Answer:
Answer 1
Yes, all the electronic forms of the transcribed agreement will be measured underneath the act of deceptions. These kinds of agreements are assumed comparable significance as in the circumstance of contract inscribed on the paper.
Answer 2
It “does” fulfill the obligation. As per the law of deceptions, all the electronic contract will be named corresponding to the inscribed agreements
.
Answer 3
Land is considered as the “real property” beside with all the possessions involved openly to it.
Answer 4
“All” physical objects
However, land contain all the additional possessions involved to the land openly
.
Answer:
The payback period is more than 5 years
Explanation:
Net present value is the Net value of all cash inflows and outflows in present value term. All the cash flows are discounted using a required rate of return.
Year Cash flow PV factor Present Value
0 ($490,000) 1 ($490,000)
1 $40,000 0.909 $36,360
2 $10,000 0.826 $8,260
3 $120,000 0.751 $90,120
4 $90,000 0.683 $61,470
5 $180,000 0.621 <u> $111,780 </u>
Net Present Value ($182,010)
NPV of this Investment is negative so, it is not acceptable.
Payback period
Total Net cash inflow of the investment is $440,000 and Initial investment is $490,000. This investment will take more than 5 years to payback the initial investment.
Answer:
$523,800
Explanation:
Given parameters:
Cost price by buyer = $525000
Selling price by seller = $485000
Sales tax = 8%
Unknown:
The lowest selling price by the seller = ?
Solution:
To solve this business problem, we must understand that the price the seller would be will to part with will be his selling price and the percentage of sales tax incurred in the procurement.
This will be the minimum and least profitable estimated amount the seller is willing to sell at.
Lowest selling price = selling price by seller + amount of sales tax incurred
Sales tax amount = selling price x sales tax percentage
= $485000 x 
= $38800
Lowest selling price = $485000 + $38800 = $523,800
Answer:
McGregor would Debit Service Fee Expense for $6.
Explanation:
Data provided in the question:
Fee charged by the credit card company = 3% of the sales
Amount of payment made by the customer to McGregor for the service = $200
Now,
The amount of fees charged on the transaction bu the credit card company
= 3% of $200
= 0.03 × $200
= $6
Since, this fees is an expense for the McGregor
Hence,
McGregor would Debit Service Fee Expense for $6.