1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
JulijaS [17]
3 years ago
11

Harold borrows $20,000 from Alex and signs a note promising to pay Alex this amount plus interest in one year. Alex negotiates t

he note to Reese, an HDC. Before the note is due, Harold declares bankruptcy and the court finds it to be true. According to the discharge in bankruptcy defense, which of the following is true in this scenarioA) Reese can recover from Harold.
B) Reese can recover from Alex.
C) Alex can recover from Harold.
D) Reese cannot enforce the instrument.
Business
1 answer:
Tomtit [17]3 years ago
4 0

Answer:

B)

Explanation:

Reese can recover from Alex.

You might be interested in
Wimpy Inc. produces and sells a single product. The selling price of the product is $185.00 per unit and its variable cost is $5
Aleonysh [2.5K]

The formula for the calculation is

<u>CM ratio = Unit contribution margin ÷ Unit selling price </u>

The break-even in monthly dollar sales is closest to $578,100

Explanation:

The formula for the calculation is

<u>CM ratio = Unit contribution margin ÷ Unit selling price </u>

<u></u>

<u>Given that </u>

<u>Selling price of the product=</u>$185.00 per unit

variable cost=$55.50 per unit

fixed expense=$404,670 per month

<u></u>

= ($185.00 per unit − $55.50 per unit) ÷ $185.00 per unit

= $129.50 per unit ÷ $185.00 per unit = 0.70

<u>Dollar sales to break even = Fixed expenses ÷ CM ratio </u>

= $404,670 ÷ 0.70

= $578,100

The break-even in monthly dollar sales is closest to $578,100

7 0
3 years ago
Anyone have tikt ok put u r at in co mments or anw ser and i will follo w u
kondaur [170]

Answer:

sorry I don't have one! T~T

Explanation:

8 0
2 years ago
Assuming that the federal reserve banks sell $40 million in government securities to commercial banks and the reserve ratio is 2
sdas [7]

The reserve requirement when the federal reserve banks sell $40 million in government securities to commercial banks is $8 million.

<h3>How to calculate the reserve requirement?</h3>

From the information given, the the federal reserve banks sell $40 million in government securities to commercial banks and the reserve ratio is 20 percent.

Therefore, the reserve requirement will be:

= 20% × $40 million

= $8 million.

Learn more about reserve requirements on:

brainly.com/question/25812353

#SPJ1

8 0
1 year ago
Jones Corp. reported current assets of $196,000 and current liabilities of $138,500 on its most recent balance sheet. The curren
myrzilka [38]

Answer:

0.74

Explanation:

Jones corporation reported a current assets of $196,000

The current liabilities is $138,500

The current assets consists of $61,000 cash , account receivable= $42,100, inventory= $92,900

Therefore the quick ratio can be calculated as follows

= cash + account receivables

= $61,000 + $42,100

= $103,100

$103,100/$138,500

= 0.74

Hence the acid test(quick ) ratio is 0.74

4 0
3 years ago
While a(n) Blank______ firm views the world as one market and emphasizes cultural similarities across countries rather than diff
givi [52]
  • A firm that treats the whole world as one market by emphasizing the similar cultures in all the countries is called a global marketing firm.
  • A firm that observes the world is comprised of different countries and done marketing of products in each country in a varied manner is called a multinational marketing firm.

<h3>What is a marketing firm?</h3>

A marketing firm is an entity that enabled a business to create, execute and sustain the marketing strategies in the consumer market.

  • The global marketing firm is the one that creates a standardized market in the scenario of similar cultures and adapts when the cultures are different in the worldwide market.
  • The multi-national marketing firm is the entity that introduces varied products, their branding, and promotion in various countries in which they have their businesses.

Therefore, the global marketing firm focuses on marketing in the entire world whereas the multinational marketing firm focuses on the country in which they have their business set up.

Learn more about the marketing in the related link:

brainly.com/question/27155256

#SPJ1

5 0
1 year ago
Other questions:
  • Managers who must be familiar with the equal employment opportunity commission regulations are __________ managers.
    11·1 answer
  • Out of 150 math students, 86% passed. how many students passed math class?
    6·2 answers
  • Which of the following is NOT associated with (or does not contribute to) business risk? Recall that business risk is affected b
    14·1 answer
  • Dodge, Incorporated acquires 15% of Gates Corporation on January 1, 2011, for $105,000 when the book value of Gates was $600,000
    7·1 answer
  • During the current year, Haft Co. became involved in a tax dispute with the IRS. At December 31, Haft’s tax advisor believed tha
    7·1 answer
  • Ray's Satellite Emporium wishes to determine the best order size for its best-selling satellite dish (model TS111). Ray has esti
    5·1 answer
  • Boss Enterprises currently sells its products for per unit. Management is contemplating a ​% increase in the selling price for t
    7·1 answer
  • Banks fail when the value of bank ________ falls below the value of ________, causing the bank to become insolvent.
    15·1 answer
  • When diminishing marginal utility starts happening as a person consumes more and more of a given good rev: 04_09_2018 Multiple C
    5·1 answer
  • B. In a time study, an analyst observed a worker who prepared hamburgers at the Blimpy Burger restaurant. The recorded average t
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!