The total unamortized bond premium at the date of conversion was $280,000. Fogel should record, as a result of this conversion, a <span>credit of $217,600 to Paid-in Capital in Excess of Par. Thee answer is A.
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Answer:
The issue is whether Joe is liable to pay for Bob to Avarice Bank or not.
Joe should prevail.
Explanation:
The original contract is between bank and Bob and in that contract Joe is not involved. Secondly payment on someone' behalf always has to be a written contract.
According to UCC, suretyships have to be written for them to be enforceable. This is mentioned in Statute of Frauds. It clearly states that any gurantee by thrid party for payment of debts has to be in writing.
Answer:
d. The potential exists for agency conflicts between stockholders and managers.
Explanation:
- A problem of the agency is a conflict of the interest of relationships where one party is expected to act in another best interest and usually refers to the conflicts of the interest between the companies management and the stockholders.
The best answer to the question is (D) copyright law.
Copyright law is defined as <u>exclusive rights that a creator has for his or her creations, which encompasses literary and artistic works, such as ones mentioned in the question: musical compositions, movies, web content, etc. </u>
The other options are unsuitable since <em>patent protection</em> is for inventions, <em>trademark theory</em> is for companies and their products, while<em> free-market case law </em>does not refer to an actual set of laws.
Answer:
The correct answer is the second option: unit of account.
Explanation:
To begin with, the particular concept of money, in the economics field, has a lot of application that can vary depending on wheter the use that person is going to give it to it. In the cases where the money is use in the accounts of the companies to keep the books in actual values of the day then the money has the function of acting as a unit of account in order to know how much is the amount that it has to be registered in the books and therefore that the banker is using the money as a unit of account for the bank.
