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4 years ago

Why have the fortunes of the English gentry degenerated?

1 answer:

4 0

The fortunes of the English gentry degenerated primary due to the reformation of the voting law. Initially, only land-owning gentry has the right to vote and they used their right to control the laws governing land ownership. When the voting law was reformed, the power of the gentry diminished, enabling non-gentry individuals to own land and create factories.

Since, the English gentry get their fortunes from leases on their lands used for farming, they were very affected when the people working on their lands opted to go to the city and become factory workers. Thereby decreasing their rental income.

Land taxes also increased and because some portion of the English gentry's land became idle and unproductive, they were not able to pay the increasing land taxes; forcing them to sell and dispose of their land to meet their tax obligations.

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Julius asks Rachel if she would like to sell her boat. Rachel privately has no interest in selling her boat, and believes that J

katrin [286]

Answer:

formed a valid contract because Rachel's outward expressions showed the formation of a contract.

Explanation:

In contract, outward expressions refers to a situation when both parties has directly communicate the terms of a certain transaction and agreed upon it.

The contract is considered as 'valid' and considered to be a verbal agreement as soon as Rachel proposed a price and Julius agreed upon it.

One thing to remember, Even though this contract is considered as valid , it would be hard for Julius to held Rachel accountable to court since he has no way to proof that the verbal agreement has been made.

8 0

3 years ago

A proposed project has an initial cost of $38,000 and cash inflows of $12,300, $24,200, and $16,100 for years 1 through 3, respe

In-s [12.5K]

Answer:

IRR is greater than required return by 17.38 - 16.8 % = 0.58 %

so project will accept

Explanation:

given data

initial cost = $38,000

cash inflows year 1 = $12,300

cash inflows year 2= $24,200

cash inflows year 3 = $16,100

rate of return = 16.8 %

solution

we consider here IRR is = x so

present value of inflows is equal to present value of outflows .............1

we can say that it as

initial cost = present value

3800 = $\frac{12300}{1*x} +\frac{24200}{(1*x)^2} +\frac{16100}{(1*x)^3}$

solve it we get

x = 17.38%

here IRR is greater than required return by 17.38 - 16.8 % = 0.58 %

so project will accept

4 0

3 years ago

Following are transactions for Valdez Services, a company owned by Brina Valdez. A. Brina Valdez invested $20,000 cash in the co

Sphinxa [80]

Answer:

Transactions that create revenue :

Transaction B

Transaction C

Transaction D

Journal Entries :

Transaction B

Cash $900 (debit)

Sales Revenue $900 (credit)

Transaction C

Cash $10,000 (debit)

Unearned Revenue $10,000 (credit)

Transaction D

Cash $3,500 (debit)

Accounts Receivable $3,500 (credit)

Explanation:

Transactions that create revenue

Hint ; Revenue is the increases in income that results in increases in assets and decreases in liabilities

3 0

4 years ago

An intelligent enterprise uses _________ to answer marketing questions, which leads to effective marketing decision.

Semenov [28]

Answer:

Observational

Explanation:

hope it helps brainliest pls

3 0

2 years ago

Germans have not been overly receptive to the use of credit cards such as visa or mastercard and installment debt to purchase pr

guapka [62]

Because of a difference in values from American consumers, Germans have not been overly receptive to installment debt to purchase products and services and the use of credit cards such as visa or Mastercard. The German Schuld which means debt also means guilt.

7 0

3 years ago