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wel
3 years ago
15

Moe has entered into a contract with Larry. Subsequently, Moe assigns his rights in that contract to Curly. Which of the followi

ng would not prevent that assignment? Multiple Choice The assignment would violate public policy matters. The contract contains an anti-assignment clause. Larry protests the assignment and demands that Moe not make the assignment. The assignment would materially alter Larry's duties and cause an increased burden or risk to Larry.
Business
1 answer:
bazaltina [42]3 years ago
4 0

Answer:

Larry protests the assignment and demands that Moe not make the assignment.

Explanation:

An assignment is defined as the transfer of the responsibility of performing a task or contract to another person.

In this instance Moe is trying to assign the contract he has with Larry to Curly.

Curly will now take responsibility for the execution of the contract.

Assignment is allowed if performance of the task is assured, and the other party has no grounds to object if performance will not be affected.

The situation where the assignment will not be prevented is when Larry protests the assignment and demands that Moe not make the assignment.

However the assignment can be prevented if there is an anti-assignment clause, violate public policy, or materially alter Larry's duties and cause an increased burden or risk to Larry.

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Select the phrase that correctly completes the statement.
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Answer:

1. Option F: Worker Safety

2. Option A:be short and direct as possible to be efficient

Explanation:

A cafeteria kitchen should be as safe as possible. This is because in such a busy environment as this, the safety of workers can be put at risk due to high risk equipment such as gas stoves, burners, lighters etc. Therefore, the design of the kitchen should have the worker safety in mind first. Of course, the while kitchen should be safe for all the workers to work in there.

The circulation patterns should be as short and easily accessible. This makes it possible for the workers to access emergency equipment and emergency routes such as the emergency exit etc. In addition, it reduces unnecessary movement.

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3 years ago
What is the maximum age a taxpayer with no qualifying children may be at the end of the year and still qualify for the earned in
MatroZZZ [7]

Answer:

The correct answer is: 65 years old.

Explanation:

The Earned Income Tax Credit (<em>EITC</em>) is provided to people with low income. The amount of that income and the number of people within their household will determine the amount of the tax credit. People with no children can also be eligible for the credit until they are 65 years old by the end of the tax period.

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3 years ago
Thoro Clean, a firm providing house-cleaning services, began business on April 1. The following accounts in its general ledger a
natta225 [31]

Answer:

Thoro Clean

a. Using the accounting equation, record each of the transactions in columnar format:

April 1    

Cash $11,500 + Accounts Receivable + Supplies + Prepaid Van Lease  + Equipment = Accounts Payable + Notes Payable + Common Stock $11,500 + Retained Earnings

April 2

Cash $11,500 - $2,850+ Accounts Receivable + Supplies + Prepaid Van Lease $2,850 + Equipment = Accounts Payable + Notes Payable + Common Stock $11,500 + Retained Earnings

April 3

Cash $11,500 - $2,850 + $10,000 + Accounts Receivable + Supplies + Prepaid Van Lease $2,850 + Equipment = Accounts Payable + Notes Payable $10,000 + Common Stock $11,500 + Retained Earnings

April 3

Cash $11,500 - $2,850 + $10,000 - $3,500 + Accounts Receivable + Supplies + Prepaid Van Lease $2,850 + Equipment $5,500 = Accounts Payable $2,000 + Notes Payable $10,000 + Common Stock $11,500 + Retained Earnings

April 4

Cash $11,500 - $2,850 + $10,000 - $3,500 - $4,300 + Accounts Receivable + Supplies $4,300 + Prepaid Van Lease $2,850 + Equipment $5,500 = Accounts Payable $2,000 + Notes Payable $10,000 + Common Stock $11,500 + Retained Earnings

April 7

Cash $11,500 - $2,850 + $10,000 - $3,500 - $4,300 - $350 + Accounts Receivable + Supplies $4,300 + Prepaid Van Lease $2,850 + Equipment $5,500 = Accounts Payable $2,000 + Notes Payable $10,000 + Common Stock $11,500 + Retained Earnings - Advertising Expense $350

April 21

Cash $11,500 - $2,850 + $10,000 - $3,500 - $4,300 - $350 + Accounts Receivable $3,500 + Supplies $4,300 + Prepaid Van Lease $2,850 + Equipment $5,500 = Accounts Payable $2,000 + Notes Payable $10,000 + Common Stock $11,500 + Retained Earnings - Advertising Expense $350 + Cleaning Fees Earned $3,500

April 23

Cash $11,500 - $2,850 + $10,000 - $3,500 - $4,300 - $350 - $1,500 + Accounts Receivable $3,500 + Supplies $4,300 + Prepaid Van Lease $2,850 + Equipment $5,500 = Accounts Payable $2,000 - $1,500 + Notes Payable $10,000 + Common Stock $11,500 + Retained Earnings - Advertising Expense $350 + Cleaning Fees Earned $3,500

April 28

Cash $11,500 - $2,850 + $10,000 - $3,500 - $4,300 - $350 - $1,500 + $2,300 + Accounts Receivable $3,500 - $2,300 + Supplies $4,300 + Prepaid Van Lease $2,850 + Equipment $5,500 = Accounts Payable $2,000 - $1,500 + Notes Payable $10,000 + Common Stock $11,500 + Retained Earnings - Advertising Expense $350 + Cleaning Fees Earned $3,500

April 29

Cash $11,500 - $2,850 + $10,000 - $3,500 - $4,300 - $350 - $1,500 + $2,300 + $1,000 + Accounts Receivable $3,500 - $2,300 + Supplies $4,300 + Prepaid Van Lease $2,850 + Equipment $5,500 = Accounts Payable $2,000 - $1,500 + Notes Payable $10,000 + Common Stock $11,500 + Retained Earnings - Advertising Expense $350 + Cleaning Fees Earned $3,500 + Dividends $1,000

April 30

Cash $11,500 - $2,850 + $10,000 - $3,500 - $4,300 - $350 - $1,500 + $2,300 - $1,750  - $255 + Accounts Receivable $3,500 - $2,300 + Supplies $4,300 + Prepaid Van Lease $2,850 + Equipment $5,500 = Accounts Payable $2,000 - $1,500 + Notes Payable $10,000 + Common Stock $11,500 + Retained Earnings - Advertising Expense $350 + Cleaning Fees Earned $3,500 + Dividends $1,000 - Wages $1,750 - Gasoline $255

b. Use Journal entries to record the transactions:

DATE    DESCRIPTION                 DEBIT     CREDIT

April 1    Cash Account                $11,500

             Common Stock                              $11,500

To record Randy Storm's investment of cash

April 2  Prepaid Van Lease        $2,850

            Cash Account                                $2,850

To record payment for six months' lease on a van.

April 3  Cash Account             $10,000

            Notes Payable                              $10,000

To record the borrowing of $10,000 from a bank.

April 3   Cleaning Equipment  $5,500

             Cash Account                              $3,500

             Accounts Payable                       $2,000

To record purchase of cleaning equipment.

April 4  Cleaning Supplies      $4,300

            Cash Account                              $4,300

To record the purchase of cleaning supplies.

April 7  Advertising Expense    $350

            Cash Account                                $350

To record the payment for advertisements.

April 21 Accounts Receivable      $3,500

            Cleaning Fee Earned                     $3,500

To record the cleaning fees earned.

April 23 Accounts Payable        $1,500

             Cash Account                               $1,500

To record the payment on account.

April 28 Cash Account           $2,300

              Accounts Receivable                 $2,300

To record the receipt from customers on account.

April 29 Cash Account         $1,000

             Dividends                                   $1,000

To record the receipt of dividends.

April 30 Wages Expense        $1,750

             Cash Account                            $1,750

To record the payment of wages for April.

April 30 Gasoline Expense    $255

              Cash Account                         $255

To record the payment for gasoline used during April.

Explanation:

The accounting equation is given as Assets = Liabilities + Equity.  This equation is always in balance with each transaction affecting at least one or two accounts in either side of the equation.  This equation explains that the assets owned by a company are made up of either owings to creditors or owners of the business.

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3 years ago
TYR just announced yesterday that its fourth-quarter earnings will be 35% lower than last year's fourth quarter. You observe tha
makkiz [27]

Answer: Investors expected the earnings increase to be smaller than what was actually announced.

Explanation:

Abnormal return on an asset such as stock refers to the difference between actual returns and expected returns. As such, if it is positive, that would mean that the actual returns are/ will be higher than the expected/anticipated returns.

TYR had an abnormal return of 3.7% which would mean that the the 35% lower fourth-quarter earnings was higher than investors expected from TYR.

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3 years ago
Workers with knowledge-based education and managerial skills are
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C Skilled labour as it say in the statement
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