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Paraphin [41]
3 years ago
12

What are the underlying reasons for the law to continue to make distinctions between real and personal property, intangible and

tangible property
Business
1 answer:
kap26 [50]3 years ago
4 0

Answer:

In trying to made distinction between the real and personal property as the law provided, there is need to define both terms.

Real properties are those properties that can not be move from one place to another, I.e, they are immovable. Example of such property is land and the building constructed on it or agricultural practices on a particular land. In some textbooks, they are regarded as fixed asset such as a manufacturing plants which are in most cases not likely to be removable after the foundation as been laid due to the heaviness of the machines.

While

Personal property are those properties that are movable and example of such is money.

So, in both properties, the nature of use and level of controls the owner have over them differs and that is why the law provided specific rules and regulations over their ownership, possession and or transferrability. As for Real Properties, the law is very strict about it since it is a rigid property and its transferrability requires deed of agreement which much must be signed by witnesses from all parties involves and registered at the deed registry. The law also provides very strict tax regulations on landed property. As for the personal property, the regulation on it is less compare to that of real since it's movable and can be asset by the owner at any time and transfer of ownership is flexible. So, the law will continue to make distinction between these two types of property as they requires different regulations and their level of control differs.

Also for the tangible and intangible property, the law will continue to make distinction between them since one can be seen and the other can't.

Tangible properties are those properties that can be seen, touch, and physically acquired or taken into possession. Example is land, Building or workshop, Automobile. e.t.c

While,

Intangible properties are those properties that can not seen physically but exist on papers. Their impact can only be felt. Example of such properties are intellectual properties that are backed by copyrights, Academic presentations protected from plagiarism, checks and certificates of deposits.

From their definition, it is important to state that law will continue to make distinction between them since the control of ownership differs.

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Beach boards reports dividends per share of $1.40 and net income for the year of $150,000. dividend yield is 3.5%. what is beach
maria [59]

Beach boards net income for the year, I = $150,000 
Dividends per share, D = $1.40
 Dividend yield, DY= 3.5%
 Beach boards’ current stock price is P
 We have the formula 
 Dividend yield = Dividends per share / Current stock price => DY = D / P
 Beach boards current stock price is P = D / DY => 1.4 / 3.5 % => P = 1.4 x
100 / 3.5
 Beach boards current stock price is P = 140 / 3.5 = $40


7 0
3 years ago
In a make-or-buy decision, a. the company must choose between expanding or dropping a product line. b. the company must choose b
Travka [436]

Answer:

Correct option is (c)

Explanation:

Make-or-buy decision is a form of strategy to analyse if a product must be manufactured internally or sourced from outside suppliers.

Cost and benefits related to the product being produced internally or outsourced is studied and compared before arriving at a decision. If cost of producing and storing goods are less as compared to the cost incurred in outsourcing, then decision to make will be taken and vice-versa.

So, make-or-buy decision involves considering relevance of purchase price of goods sourced externally.

6 0
3 years ago
416,000 people each receive an average refund of $3,600, based on an interest rate of 3 percent, what would be the lost annual i
victus00 [196]

Answer:

$44,928,000

Explanation:

The fact that 416,000 received a refund of $3,600 each means that the tax authority would lose the interest income that could have been generated on the total refund amount based on a 3% interest rate of return.

Lost annual income=number of people who got refund*average refund per person*interest rate of return

number of people who got refund=416000

average refund per person=$3,600

the interest rate of return=3%

Lost annual income=416,000*$3,600*3%

Lost annual income=$44,928,000  

6 0
3 years ago
Which of the following is an example of representative money?
Leto [7]
"Representative money<span> is an item such as a token or piece of paper that has no intrinsic value but can be exchanged on demand for a commodity that does have intrinsic value, such as gold, silver, copper, and even tobacco" Google.

</span>C) A check. 

5 0
3 years ago
Read 2 more answers
Northwestern Data Systems has adopted a new organizational approach with regard to information flow, ensuring that employees hav
bija089 [108]

Answer:

neither she nor her supervisor has any demonstrable reason to access such information.

Explanation:

When security measures are introduced in information system access in an organisation, an individual is limited to only a defined set of data.

Access to data outside one's normal job role requires a request for addition of such access.

In the given instance Northwestern Data Systems has adopted a new organizational approach that ensures employees have access to the only data they need.

Stacy, an administrative assistant requests a report regarding disciplinary action on a manager outside her department.

She will not be able to get it because she should normally not be able to discipline a manager.

So she can't access it because neither she nor her supervisor has any demonstrable reason to access such information.

3 0
2 years ago
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