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AnnZ [28]
3 years ago
13

Mr. and Mrs. Davis, tenants, decide to have their apartment redecorated, on June 15. Contractor Jones says he will do the job fo

r $4,000 and informs Smith (the property owner), by registered letter, the job will be completed by June 13.
Upon completion, Davis tells Jones to see Smith for payment:

a. Smith is not liable since he did not contract with Jones
b. Smith may be liable since he had noticed and did nothing
c. Smith is not liable since his wife signed for the registered letter
d. Mr. and Mrs. Davis only are liable
Business
1 answer:
victus00 [196]3 years ago
7 0

Upon completion, Davis tells Jones to see Smith for payment : Smith may be liable since he had noticed and did nothing.

Explanation:-

Yes because he had express notice by registered letter and did nothing.

The only evidence of execution, apart from registered databases, that is acknowledged by most jurisdictions.

A notification agreement is a compromise between the parties on how notifications should be issued and how their conditions should be very specific. A provision of a notification shall be an agreement between parties as to how notices on contractual issues can be received, and this provision should be very clear about its requirements.

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From President Abraham Lincoln's perspective, the decision to wage a civil war against the southern states is best summarized in
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States that allowed slavery were no longer sovereign

Explanation:

cu Abraham believed that they were all human beings and should be free in america

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John’s Smoothie Stand at Utah’s Wasatch County’s Demolition Derby sells bananas. If John bought 53 lbs. of bananas at $.32 per p
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He should price them by taking 90 percent and dividing by .32
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Control limits come from :__________
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Answer:

e

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6 0
1 year ago
Changes in stockholders' equity Listed are the equity sections of balance sheets for years 2014 and 2015 as reported by Mountain
svet-max [94.6K]

a. Mountain Air's net income for fiscal 2015 is $910,000.

b. The number of new shares issued is 1,120,000.

c. The price per share of the new stock sold during 2015 is $4.20.

d. The original price of the shares was $2.08.

a. The net income is

= $1,500,000 - $800,000 + $210,000

= $910,000

b. The number of  New Share issued is

= 1,600,000 - 480,000

= 1,120,000

c. The price of the new stock per share sold is  

Par Value 1,120,000

Add: Paid In excess Of par (4,100,000 - 520,000) 3,580,000

Net Proceeds from issuance of shares 4,700,000

Number of New Share Issued 1,120,000

Now  

The Average price per share of the new stock sold is

= 4,700,000 ÷ 1,120,000

= $4.20

d. The original price of the share is  

The original issuance price is

= (Paid-in-capital account + common stock account) ÷ original shares  

= (520,000 + 480,000) ÷ 480,000

= $2.08

Therefore we can conclude that

a. Mountain Air's net income for fiscal 2015 is $910,000.

b. The number of new shares issued is 1,120,000.

c. The price per share of the new stock sold during 2015 is $4.20.

d. The original price of the shares was $2.08.

Learn more: brainly.com/question/13931207

5 0
2 years ago
When a dividend is not declared on preferred stock, and the common share­holders cannot receive a dividend until all past and cu
Lady_Fox [76]

Answer:

cumulative.

Explanation:

Cumulative preferred stock is defined as a type of stock that states that if any dividend payments have been missed the first payment of the owed dividends must be done to cumulative preferred shareholders in first instance

4 0
3 years ago
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