The type of contract that is missing from the this list of contracts covered by the Florida statute of frauds: sales contracts, option contracts, listing agreements for a term exceeding a year, deeds and mortgage instruments, and easements.
<h3>What is the Florida statute of Fraud?</h3>
This is the law that has it that all agreements has to be done in writing so as to be made enforceable.
The goal is to try to prevent issues where people may want to defraud others .
Read more on the statute of Fraud here:
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Answer and Explanation:
The journal entries are shown below
On Dec. 31, 2018
Interest receivable $600
To Interest income $600
(Being accrued interest earned is recorded)
On Dec. 31, 2018
Interest income $2,400
To Retained earnings $2,400
(Being the closing of interest income is recorded)
On Jan. 31, 2019
Cash $900
To Interest receivable $600
To Interest income $300
(Being cash receipt of interest is recorded)
Answer:
Damian is engaging in personal selling.
Explanation:
Personal selling is when a sales agent talks to a customer face to face in order to sale a product. This is a technique in which the salesperson explains the features of the product to try to convince the customer to buy the good offered. In this, the attitude of the sales person and showing knowledge of he product is really important. In this case, it is personal selling because the customer gets to the store looking for a product that is not available in the moment but the seller in a face to face conversation is able to offer a similar one that can meet the client's needs and explains the advantages of that one.
Answer:
a. a majority of both shareholders and directors must approve.
Explanation:
Whenever a corporation decides to dispose off all of it's assets or substantially all of it's assets to another corporation, following points are noteworthy
- The Board of directors first have to propose a resolution regarding disposition which has to be approved
- Secondly post approval of the said resolution, the act of "disposition" also requires approval by the corporation's shareholders.
- Such approval must be obtained by majority of the votes cast in it's favor.
In short, disposition of all or substantially all the assets requires an approval of a majority of both shareholders and directors.
ANSWER: Um okay!!! No questions needed at all