<span>The defendant seeks to offer into
evidence the fact that the mayor was convicted two years ago of taking a bribe
to award a city contract for solid waste disposal. Yes, this is a documentary evidence
and is admissible because the mayor is already proven convicted of corruption.</span>
Answer:
d. the prices at which trade occurs
Explanation:
Terms of trade is the ratio of export prices to import prices.
Answer:
B. Cash 4,600 Sales Revenue 4,600 Cost of Goods Sold 1,000 Merchandise Inventory 1,000
Explanation:
The journal entry is as follows
Cash $4,600
To Sales Revenue $4,600
(Being the goods are sold for cash is recorded)
Cost of Goods Sold $1,000
To Merchandise Inventory $1,000
(Being the cost of the goods is recorded)
These two entries are recorded for recording the cash and the cost of the inventory
Answer:
rupee 1, 175
Explanation:
If the market price is 1250 and the seller allows a 6% discount
The selling price will be = 1250 - (6% of 1250)
=1250- (6/100 x 1250)
=1250 - 75
=1175
the selling price = 1, 175
Answer:
d. Willis breached the contract, but the breach was not material.
Explanation:
Willis agree to built a new home for Robert. The contract price was $300,000. Robert specified the features for the new home and since he is very picky he did not wanted to compromise on the specification he decided. Willis made a mistake and faucets and linoleum flooring are not exactly what Robert specified. The amount required to put the faucet back to its condition which Robert specified is $300 which is 1 percent of the total contract amount. The amount of breach is not material but Willis has breached the contact with Robert.
