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kap26 [50]
3 years ago
10

Seble wants to open a floral shop in a downtown business district. She doesn't have fundsenough to purchase inventory and pay si

x months'' rent up front. Seble approaches a good friend, Zhou, to discuss the possibility of Zhou investing funds and becoming a 25% partner in the business. After a lengthy discussion Zhou agrees to invest. Eight months later, Zhou and Seble have a major argument. In order for Zhou to sue Seble for fraud, all the following must be true exceptA) Zhou's decision to invest was primarily based on Seble's assertion that she had prior floral retail experience.B) Seble told Zhou she had worked at a floral shop for several years, when in fact she did not have any prior experience in floral retail. C) before Zhou invested, Seble prepared a detailed business plan and sales forecasts, and provided Zhou with copies.D) Zhou's 25% share of the business is worth substantially less than her initial investment
Business
1 answer:
Ainat [17]3 years ago
3 0

Answer: C. before Zhou invested Sebie prepared a detailed business and sales forcast, and provided Zhou with copies.

Explanation:

The provision of the detailed business plan to Zhoue is to familiarize her with details of how the business will run and once she keeps track with this, it cannot be a basis for Zhoue to acuse Serbie of fraud.

An assertion by Serbia or clear declaration of having experience or working in floral retail to Zhoue is a basis for fraud.

The compensation of Zhoue with 25% return in the business which is less than her initial investment in the business is also a basis for fraud claim by Zhoue.

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A statute that imposes a 10-year jail sentence for driving while intoxicated would be best classified as _______________________
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Answer:

a. Civil, procedural, and public.

Explanation:

A statute that imposes a 10-year jail sentence for driving while intoxicated would be best classified as civil, procedural, and public.

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3 years ago
Javier Computer Services began operations in July 2019. At the end of the month, the company prepares monthly financial statemen
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Answer:

wages expense   1,300 debit

        wages payable     1,300 credit

--------------------------------

interest expense      200 debit

             interest payable     200 credit

--------------------------------

account receivable      2,400 debit

          service revenue       2,400 credit

----------------------------------

Explanation:

we recognize the wages expense for the current period and the liability that arise from that.

interest: principal x rate x time

time and rate should be in the same metric so we express the time in portion of a year.

From July 1st to July 31th a month has past so 1/12 of a year:

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3 years ago
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Answer:

TRUE

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Thanks

8 0
3 years ago
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