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Klio2033 [76]
3 years ago
12

Consider a transaction that has three parties: (1) JWCJR Corp. (JWCJR) and its owner, John W. Cumberledge, Jr., (2) Bottomline S

ystems, Inc., and (3) Colonial Pacific Leasing Corp. JWCJR/Cumberledge, an autobody shop and its owner, sought a computer and software package that would allow the shop to generate estimates for insurance companies and improve the way the shop was managed. Bottomline demonstrated a computer and software system to JWCJR/Cumberledge. JWCJR/Cumberledge decided to obtain the system Bottomline demonstrated and subsequently entered into an agreement with Colonial Leasing. Colonial Leasing then purchased equipment from Bottomline. JWCJR/Cumberledge agreed to make payments to Colonial Leasing. What kind of lease do these facts indicate? If the computer system does not work, why does it matter what kind of lease exists? [Colonial Pacific Leasing Corp. v. JWCJR Corp., 977 P.2d 541 (1999).]
Business
1 answer:
EleoNora [17]3 years ago
6 0
the answer is c because the bottom line systems inc.
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Tell, Inc., leased a building from Lott Corp. Tell paid monthly rent of $500 and was also responsible for paying the building’s
Ugo [173]

Answer:

Tell and Vorn

Explanation:

Based on the information given Lott will most likely prevail against TELL and VORN reason been that we were told that both TELL and VORN entered into an agreement on January 1 which means that both of them will be responsible for the DELINQUENT TAXES which has not been paid because Vorn occupy the building that was leased out to Tell from Lott Corp in exchange for the amount of $600 which will be monthly paid by Vorn to Tell, which means that in a situation were the taxes is said to be DELINQUENT TAXES in which neither of them paid the building's real estate taxes, Lott will most likely prevail against both TELL and VORN.

4 0
3 years ago
Mountain Made started the month with 3 quilts in its beginning inventory that cost $200 each. During the month, Mountain Made pu
Virty [35]

Answer:

Cost of Goods Sold for the month is $1656

Explanation:

Weighted Average Cost System calculates a new average for goods after each purchase.

Mountain Made Inventory Balance runs as follows:

<u>At Beginning:</u>

(3 quilts × $200) = $600

<u>After Purchased of 7 additional quilts for $210 each:</u>

(3 quilts × $200) + (7 quilts × $210) = $2070

New Inventory Cost = $2070/10quilts =$207 each

<u>At end</u>

2 quilts remained unsold. Therefore sold quilts were 8 ie (10quilts-2quilts)

Therefore cost of sold quilts is 8 × $207 = $1656

8 0
3 years ago
Theodore and janice have formed tj​ soft, an entrepreneurial venture to develop games and other kinds of software for consumers.
jeka94

The answer is<u> "demographic component".</u>


Population change results from the cooperation of demographic components: birth, demise and relocation. Along these lines, demography manages the point by point investigation of the three segments. With the estimation of such segments, different parts of the populace are broke down and deciphered. It designs and execute different advancement exercises. Birth, demise and movement are called demographic components, and additionally the deciding components of populace change since they influence the circumstance of the populace. In this way, the measure of the populace depends for the most part upon birth, passing and relocation.

5 0
2 years ago
After the death of her husband, Gina Baker, 35, received a check for $350,000 from a life insurance company. Gina has two small
Tju [1.3M]

Answer: Safety

Explanation:

 According to the given question, Gina is using the safety investment factor as it is one of the important factor in the investment program after her husband death and she is using the safety investment process for the purpose of securing her and the children's future.  

 The safety is basically stand for the simple agreement for the future equities and the secondary purpose of the investment program is to earn some interest money. The investment program is one of the type of monetary assets which is basically provide some profit in the future for example the mutual funds.

 In the same way, the life insurance is one of the program in which the person makes the payment on some regular basis to the insurance company and after the persons; death the company give money to their family.  

 Therefore, Safety is the correct answer.

4 0
3 years ago
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zloy xaker [14]
The answer to your question is D
3 0
3 years ago
Read 2 more answers
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