Answer:
A rights offering
Explanation:
Current shareholders can participate in a rights offering, by which they can purchase additional shares of the corporation. During a rights offering, current shareholders are given the first option to buy newly issued shares before those shares are offered to the general public.
a small piece of ownership in a company - stock
a company’s initial offering of stock - IPO
a portfolio of stocks and bonds - mutual funds
a public stock exchange - NASDAQ
The provided example is the material breach of contract as the contractor has broken the condition of using the brick exterior while building an additional room for the owner.
<h3>What is the meaning of a breach of contract?</h3>
Breach of contract occurs when one party does not fulfill the required conditions of a contract. It is a kind of civil wrong done by the accused party.
A material breach of contract arises when a party or owner of the property gets the least benefit or a varied result that is not as per the specifications of the contract. In the provided situation, the utilization of vinyl siding instead of the brick exterior shows that it has broken the required condition as specified by the owner in the contract which results in a material breach of the contract.
Therefore, the given situation represents the case of the material of the contract.
Learn more about the breach of contract in the related link:
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Answer:
Consider matrix A.
What is the inverse of A? Fill in the missing elements in the matrixs.
Explanation:
Consider matrix A.
What is the inverse of A? Fill in the missing elements in the matrixs.
Answer:
$5,940
Explanation:
<em><u>Purchase under Net method</u></em><em>:</em>
= Gross profit - Discount
= $6,000 - (1% of $6,000)
= $6,000 - $60
= $5,940
Therefore, Alison should record the purchase at $5,940.
