Answer: Yes
Explanation:
The construction company is entitled to compensation because it has a property right to enter and remove minerals.
The investor gave the construction company the right to use the properties on the land, if anything would be done on the land, the construction company should be compensated because they bought the right to do business there. Since the owner granted them the sole right, they are entitled to the resources.
Answer:
<em> Debit Credit</em>
$ $
Cash 1000
Account receivable 530
Supplies 690
Prepaid rent 40
Software 190
Equipment 1380
Accumlated depreciation 230
Accumlated Amortization 140
Account payable 80
Income tax payable 30
Unearned revenue 90
Notes payable 1280
Common stock 280
Retained earnings 110
Sales revenue 3530
Interest revenue 50
Depreciation expenses 100
Interest expenses 170
Income tax expenses 100
Office expenses 800
Rent expenses 380
Salaries and wages expenses <u> 640</u>
TOTAL <u> 6020 6020</u>
The status of this exchange of promises at this time is that it is a voidable contract.
<h3>
What is a voidable contract?</h3>
- A voidable contract, as opposed to a void contract, is a legitimate contract that can be confirmed or rejected at the discretion of one of the parties. The contract only binds one of the parties.
- The unbound party may disavow the contract, at which point it becomes null and invalid.
- Coercion, undue influence, mental incapacity, intoxication, deception, or fraud are common reasons for voiding a contract.
- A minor's contract is frequently voidable, however a minor can escape a contract only while his or her minority status and for a reasonable time after reaching the age of majority.
- The contract is regarded as ratified after a reasonable period of time and cannot be avoided.
- Other examples include real estate contracts, lawyer contracts, and so on.
Therefore, the status of this exchange of promises at this time is that it is a voidable contract.
Know more about the voidable contracts here:
brainly.com/question/17162523
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Answer:
Not much information to go off
Explanation:
This is hard to answer since there is no information about the state of the economy. If the economy is doing poor and that is his reason for unemployment, he is cyclically unemployed.
If he is just waiting for his job, he is frictionally unemployed because he is between jobs.
If you are not looking for a specific type of unemployment, he could be classified as not part of the labor force as he is not looking for a job.
Answer:
B. Group By operator
Explanation:
Hope this helps and have a nice day :)