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podryga [215]
3 years ago
13

Marco and Fred enter into a contract for the sale of Marco's apartment for which Fred agrees to pay him $100,000. Marco cannot p

rohibit Fred from transferring his right to the ownership of the apartment because such a prohibition is:
a. ​unconscionable.

b. ​against public policy.

c. ​immoral.

d. ​a crime.
Business
1 answer:
VLD [36.1K]3 years ago
5 0

Answer:

The correct answer is the option A: unconscionable

Explanation:

To begin with, the reason why such prohibition from Marco to Fred is unconscionable is due to the fact that Marco already stated in a private contract that he agreed to sell the apartment to Fred by a certain price, therefore establishing that the property of the real estate now belongs to the other party, letting everyone else external to the contract know that the proper and new owner is Fred.

Secondly, it is understandable that now that Fred is the new owner of the apartment by contract then it is unfair and unreasonable that the old owner Marco prohibits him to do what he wants with the apartment.

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During a presidential campaign, the incumbent argues that he should be reelected because GDP grew by 12 percent during his 4-yea
KengaRu [80]

Answer: The real GDP per person grew by 8%. Option C is the correct option

Explanation:

To calculate the real GDP per person, we have to calculate the real GDP growth rate in respect to the growth in population and deflator rate, then multiply it with the GDP growth.

GDP deflator = Nominal GDP ÷ Real GDP

The nominal GDP which includes the addition of population will grow by 4% since the population growth was 4%

GDP deflator increase by 6%

Therefore;

Real GDP = 4% ÷ 6% = 0.66667

THE REAL GDP PER PER PERSON

12% × 0.66667 = 8.00004%

Therefore the the real GDP per person is 8%, which is less than what he said.

8 0
3 years ago
Assuming the required-reserve ratio is 20%, after a $5 billion purchase of securities (government bonds) from the non-bank publi
9966 [12]

Answer: $25 billion

Explanation:

The increase in cash as a result of a deposit into the banking system, no cash leakages and a required-reserve ratio is:

= Deposit into banking system * Money multiplier

Money multiplier = 1 / Required reserve ratio

= 1 / 20%

= 5

Checkable deposit increase:

= 5 billion * 5

= $25 billion

8 0
3 years ago
At the end of 2013, its first year of operations, Slater Company reported a book value for its dependable assets of $40,000 for
Irina-Kira [14]

<u>Solution and Explanation:</u>

SC's Depreciable assets for the purpose of financial reporting and income taxes were $40000 and $33000 respectively. Its taxable income is$97000.Temporary difference will be there because of Depreciation.

Temporary Difference=Financial reporting Dep-Income tax depreciation

=40000 minus 33000

=7000

Pretax financial income=taxable income+Temporary Difference  

=97000+7000=$104000

Deferred tax liability=7000 multiply 30%=2100

Income tax expense=104000 multiply 30%=31200

Income tax payable=97000 multiply 30%=29100

Dec 31 Income Tax ExpensenA/C Dr. $31200

                     To Income Tax Payable A/C $ 29100

                       To Deferred Tax Liability A/C $ 2100

<u> Answer:b </u>

Slatter Company

Partial Balance Sheet

December 31, 2013

Noncurrent Liabilities

Deferred Tax Liability $2100

5 0
3 years ago
If an activity generates a positive externality, the government can increase total economic surplus by ___ the activity, and if
Fofino [41]

Answer:

C. subsidizing: taxing

Explanation:

An activity generates a positive externality if the benefits of economic activities to third parties exceeds its costs.

Example of activities that generate positive externality are education and research.

Government ought to encourage the production of activities that generates postive externality. One of the ways this can be done is through Subsidy. Subsidy reduces cost of production and increases production.

An activity generates negative externality if the benefits of economic activities to third parties is less its costs.

An example of negative externality is pollution.

Government can discourage activities that generates negative externality by taxation. Taxation increases the cost of production and discourages production.

I hope my answer helps you

8 0
3 years ago
Write a sample professional greeting you would record on your professional cell phone to be heard by employers and recruiters if
satela [25.4K]
This is going to based on the job you are working for, so for instance, if you are working for a doctors office (or you are an on call doctor) you would want to make sure that you leave an emergency contact number for the people calling.
Other jobs it would always be good to leave an alternate number to contact someone when you are out of the office, or just to reach someone to get information or finalize a deal. 

You will always want to make sure you leave your name. 

Hello, you have reached _____. I am unfortunately not able to come to the phone right now, or I am currently out of the office. Please feel free to contact me via email at [email protected]__.com or at this number if it is an emergency ___-___-____. I will be sure to give you a call back as soon as possible. 

Thank you for calling.

I would recommend writing it down so you know what you are going to say. Practice it some, and smile when you are saying it so you have that pleasant tone.<span />
7 0
3 years ago
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