1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
LekaFEV [45]
4 years ago
10

Garth's Imports sold a car to Wally on credit for $30,000. Garth assigned to Cassandra all of his rights to receive money from W

ally. Cassandra did not inform Wally of the assignment. Therefore, Wally continued to make the next three payments directly to Garth. Shortly thereafter, Garth left the country with the money. If Cassandra sues Wally for the missing three payments:
a.Cassandra will not be able to collect the money from Wally.
b.Wally is not liable for the three payments because an assignment is not valid unless the obligor is notified.
c.Wally is liable for the three payments because Cassandra paid consideration for the assignment rights.
d.Wally cannot raise the defense of previous payment.
Business
1 answer:
Tcecarenko [31]4 years ago
8 0

Answer:

A. Cassandra will not be able to collect the money from Wally

Explanation:

You might be interested in
How would utility costs be properly classified? Select one: A. Curvilinear B. Fixed C. Variable D. Stepped E. Mixed
ANTONII [103]

Answer: Mixed

Explanation:

Here is the complete question:

Max Machining incurs the following utilities costs at different levels of production:

0 units: $120

500 units: $2,620

1,000 units: $5,120

How would utility costs be properly classified?

A) Curvilinear

B) Variable

C) Mixed

D) Fixed

E) Stepped

The utility cost here will be classified as a mixed cost. A mixed cost is a type of cost that has both fixed and variable cost. At 0 units, $120 was already spent. This shows that this cost is a fixed cost as it doesn't have anything to do with output. It'll still be paid regardless of the number of outputs while the other cost incurred are variable cost which is dependent on the number of outputs of goods.

Based on the explanation above, the answer is mixed cost.

3 0
3 years ago
During the past month, Jennifer Johnson had income of $3,500. During the month, her net worth declined by $300. If no other fina
Fiesta28 [93]
I think Jennifer’s payment for the month is 3,800
7 0
3 years ago
In Chapter 7 bankruptcy a debtor
nalin [4]

Answer: A. is required to draw up a petition listing all assets and liabilities.

Explanation:

Bankruptcy simply refers to the legal whereby an economic entity is unable to repay their outstanding debts. In this case, the individual or business will need to sell its remaining assets in order to pay the liabilities.

Due to the above reason, then the debtor will be required by the government to list all of their assets and the liabilities that it owns and this will be used in determining whether the obligation has been fulfilled or not.

3 0
3 years ago
Bass new product forecasting model is used for estimating long term sales potential of a product True False
kobusy [5.1K]

Answer:

True

Explanation:

The Bass New forecasting model is a forecasting model that is commonly used to estimate the sales of a product at a certain in future and it is used for highly durable goods.

The bass new forecasting model wad developed by Frank Bass and it has a formula

<u> f ( t )   </u>    =   p + qF ( t )

1 - f ( t )

where:

f ( t )  is the change of the installed base fraction

F(t) is the installed base fraction

p is the coefficient of innovation

q is the coefficient of imitation

Cheers.

7 0
3 years ago
Darren is eligible to contribute to a traditional 401(k) in 2019. He forgot to contribute before year-end. If he contributes bef
Irina18 [472]

Answer:

True

Explanation:

Base on the scenario been described in the question which, Darren was eligible to assist to a traditional of 401,000 in 2019, but we were told he forgot and later he paid in 15, June 2020, he is look as though he paid in 2019 because and it is true.

The reason why the answer is true is that Darren is that the time he paid the money in July 15, 2020, it was still within the time he allowed to still pay for the year 2019, that's why he considered as though he paid in 2019.

5 0
4 years ago
Other questions:
  • You purchased 2,200 shares of the New Fund at a price of $25 per share at the beginning of the year. You paid a front-end load o
    12·1 answer
  • When using the direct write-off method off accounting for uncollectible receivables, the account Allowance for Doubtful Accounts
    13·1 answer
  • Your company has two​ divisions: One division sells software and the other division sells computers through a direct sales​ chan
    6·1 answer
  • 1. Out of 115000 students, 20% failed in SLC,40% of failers.
    7·2 answers
  • The basic purpose of the securities laws in the United States is to regulate the issuance of investment securities by:_____.A. P
    13·1 answer
  • Positive Messages and the Writing Process
    6·1 answer
  • Why is communism disappearing?<br><br> Hint: (demand market v. Command market)
    13·2 answers
  • A purchase of supplies on account is recorded in the a.revenue journal b.general journal c.cash payments journal d.purchases jou
    12·1 answer
  • You are working as a private math tutor to raise money during spring break. Assuming you want to earn as much money as possible,
    14·1 answer
  • If the true mean is .9350 with a standard deviation of 0.0090, within what interval will 90 percent of the sample means fall? (r
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!