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3 years ago

What does an owner own if the duration of his or her rights in an estate cannot be determined?

Business

1 answer:

kifflom [539]3 years ago

5 0

The owner own the freehold estate if his or her rights in an estate cannot be determined

Explanation:

In this type the owner will not know the duration for which he or she can hold the estate and they can enjoy exclusively all the rights for an undefined length of time or period

They are of three kinds a fee simple, a fee tail, and a life estate in these type the owner can enjoy the rights for an amount of time that is not known to him and this also includes the ownership in the properties

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The Hi-Stakes Company has a number of importing and exporting transactions. Importing activities result in payables and exportin

Lorico [155]

Answer:

The Hi-Stakes Company

a. If the direct exchange rate increases, the dollar strengthens relative to the other currency.

b. If the indirect exchange rate increases, the dollar also strengthens relative to the other currency.

Explanation:

When the exchange rate increases, it means that more of the other currency is required in order to embark on importing and exporting transactions. However, the increases will weaken the ability of the importing currency to afford the dollar-based goods, which have then being made more expensive.

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3 years ago

A nonprofit agency sets up a website to channel investments from all over the globe into microloans to support local farms, arti

ziro4ka [17]

Answer: Under the given circumstances , the following would be a positive externality for the global environment: Fewer people move from rural to urban areas, reducing urban sprawl.

Urban sprawl can lead to several negative externalities such as : pollution, exploitation of natural resources at an exponential rate, unemployment etc.

Therefore, if fewer people move from rural to urban areas, this will reduce urban sprawl and further every other negative externality associated with it.

The correct option is (A)

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3 years ago

On jan. 2, callie company received a $700 payment from a customer previously billed for services performed. the journal entry to

svp [43]

To record On Jan 2, Callie Taylor received a $700 payment from a customer formerly billed for services performed. The journal entry to record this transaction would contain a debit to the cash account and a credit to the Accounts Receivable account.

<h3>What is Journal entry?</h3>

A journal entry exists as an act of keeping or creating records of any transactions either economic or non-economic. Transactions exist listed in an accounting journal that indicates a company's debit and credit balances. The journal entry can consist of several recordings, each of which exists either a debit or a credit.

A journal entry exists as a record of the business transactions in the accounting books of a business. A properly recorded journal entry consists of the correct date, amounts to be debited and credited, an explanation of the transaction, and a unique reference number. A journal entry exists as the first step in the accounting cycle.

Hence, To record On Jan 2, Callie Taylor received a $700 payment from a customer formerly billed for services performed. The journal entry to record this transaction would contain a debit to the cash account and a credit to the Accounts Receivable account.

To learn more about Journal entry refer to:

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2 years ago

Which of the following statements is false?

Lelechka [254]

Answer:

Which of the following statements is false?(A)

Explanation:

please click the heart and rate excellent and brainleist to ❤☺️♨️☻♨️☺️❤

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2 years ago

Read 2 more answers

When should you replenish a petty cash fund?

faust18 [17]

Answer:

both b and c

Explanation:

A Petty Cash Fund is a convenient way of paying for small transactions. It is mostly applied when making payment using other methods is unreasonable. The money spent should be replenished at least once to take the Petty Cash Fund back to its approved balance. Replenishment is also done when the dollar balance goes below a set level. Replenishing allows the petty cash fund to operate as intended.

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3 years ago