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mestny [16]
3 years ago
7

(a) When an anti-assignment clause exists in a contract, a court will not enforce it because it is against public policy.

Business
1 answer:
lidiya [134]3 years ago
4 0

Answer:

a. <u>FALSE</u>

b. A contract cannot forbid the assignment of the right to receive <u>funds</u> . Assignments also cannot be restricted for the transfer of <u>real estate</u> , also called a restraint against <u>alienation</u> . A contract cannot prohibit the assignment of checks or promissory notes, also called <u>negotiable instruments</u> . The right to receive <u>damages</u> in a contract for the sale of <u>goods</u> also can be assigned, even if the contract forbids it.

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At Jacobson Company, indirect labor is a variable cost that varies with direct labor-hours. Last month’s performance report show
mezya [45]

Answer:

Flexible budget cost formula for indirect labor is  $0.25 per DL hours

Explanation:

Flexible budget cost for indirect labor = Actual indirect labor cost + Associated spending variance

= $5,780 + $245

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Flexible budget cost formula for indirect labor= Flexible budget cost for indirect labor / Direct labor-hours

= $6,025 / 24,100 DL hours

= $0.25 per DL hours

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4 years ago
Why would a business ower lower the price of a product
Ray Of Light [21]

Answer:

he would do so becaus the canadiens wer smugling syrup and it was making trhe price go yeet, so ppl who didnt sell at thaat price had to lower or go ot of business!1

Explanation:

7 0
3 years ago
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The 'level of product' that is associated with the product’s brand name, features, style, inherent quality and reliability, and
satela [25.4K]

Physical product Is correct ✅

3 0
3 years ago
Nouveaux Co. was incorporated at the beginning of this calendar year. Its articles of incorporation authorize 500,000 shares of
neonofarm [45]

Answer:

D) 270,000

Explanation:

The computation of the outstanding number of shares is shown below:

= (Issued shares - treasury shares)  × stock split ratio

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Simply we deduct the treasury stock from the issued shares and then multiply it by the stock split ratio so that the correct amount of outstanding shares can come

7 0
3 years ago
Describe the advantages that llc and S corporation‘s passed through entitles have relative to c-corporations
Anit [1.1K]

Answer:

Single-layer taxation

Explanation:

Limited liability companies and S corporations are able to pass through their income as the owner's income. "LLC and S corporations" are entities, unlike the C corporation.

Pass-through entities have a taxation advantage over non- pass-through entities. In tax computation, a pass-through entity passes its income or losses as those of its owners; hence the entity will not be subject to income tax. The business profits are treated as income to the owners, who will pay individual tax income. LLC and S corporation have only one layer of taxation.

A  C corporation is subject to taxation as an independent entity. The directors have to file corporate tax returns on behalf of the business based on the company profits. The business profits are distributed to the shareholder as dividends. The shareholders have to pay tax on the dividend received as part of their income tax. The shareholders are double-taxed, as the business owners- corporate tax and as individuals - income tax. Double layer taxation.

4 0
3 years ago
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