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4 years ago

True or false Verbal contracts can never be legally enforced

2 answers:

6 0

I'm not completely sure, but I would say true. In court, it would be their word against the other person's word, and nothing could be legally done to enforce the verbal contract. Only written and signed contracts can be enforced legally.

I hope this answer helped you! If you have any further questions or concerns, feel free to ask! :)

Iteru [2.4K]4 years ago

4 0

True and False. It's only going to be True, if there is enough evidence provided with the statement. It would be False, because in some cases, they're to disproportionate to handle or deal with using Law Enforcement.

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4 years ago

Which statement is true?

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AlladinOne [14]

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4 years ago

Budgeted Actual Overhead cost $909,000 $884,000 Machine hours 55,000 46,000 Direct labor hours 101,000 98,000 Overhead is applie

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Answer:

Missing word <em>"(b) Determine the amount of overhead applied for the year?"</em>

<em />

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3 years ago

The following section is taken from Carla Vista's balance sheet at December 31, 2021. Current liabilities Interest payable $ 50,

navik [9.2K]

Answer:

(a) Journalize the payment of the bond interest on January 1, 2022.

Since no accrued interest has been recorded, we must journalize the interest expense.

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Cr Cash 60,000

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Dr Interest payable- bonds payable 60,000

Cr Cash 60,000

(b) Assume that on January 1, 2022, after paying interest, Carla Vista calls bonds having a face value of $195,000. The call price is 109. Record the redemption of the bonds.

Dr Bonds payable 195,000

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Dr Interest expense 40,500

Cr Interest payable - bonds payable 40,500

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4 years ago