This is not an essential element of such a contract because basically we would not expect a minor to be involved in a transaction of a four-family residential resale property.

Remember, competent parties contract requirements are that the two parties in the sale contract should be persons legally and mentally capable of entering into contracts that is enforceable by law.

5 0

4 years ago

g The perfectly competitive firm faces a downward sloping demand curve. a horizontal supply function. perfectly elastic demand.

egoroff_w [7]

Answer:

Option C (perfectly elastic demand) seems to be the correct alternative.

Explanation:

Large companies manufacture similar products which cannot be separated from those manufactured by certain rivals.
Price increases become decided on the market as well as firm price changes, marketing their production at either the current market value. Increasing organizations face a relatively elastic consumer surplus equivalent to something like the sale value.

All other alternatives in question are not relevant to the unique scenario. But that's the correct answer above.

6 0

3 years ago

During the current year, Reed Consulting Group acquired long-term available-for-sale securities at a $70,000 cost. At its Decemb

kipiarov [429]

Answer:

Account Debit Credit

Unrealized loss (Equity) $12,000

Fair Value adjustment (Avaliable $12,000

for sale)

Explanation:

Given Data:

Long-term available-for-sale securities=$70,000

December 31, Securities fair values=$58,000

Required:

The necessary year-end adjusting entry related to these securities.

Solution:

Unrealized Loss occurred=$70,000-$58,000

unrealized Loss occurred=$12,000

Adjusting entry:

Account Debit Credit

Unrealized loss (Equity) $12,000

Fair Value adjustment (Avaliable $12,000

for sale)

3 0

4 years ago

HELP HELP 10 POINT FOR YOU ILL MAKE IT 20 HELP HELp

dem82 [27]

Cheer up hahahaha kaya moyan

6 0

3 years ago

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