Answer:
The transferor does not maintain effective control over the transferred financial asset or third party beneficial interest in the asset.
Explanation:
The code for transfer of receivable provisions, allows creditor of a debt to have the right to transfer his/ her receivable right to another person, provided that the transaction is permitted by the law/ contract nature of business. Transfer of receivables permit the third person/ party to be included in the relationship that exist between debtor and creditor, and this allows him/ her to near the title of creditor.The receivable must be an existing one before the receivable transfer can be possible. It should be noted that for transfer of receivables be recorded as a sale, The transferor does not maintain effective control over the transferred financial asset or third party beneficial interest in the asset.
Answer:
The C Corporation was incorporated on January 1 of 2013.
Explanation:
A corporation is a legal entity that constitutes a body to the eyes of the law. it is formed to run a particular business and has as main characteristic the Limited Liability of their owners.
Incorporation is the legal process needed to be followed in order to create a corporation. Thus. If C corporation was formed on January 1, 2013. The Incorporation day is the same January 1, 2013.
Answer:
the correct answer is
Micropreneurs are exempt from the local ordinances that restrict home-based businesses from operating in residential areas.false
Answer:
The correct answers are numbers (I), (II), (III), and (IV).
Explanation:
Business cycles are the ups and downs of the overall economy. Those fluctuations are caused by "shocks" that are the result of <em>the slow periods coming after irregular innovations, increases or decreases in productivity levels, increase or decrease of money supply, </em>and <em>major political events like war.</em>
This is basically known as net profit. because he purcahes it of 100 $ and sale it of 120 and earn a complete 20$ profit. mostly that happens in retailer cases . best example is shop keeper because they are not manufacturing it <span />
