Based on the fact that Falz failed to make the purchase, Grain Farm most likely has the remedy of C ) Pay the difference between contract price and market price.
<h3>What is Grain farm to do?</h3>
When a buyer (Falz) gets into an agreement to buy a land or property and fails to do so, this falls under real estate and damage.
Under real estate and damage, the buyer would then have to pay the seller (Grain Farm) a remedy which would be the difference between the market price of the property and the contract price.
Options for this question include:
- the amount that Faiz expected to invest in the brewery
- a percentage of Faiz's unrealized profit.
- the difference between the contract and market prices of the land.
- nothing-Grain Farm still owns the land.
Find out more on contract remedy at brainly.com/question/28480342
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Why are all these questions so hard I don’t know the answer
IBM's Smarter Planet campaign markets IBM as a company that provides innovative solutions that improve the world's IQ. This is an example of organization marketing.
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Explanation:</u></h3>
Marketing function plays a vital role in the success of any company. It is the process by which the companies will first find the potential markets for selling their products and then promote their products saying how they vary from the other similar products.
Organisation marketing is the strategy that is being used by the business but a difference is that here customers will buy their products and do not used those products personally. In the example given, IBM markets innovative solutions that helps in improving the Intelligence Quotient. This acts as an example of organization marketing.
<span>C) Cash, debit $11,000; Katelyn's Capital, credit $11,000
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Answer:
Explanation:
The journal entries are shown below:
On January 1
Copyright A/c Dr $420,000
To Cash A/c $420,000
(Being copyright is purchased)
On December 31
Amortization A/c Dr $42,000
To Accumulated amortization A/c $42,000
(Being annual amortization is recorded)
The computation is shown below:
= Purchase value of copyright ÷ number of goods years
= $420,000 ÷ 10 years
= $42,000
