The answer to the given question above would be the REMAINDERMAN. The interest that the stepson holds here is the third party fee simple ownership. The remainderman here refers to the stepson in which he is the one entitled to inherit the property left by the wife. Hope this helps.
Answer:
d. laws that support enforceable contracts between firms.
Explanation:
Chao sources his bicycle bparts from Upright Strides Inc. such as wheels and tires. A threat to his business will be if he does not get his supply from Upright Strides Inc. Long drawn out disputes will cause loss of income for Chao.
So if the government implements laws that supports enforceable contracts between firms, in the case of dispute or non supply of goods Chao can enforce their contract with Upright Strides compelling them to supply goods.
Answer:
Given list of cash activities is divided among operating activities, financing activities and investing activities in the explanation section.
Explanation:
- Paid for Advertising Operating Activity
- Paid for Office Equipment Investing Activity
- Issued Capital Stock Financing Activity
- Paid officers salaries Operating Activity
- Sold services Operating Activity
- Paid rent : Operating Activity
- Paid dividends: Financing Activity
- Issued a note payable: Financing Activity
- Paid rent: Operating Activity
- Sold excess office equipment: Investing Activity
Operating Activities include cash generated from operations, Interest Paid and Tax Paid.
Investing Activities include payment to acquire or proceeds from sale of property, plant and equipment, proceeds from government grants, interest and dividend received.
Financing Activities include proceeds from issue of shares, proceeds from long term borrowings, dividends paid etc.
Answer:
Present Value= $1,772.115
Explanation:
Giving the following information:
You have won the $3 million first prize in the Centennial Lottery.
However, the prize will be awarded on your 100th birthday, 78 years from now. What is the present value of your windfall if the appropriate discount rate is 10 percent.
We need to use the following formula:
PV= FV/[(1+i)^n]
PV= present value
FV= final value
PV= 3000000/(1.10^78)= $1,772.115
Answer:
The correct answer is option A.
Explanation:
An increase in supply decreases the equilibrium price as the supply curve shifts rightward and intersects the demand curve at a lower point. This decline in the equilibrium price causes the quantity demanded to increase. The demand for the product remains the same.
The statement given in the question is false. A change in demand is caused by a change in other factors while the price of the product remains the same. The change in price affects the quantity demanded.
