Answer:
The court will rule in favor of Judy
Explanation:
Kristy made a valid offer to Judy and Judy accepted it before Dave accepted Kristy´s offer so Judy's acceptance should prevail.
In the offer letter, Kristy told Judy to "please respond to Bruce Townsend", but she did not specify that the only proper mode of acceptance was the response to Bruce. Since she did not specify that Judy could not respond directly to her, Judy's letter of acceptance to Kristy's offer is valid.
Kristy should have been more specific in stating that the only proper mode of acceptance was a response to Bruce.
In each succeeding payment on an installment note (C) the amount that goes to decrease the carrying value of the note increases.
<h3>
What is an installment note?</h3>
- An installment note is a type of promissory note in which the principal and interest are paid in predetermined quantities, or set minimum amounts, at certain time intervals.
- The loan is amortized through periodic principal reductions.
- An installment note is a legal obligation or responsibility that compels the borrower to return the lender's principal in a series of periodic payments.
- A lump sum note or balloon loan, on the other hand, demands the borrower to return the entire note principal on a certain date.
- There is no payment schedule.
- The amount that goes to reduce the carrying value of an installment note increases with each subsequent payment.
<h3>Solution -</h3>
As it is given in the definition above that the amount that goes to reduce the carrying value of an installment note increases with each subsequent payment.
Therefore, In each succeeding payment on an installment note (C) the amount that goes to decrease the carrying value of the note increases.
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Correct question:
In each succeeding payment on an installment note:
A. The amount that goes to decreasing the carrying value of the note is unchanged.
B. The amount that goes to decrease the carrying value of the note decreases.
C. The amount that goes to decrease the carrying value of the note increases.
D. The amounts paid for both interest and principal increase proportionately.
Answer:
$29.6 million per share
Explanation:
Additional share issued = (Issued and shares outstanding 2021 + Additional paid-in capital on common stock 2021) - (Issued and shares outstanding 2020 + Additional paid-in capital on common stock 2020)
Additional share issued = (110 million + 527 million) - (95 million + 394 million)
Additional share issued = 637 million - 489 million
Additional share issued = $148 million
Average price paid = Additional share issued / $5
Average price paid = $29.6 million per share
Answer:
According to Oregon's administrative rules for real estate brokers, Helen has three business days to deposit the $5,000 check she received as deposit for the purchase offer.
She can deposit the check in her client's trust account or in a neutral escrow depository.
She has to decide on which account she will deposit the check by Thursday (end of the third business day deadline).
Answer: The supply of beef would increase, decreasing beef prices.
Explanation: if there is a decrease in the price of the feed grains used to feed cattle, it would leads to an increase in the supply of beef in the market and consequently decrease the price of beef in the market. It would result to an increase in the supply of beef because the cattle rearers would have enough feeds for the cattle which will make them grow faster.
