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
ludmilkaskok [199]
3 years ago
11

In the following situations, two parties claim the same goods. Who is most likely to prevail in each circumstance? Explain. Cite

your textbook for support(a) Shelly steals Hal’s refrigerator and sells it to Bert, an innocent purchaser, for value. Hal learns Bert has the set and demands its return.(b) Cal takes his diamond ring for repair to Marge, a merchant who sells new and used diamond rings. By accident, one of Marge’s employees sells the ring to Tibo, an innocent purchaser-customer, who takes possession. Cal wants his set back from Tibo.
Business
1 answer:
faust18 [17]3 years ago
5 0

Answer:

In both the cases, buyer while buying any unique item or administrations needs to ascertain whether the item or administration, which previously had been utilized by past customer or proprietor is genuine o the person in question. In the two cases over, the buyers haven't taken in thought the genuineness of item being taken, counterfeit or somewhere else claimed by someone or not. So all things considered the buyers can be considered too for restoring the item to real proprietor.  

While the procedure of burglary is a lawful criteria, it tends to be managed by law of land. While as by accidentally offering one's item to others shows absence of polished skill in undertakings of tasks as well. So in both the cases, everybody is responsible during the time spent settlement of refers to questions.

You might be interested in
A. On April 1, the company hired an attorney for a flat monthly fee of $2,500. Payment for April legal services was made by the
Crazy boy [7]

Answer:

A. Apr 30

Dr Legal fees expense 2,500

Cr Legal fees payable 2,500

May 12

Dr Legal fees payable 2,500

Cr Cash 2,500

B. Apr 30

Dr Interest expense 2,175

Cr Interest payable 2,175

May 20

Dr Interest expense 4,350

Dr Interest payable 2,175

Cr Cash 6,525

C. Apr 30

Dr Salaries expense 5,600

Cr Salaries payable 5,600

May 03

Dr Salaries expense 8,400

Dr Salaries payable 5,600

Cr Cash 14,000

Explanation

Preparation of the adjusting entry for both April 30 and the subsequent entry during May to record the payment of the accrued expenses.

A. Apr 30

Dr Legal fees expense 2,500

Cr Legal fees payable 2,500

May 12

Dr Legal fees payable 2,500

Cr Cash 2,500

B. Apr 30

Dr Interest expense 2,175

Cr Interest payable 2,175

May 20

Dr Interest expense 4,350

(6,525-2,175)

Dr Interest payable 2,175

Cr Cash 6,525

C. Apr 30

Dr Salaries expense 5,600

(14,000*2/5)

Cr Salaries payable 5,600

May 03

Dr Salaries expense 8,400

(14,000*3/5)

Dr Salaries payable 5,600

(14,000*2/5)

Cr Cash 14,000

4 0
3 years ago
Suppose that the European Union is now experiencing a recession. Its actual real GDP is €200 billion, and the estimate of its po
jek_recluse [69]

Answer and Explanation:

As per the data given in the question,

The central bank have various tools to apply expansionary policy and these tools are :

- Reserve ratio.

- Discount rate.

- Open market operations.

The open market operations include the buying and selling of government owned securities by central bank to impact the monetary base in the economy. In case of any recession, the central bank should purchase government securities to enhance the money supply. Because whenever they do any kind of open market purchase there would definitely be increase in money in the economy. That's why increment in money supply decrease the interest rate in economy.

Nominal interest rate is the cost of borrowing so if there is decrement in interest rate, there would be consumption and investment activities. these both are the component of aggregate demand so the aggregate demand will increase, and this increment in aggregate demand helps the economy to recover in the situation of recession.

6 0
3 years ago
Geese Company utilizes the dollar-value LIFO retail inventory method. Its cost-to-retail percentage is 60% based on beginning in
Alinara [238K]

Answer:

$227,272

Explanation:

Ending inventory at base-year retail prices =

Ending inventory at current-year retail prices

÷The current-year price index

Ending inventory at current-year retail prices $250,000

The current-year price index 1.10

Hence:

$250,000÷1.10

=$227,272

6 0
4 years ago
The Lebanese steel factory “STEEL CO” was the leader in its market for many years. Today, the management noticed that sales are
Fiesta28 [93]

Answer:

1.) Traditional competitor

2.) Product differentiation & Customer intimacy

3.) C

Software / Telecommunications / Hardware

4.) Value chain

5.) ESS

Explanation:

1.) The company was aware of its competitors' marketing strategies and pricing to any changes made. Rivalry among competitors tends to be cutthroat and industry profitability low while having the potential factors.

3.) An information system is essentially made up of five components hardware, software, database, network and people. These five components integrate to perform input, process, output, feedback and control. Hardware consists of input/output device, processor, operating system and media devices.

4.) Value chain is the process or activities by which a company adds value to an article, including production, marketing, and the provision of after-sales service.

5.) An Executive Support System (ESS) is software that allows users to transform enterprise data into quickly accessible and executive-level reports, An ESS enhances decision making for executives. ESS is also known asExecutive Information System (EIS).

4 0
4 years ago
Read 2 more answers
Marcy's, Inc., operates two well-known high-end department store chains in North America. Marcy's and Bloomingdale's. The follow
marin [14]
Nsjsjd. didoeie . sidoeoeek
4 0
3 years ago
Other questions:
  • The most used instrument the federal reserve uses for controlling week to week changes in the money supply is
    15·1 answer
  • Marketing strategy addresses a specific target market with a cohesive marketing mix of:
    8·1 answer
  • The viability and relevancy of insurance products sold to individuals and businesses
    12·1 answer
  • Three different objectives relate to a firm's profit, which is often measured in terms of return on investment. One objective, k
    13·2 answers
  • One year ago, your company purchased a machine used in manufacturing for $110 000. You have learned that a new machine is availa
    12·1 answer
  • The Economic Landscape of Oceania World Geography Unit 7:__________Australia, New Zealand, and the Pacific Islands
    12·1 answer
  • John is a design engineer working at an auto manufacturer research and development department. In addition to his normal duties,
    6·1 answer
  • There are four general ways of making observations: (1) direct versus indirect, (2) overt versus covert, (3) structured versus u
    7·1 answer
  • Determine the market potential for a product that has 20 million prospective buyers who purchase an average of 2 per year and pr
    14·1 answer
  • Suppose buyers of rackets and tennis balls regard the two goods as complements. then an increase in the price of rackets will ca
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!