Answer:
True
Explanation:
The relationship between Larry and Happy Homes, Inc. has to be a written agreement. This is because the agreement is a contract between both Larry and Happy Homes Inc. involving the sale of his house which he has given Happy Homes the right to find a buyer for.
So when Happy Homes, Inc. find a buyer, Larry will be notified and the processes will take place as stated in the contract between Larry and Happy Homes, Inc.
cheers.
Complete Question:
The first two files attached contain the complete question
Answer:
Other file shows a step by step solution as follows
answer 1
answer2 etc
<span>All risks cannot be transferred to the insurer. Mostly, pure risks can be transferred to the insurer</span>
The correct answer is No.
Drawing is considered a contra-capital account. It is not included in the asset sections of the financial statements, even though it has a debit balance. It is used to offset the capital account because it is money that the owner has withdrawn from the company.
