Answer:
Legal obligation will arise from inadvertence of one thing or a deliberate act. There are 3 categories of erroneous conduct lawfully. Its fissure of agreement, corruption and one who is pretentious or abraded thanks to the act of additional person.
(1)
The necessities that the automobile should demonstrate to carry mister. Embarrassed of carelessness are as per RES IPSA LOQUITUR belief. The belief RES IPSA LOQUITUR suggests that "the factor expresses for himself". In keeping with this opinion, the broken or damage himself is that the resistant and it expresses for the performance of the inattention. This belief needs the subsequent things:
- The affair or act ought to happen thanks to the carelessness
- the carelessness ought to cause some injury or damage
- the litigant ought to have fashionable management over the device or instrumentality.
- The casualty shouldn't have underwrote something to the carelessness.
(2)
Permitting to the law of carelessness, underneath request of householders and operatives of vehicles, P. Suppliers are control lawfully chargeable for the grievance to the automobile. In keeping with this, the vendor of vehicle United Nations agency energies sloppily and origins grievance is liable for the obligation produced to the broken individual. The proprietor will have the instruction of last vibrant probability. Enclose if the worker of the car isn't the proprietor then the possessor is not liable for the act of the carelessness of the worker delivered if there's associate deficiency of agency association. During this case, agency association exists. Thus, P Distributors are control chargeable for the injury to the celebration.
(b)
The possessor of vehicle United Nations agency drives inaccurately and causes grievance is liable for the liability produced to the broken individual. The possessor will have the instruction of last vibrant probability. In case, if the worker of the car isn't the possessor then the proprietor is not liable for the performance of the carelessness of the worker delivered if there's associate deficiency of agency association. During this case each belief of RES IPSA LOQUITUR and regulation of carelessness are pertinent. Thus, the Mr. Tom is control chargeable for the performance of his partner.
Answer:
$15,750
Explanation:
The computation of the net income reported by two methods is shown below:
= Income from Corporal + Non-controlling interest income
= $12,600 + $3,150
= $15,750
Or we can one thing also
= Income from Corporal ÷ acquiring percentage
= $12,600 ÷ 80%
= $15,750
All other information that is mentioned in the question is not relevant. Hence, ignored it
Answer:
Donuts= 28,571
Explanation:
<u>First, we need to determine the sale proportion of each product:</u>
Other items= 2/5= 0.4
Coffe= 2/5= 0.4
Donut= 1/5= 0.2
<u>Now, we can calculate the break-even point in units for the company as a whole:</u>
Break-even point (units)= Total fixed costs / Weighted average contribution margin
Break-even point (units)= 100,000 / (0.5*0.2 + 0.5*0.4 + 1*0.4)
Break-even point (units)= 100,000 / 0.7
Break-even point (units)= 142,857 units
<u>Now, the number of donuts:</u>
<u />
Donuts= 0.2*142,857
Donuts= 28,571
Answer:
The required entries on 14 January is as follows:
Dr Notes receivable $5,000
Cr Sales $5,000
Explanation:
No doubt by selling the merchandise a sale transaction has been discharged since the ownership of the goods has changed hands between the seller and the buyer,hence the seller can record a sale by crediting sales account.
However, since the cash has not been received nor is the transaction a mere credit sale where accounts receivable would been debited,neither the cash nor accounts receivable can be debited.
The debit goes to the notes receivable account, without considering the interest as the interest is considered later on when payment becomes due.
Answer:
True
Explanation:
It is essential to know and ensure that the taxpayer lists all the sources of income before the Form 13614-C is being submitted. This is necessary for the calculation of the tax to be paid by the person. The taxpayer should also fill the Form 1099-INT and declare all other sources of income. The statement above is true.
