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slamgirl [31]
3 years ago
15

Just before turning 18 years old, Caitlynn went to the local Driver Examination Office to test for her driving license. When she

passes with a perfect score, her parents allowed her to go alone to the local car dealership and purchase her first car. She signed a contract to buy a used lemon-yellow Volkswagen Beetle with payments of $225 per month for 3 years. Unbeknownst to Caitlynn and her parents, the car was a trade-in, and the dealer was still waiting to receive the title. Caitlynn was driving the car six months after she turns 18, making the payments each month, but then decides she hates the yellow color and returns it to the dealer. The dealer refuses to take the car back. Is Caitlynn obligated to the car purchase contract?
Business
1 answer:
algol [13]3 years ago
8 0

Hey! How are you? My name is Maria, 19 years old. Yesterday broke up with a guy, looking for casual sex.

Write me here and I will give you my phone number - *pofsex.com*

My nickname - Lovely

You might be interested in
Jennifer is described by her friends as independent, distrusting authority, and technologically savvy. One of her strongest memo
Dafna1 [17]

Answer:

<u>Gen Xers</u>

Explanation:

Gen Xers refers to the generation of those individuals who were born around 1960s.

The above generation has been characterized by witnessing major technological advancements and historical as well as artistic developments such as in the field of music and fine arts.

Some of the behavioral traits associated with them being as skeptic, cynics, technologically aware with respect to their familiarity with technological advancements and prefer independence financially as well as individually.

Thus, Jennifer represents Gen Xers.

4 0
3 years ago
During June, Bravo Magazine sold for cash six advertising spaces for $400 each to be run in the July through December issues. On
serg [7]

Answer:

b.

Explanation:

The company sold 6 advertising spaces that would run from July to December for $400 each.

Total amount received for selling 6 advertising spaces = 6×$400

Total amount received for selling 6 advertising spaces = $2,400

The advertising spaces will run for 6 months i.e., July to December.

So, adjusting entry on 31st July would record the revenue earned for 1 month only.

Total revenue = $2,400

No. of months = 6

Revenue for 1 month = $2,400/6

Revenue for 1 month = $600

Thus, journal entry on receipt of cash as well as adjusting journal entry has been shown below:

8 0
3 years ago
What was the major problem faced by the earliest formal American police departments
frosja888 [35]
Many people believed that a police department should be formed by the citizens and not controlled by the government.
7 0
4 years ago
True or False: Most companies you see today are either corporations or limited liability companies?
krek1111 [17]

Answer: the above statement is true to some extent. Most of the businesses today are either cooperates or limited liability companies. This is because, many businesses try to remove the personal risk associated when running a business venture. Hence, they convert it into a limited liability business so the risk is only limited to the amount they invest.

However, there are still some business that are running on a smaller scale and have unlimited liability.


6 0
4 years ago
Warner Company’s year-end unadjusted trial balance shows accounts receivable of $99,000, allowance for doubtful accounts of $600
Paladinen [302]

Answer:

bad debt expense 885 debit

allowance for doubtful accounts 885 credit

Explanation:

expected uncollectibles

1.5% of AR = 99,000 x 1.5% = 1,485

current balance credit            (600)

Adjustment                              885

When calculating over account receivable, we stimated the allowance so we have to adjsut for the diference.

4 0
4 years ago
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