The buyer takes title to a landlocked property.
Easement <span>appurtenant is defined as an easement that benefits one parcel of land, known as the dominant tenement, to the detriment of another parcel of land, known as the servient tenement.
The property having an easement appurtenant is a landlocked property. It means that in order to have access on the property, one must go through a road that is owned by another that holds the servient tenement.
Even though Edison failed to disclose about the easement appurtenant, the buyer can still have easement appurtenant on the road. This is because the easement appurtenant is attached to the land and is automatically transferred to the new owner once the land is sold. </span>
Answer: A. $70,000
No
Explanation:
Opportunity cost is the cost of forgone opportunity. It is what Jing would have earned ($70000) if she didn't start her business.
Even though Jing is making an accounting profit, her economic profit is negative,$-20,000.
Economic profit = Accounting profit - Opportunity cost
Answer:
$22.2 billion
Explanation:
Calculation to determine How much would they report as LIFO cost of goods sold
Cost of goods sold=$22 billion + ($0.8 billion $0.6 billion)
Cost of goods sold=$22 billion + $0.2 billion
Cost of goods sold= $22.2 billion
Therefore How much would they report as LIFO cost of goods sold would be $22.2 billion
Answer:
A. the atmosphere, spirit and character that pervades the work climate and the values, business principles, and ethical standards that management preaches and practices
Explanation:
Culture is the normally acceptable social behaviour that is expected from someone in a group. It includes beliefs, knowledge, art, law, capabilities, and habits of the group.
The process by which the culture of a group is imbibed is through learning and socialisation.
The norm of a group is the acceptable way one is expected to behave in the group. Like the way one dresses and language.
A company's culture is expressed in the spirit and character that pervades the work climate and the values, business principles, and ethical standards that management preaches and practices.
Answer:
are the losses which have already been incurred and which are unrecoverable.
Explanation:
Sunk costs are costs that have already been incurred and are not unrecoverable. They are not considered in future decision making.
Total cost is the sum of fixed and variable cost.
I hope my answer helps you
