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astra-53 [7]
3 years ago
12

Axel steals a business law textbook from beth. curt, who does not know that the book is stolen, buys it from axel. curt has comm

itted
Business
1 answer:
alex41 [277]3 years ago
3 0
The answer is that C<span>urt has committed conversion.
Conversion can happen even when a man mistakenly trusted that he or she was qualified for that goods. As such, great aims are not a guard against change. Somebody who occupied stolen products has conferred the tort of change regardless of the possibility that he or she did not know the goods were stolen. In the event that the genuine proprietor brings a tort activity against the purchaser, the purchaser should either restore the property to the proprietor or pay the proprietor the full estimation of the property in spite of having effectively paid the price tag to the thief.
</span>
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Imagine you own a small gift shop in a popular but remote tourist location. You want to develop an effective marketing strategy
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Situational actions on SWOT of a business

Explanation:

<u>Strengths</u>

  • You have especially good relationships with many suppliers due to your years in business and your success.
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<u>Weaknesses</u>

You are dependent upon a few artists to keep you in stock.

<u>Opportunities</u>

Your business is in a location that is easy to get into and out of.

The highway that they have been talking about for years is finally being built.

Two new hotels are scheduled for opening next year.

<u>Threats</u>

It is difficult to hire workers with retail experience in the area.

The price of gas goes up.

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Another gift shop may open next door.

Three marketing actions to ensure the success of the shop and why it will work include:

1. Expand your advertisement outreach for experienced retail workers beyond your location, with motivational packages and incentives. Alternatively, get workers around your location and train them to acquire the required retail experience for the job

2. With increase in the price of gas which affects your profit margin, and taking into cognizance your strength in cusstomer relationship, endeavour to increase your product and service outreach and turnover to mitigate for the addition expenses.

3. With the arrival of Wal-Mart as competitor, you will need to maintain consistency in products and services, as well as offer promotional packages

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A doctor misdiagnoses a serious illness. her partners in the clinic are not liable for her mistake. what kind of partnership do
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Shelly's company produces computers, phones, and tablets. About six months ago, Shelly began to keep track of number of hours wo
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8 0
3 years ago
Kapono Farms exchanged an old tractor for a newer model. The old tractor had a book value of $15,000 (original cost of $34,000 l
Vesnalui [34]

Answer:

a. Gain on sale of land  = $230,000

b. Loss on the exchange of the tractor = $5,400

c-1. Gain on Exchange of the tractor = $5,000

c-2. Initial value of new tractor = $35,600

Explanation:

a. What is the amount of gain or loss that Kapono would recognize on the exchange of the land?

This can be determined as follows:

<u>Details                                       Amount $     </u>

Fair value of land                       760,000

Book value of land                   <u>(530,000) </u>

Gain (loss) on sale of land       <u> 230,000 </u>

b. What is the amount of gain or loss that Kapono would recognize on the exchange of the tractor?

This can be determined as follows:

<u>Details                                       Amount $     </u>

Original Cost of Tractor                34,000

Accumulated Depreciation         <u>(19,000)  </u>

Book Value of Tractor                <u>  15,000 </u>

Therefore, we have:

Loss on Exchange of the tractor = Fair value - Book Value of Tractor = $9,600 - $15,000 = $5,400

c. Assume the fair value of the old tractor is $20,000 instead of $9,600. What is the amount of gain or loss that Kapono would recognize on the exchange? What is the initial value of the new tractor?

c-1. Calculation of the amount of gain or loss that Kapono would recognize on the exchange

From part b, we have:

Book Value of Tractor = $15,000

And, we have:

Fair Value = $20,000

Therefore, we have:

Gain on Exchange of the tractor = Fair value - Book Value of Tractor = $20,000 - $15,000 = $5,000

c-2. Calculation of the initial value of the new tractor

This can be determined as follows:

Initial value of new tractor = Fair Value of tractor given + Cash paid = $9,600 + $26,000 = $35,600

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