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
masya89 [10]
4 years ago
5

Thomas signed a sales contract with​ bricklay's, a firm that supplies bricks for private individuals. the contract specified the

type and amount of bricks​ needed, and that thomas would pick up the bricks from the​ bricklay's warehouse 15 days later. thomas received a document of​ title, but failed to pick up the goods on the stipulated date. in this​ scenario, at what point of time is the title to goods passed over to​ thomas
Business
1 answer:
alekssr [168]4 years ago
7 0

Sales contract is a sales agreement is generally used for the sale of goods that require delivery.<span> In this scenario Thomas signed a sales contract with a firm​  that supplies bricks for private individuals.</span> At the point when Thomas receives the document of title is the title to goods passed over to​ Thomas.
<span>Title to goods cannot pass under a contract for sale prior to their identification to the contract.</span>


You might be interested in
What can cell margins be useful for
mixas84 [53]

In the Cell Options dialog, you can tick the box to set the cell margins for the selected cell(s) to be the same as the table as a whole. Or, un-tick the box, and set the cell margins for the selected cell(s). Cell margins for an individual cell will over-ride the cell margin setting for the table as a whole.

7 0
4 years ago
On July 8, Compusoft receives $350,000 from a customer toward a cash sale of $1.00 million for customized computer equipment to
Montano1993 [528]

Answer:

July 8th

cash 350,000

   unearned revenue   350,000

August 1st

unearned revenue 350,000

cash     650,000

   service revenue         1,000,000

Explanation:

July 8th we have to post for the cash received, the total amount of the sale, may change so we don't record that.

On August 1st the services were performed. We accrued revenue for the whole amount of the contract. We record the cash received and we write-off the unearned revenue because is no more.

6 0
4 years ago
The amount of depreciation expense for the first full year of use of a fixed asset costing $95,000, with an estimated residual v
Keith_Richards [23]

Answer:

False

Explanation:

Depreciation for on straight-line method:

Cost price: $ 95,000.00

Residual value: $ 5,000.00

Depreciable amount = $ 95,000- $ 5000

    = $90,000.00

Depreciation per year= 1/5x 90,000

    =0.2 x$ 90,000

    =$18,000.00

8 0
4 years ago
El costo de producir x artículos está dado por yc= 3.5x + 852. Cada artículo se vende a $5, por lo que el ingreso por vender "x"
mars1129 [50]
I don't talk Spanish why ;-;
3 0
3 years ago
 BRAINLIEST
DIA [1.3K]
The correct answer would be 2.)chain stores.
4 0
3 years ago
Read 2 more answers
Other questions:
  • What is morale?
    5·2 answers
  • ▼ Cash Flow Present Discounted Value Interest Rate is based on the notion that a dollar paid in the future is less valuable than
    14·1 answer
  • One reason b2b salespeople spend considerable time qualifying potential customers is tha
    5·1 answer
  • A few years ago, Simon Powell purchased a home for $155,000. Today, the home is worth $260,000. His remaining mortgage balance i
    11·1 answer
  • D.L. Jones &amp; Co. recently went public. The firm received $20.80 a share on the re offer ot25.000 shares. Keeser &amp; Co. se
    11·1 answer
  • Definition of observant in entrepreneur characteristics​
    9·1 answer
  • A Excite Enterprises, a corporation of amusement parks, uses an accounting firm to handle the payroll and tax functions for the
    12·1 answer
  • On July 8, a fire destroyed the entire merchandise inventory on hand of Larrenaga Wholesale Corporation. The following informati
    7·1 answer
  • Question 3: Cost terminology in manufacturing firms a) Direct materials include all materials and components only raw materials
    10·1 answer
  • If you will be given enough capital or resources, what processed food would you like to manufacture? What techniques you will ap
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!