receive from the trade.

Therefore, he is engaging in an exchange as he he pays to attend an online webinar about pinterest strategy to improve his skills in social media.

Read more about exchange

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You forgot to pay last month's credit card bill. your creditor will probably:
True [87]
Send you a reminder to pay your bill and/or add finance charges and late fees to your bill
8 0
3 years ago
Indigo Corporation had the following tax information.
Andrei [34K]

Answer:

Explanation:

Given that:

Indigo Corporation had the following tax information.

Year      Taxable Income         Tax Rate               Taxes Paid

2015        $294,000                  35%                       $102,900

2016         332,000                    30%                        99,600

2017          399,000                    30%                       119,700

In 2018, Indigo suffered a net operating loss of $487,000, which it elected to carry back. The 2018 enacted tax rate is 26%.

The objective is to prepare the Indigo's entry to record the effect of the loss carryback.

The Income  Tax Refund Receivable = Taxable income(2018) × Tax rate(2018) + ( net operating loss - Taxable income(2018) )  × Tax rate(2018)

(332000 × 30%)+(476000-332000) × 30%

The Income  Tax Refund Receivable =  (332000 × 0.30)+(476000-332000) × 0.30

The Income  Tax Refund Receivable = 99600 + 144000× 0.30

The Income  Tax Refund Receivable = 99600 + 43200

The Income  Tax Refund Receivable = 142800

Therefore, Indigo Corporation ENtry can be prepared as follows:

Account titles                                        Debit          Credit

Income Tax Refund Receivable          142800

Benefit Due to Loss Carryback                             142800

To record the effect of the loss carryback

8 0
3 years ago
321 ASSIGNMENT 1: Individual Assignment. Discuss the contribution of transportation to the development of the developing countri
larisa86 [58]

In emerging countries, transportation is extremely important. The world's richest and most powerful nations have effective transportation infrastructure. Maciulis (2009) cited as an example:

Increasing reliability, improving service quality, and increasing transport capacity are the goals of investments in transportation infrastructure. As a result, transportation expenses were reduced, and transit times were shortened. Additionally, a stronger transportation infrastructure is a must for business growth. Summarizing the previously discussed concepts, we now have increased productivity and competitiveness, which are the foundation of economic growth.

As human needs change, so do transportation facilities. Today, people, food, and finished goods may all be transported using a variety of modes of transportation, including the car, bus, truck, subway, train, ship, and airplane. Transportation has a lot of advantages, but it also has some drawbacks. According to Litman (2012), greenhouse gases from automobiles are responsible for some consequences on human health and the environment, such as climate change.

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7 0
1 year ago
Clark Oil agreed to sell Amerada Hess several hundred thousand barrels of oil at $24 each by January 31, The oil had to meet EPA
erma4kov [3.2K]

Answer:

Clark is entitled to damages and it can request a summary judgment against Hess. Initially Clark failed to deliver the proper oil, but then it offered to deliver the proper oil on February 1, which was one day after the original date set by the contract. Clark offering a new shipment of oil is considered an offer to cure. When Clark again tried to deliver on February 6, but the shipment wasn't rejected due to technical specifications but simply because Hess decided to do so.

Under UCC section 2-508(2), a seller is allowed reasonable time to cure after the expiration of a contract it the seller believes that it can reasonably delivered the promised goods. One single day after the expiration date of the contract (February 1) or 6 days after (February 6) are considered reasonable times to cure an offer, and Clark's tests indicated that the product was good. So Clark meets the two requirements to sue Hess since; it offered to cure in a reasonable time and had a good product to deliver.

6 0
3 years ago
Forell, a resident of Des Moines, purchased a nearly new Buick automobile from a seller in Cleveland for the unusually low price
Anna007 [38]

Answer:

Certificate of Title

A certificate of title is proof of ownership and the right to possess the thing. Having a title to something is like having an intangible right to own it. Generally, in transactions title passes between parties when it is intended to pass.

Estoppel:

An estoppel is a legal bar in a action that prevents a party from using contradictory words or acts when making a claim against another party.

Seller Void Title:

Under Uniform Commercial Code  § 2-403 a purchaser obtains title to goods that a seller is able to transfer. A seller cannot legally pass title of stolen or leased goods to another person. Exceptions to this rule include the following under UCC § 2-403:

  1. Seller has a voidable title.
  2. Merchant has temporary possession of goods and unlawfully sells them to a good faith purchases for value.

Par a)

No. Person Santiago cannot pursue legal action against a purchaser in good faith and will not be legally able to recover the automobile.

Part b)

No. Person Forell has good title to the car if he purchased it in good faith from the seller. Having a forged title does not entitle anyone to ownership.

Part c)

Yes. Person Forell was a good faith purchaser.

3 0
3 years ago
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