Answer:
the contract is a. void.
Explanation:
this is because Huck has been declared as mentally incompetent by the court and that can only be changed by the court as well. so, when he agrees to sell and create a contract, it becomes void, no matter the value is or how closely it relates to the market value.
if it was Inez who came into the contract, then the contract would have been legally binding.
Answer:
The main difference between Accrual and Cash Basis accounting is the moment when an income or expense is recorded.
Cash Basis recognize and record an income or an expense only when cash is transferred between the parties. However, Accrual Basis recognize them as soon as they occur without the need of cash transaction.
Based on the precious the most used Method is the Accrual Basis, thus, the easiest method, as it does not have to way to the cash operation to record the revenue or the expense.
It would be an architect, because they use 3D building software such as Inventor or other CAD programs.
Inventory includes<span> stocks of completed goods, work in process, and raw materials.
</span>Inventory is the products and materials that a business holds for definitive objectives to have a reason for resale.
<span>The idea of inventory has been reached out from assembling frameworks to benefit organizations and tasks, by summing up the definition to be "all work inside the procedure of creation all work that is or has happened preceding the fulfillment of generation." with regards to an assembling generation framework, stock alludes to all work that has happened - crude materials, in part completed items, completed items before deal and takeoff from the assembling framework. With regards to administrations, stock alludes to all work done a preceding deal, including halfway process data.</span>
Answer:
A flexible budget is a budget that adjusts or flexes with changes in volume or activity.
Explanation: For costs that vary with volume or activity, the flexible budget will flex because the budget will include a variable rate per unit of activity instead of one fixed total amount.