Answer:
B) The building account increases by $370,000.
Explanation:
Since the per share value is $35
Also the 10,000 shares are issued at $10 and pays $20,000 in exchange of building
So the building account would be increased by
= 10,000 shares × $35 + $20,000
= $350,000 + $20,000
= $370,000
hence, the correct option is B.
Answer:I am figuring this question out for you!
Explanation:one moment
Answer:
True
Explanation:
Dylan's alteration of the contract terms automatically discharges (terminates) the contract, since the consideration was changed. Dylan's consideration remained the same, providing some set of weights, but Tiffany's consideration was wrongfully and illegally changed by Dylan($18,000 instead of $10,000), so the contract is terminated.
Answer: the buyer must be advised that he is purchasing borrowed shares
Explanation:
The statements regarding the short sale of a listed security that are true are:
• a short sale can be effected at any time in the trade sequence.
• short sales may take place at the opening.
• short sales may take place at the closing.
It should be noted that at anytime in trade sequences, short sales can be effected either at the opening or during the closing. Also, buyers are not told that the shares that they're buying being represent borrowed shares.
Therefore, option A is the correct answer.