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Alexeev081 [22]
3 years ago
12

Ranchland Properties and Prairie State Investments sign a written contract for a sale of land. In some states, to be enforceable

, this contract must include​:
Business
1 answer:
labwork [276]3 years ago
7 0

Answer:

description of the land

Explanation:

According to my research, many states need for a land sale contract to include a description of the land in order to be able to make the contract enforceable. This is just like when you buy a car, you would like to have photos of the car for the sale. Description as well as photos provide a better understanding of what is being sold.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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Nataly_w [17]

Answer:

A fidelity bond

Explanation:

Fidelity bond or coverage is the kind of insurance which protects the company or its business owner from the theft, fraud by an employee of the company.

This bond will provide guarantee that if the business owner or company suffers any loss because of employee dishonesty, the chosen insurer will share the loss within the limitations stated in the contract.

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3 years ago
What were the most important factors that led to the midwest becoming known as the rust belt?
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2 years ago
Complete the following statement. The purpose of the closing process is to reset _________ (temporary/permanent) account balance
frez [133]

Answer:

The correct answer is temporary/earnings

Explanation:

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Finally, in the accounting closing, a series of steps are carried out: the accounting regularization, the determination of the result, the closing of accounts and the presentation of annual accounts.

In conclusion, in the accounting cycle a period of time is contemplated and a set of operations and procedures are carried out in order to reflect the financial status of a company.

4 0
3 years ago
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Jax Company uses the acquisition method for accounting for its investment in Saxton Company. Jax sells some of its shares to Sax
Elena-2011 [213]

Answer:

A

Explanation:

In this question, we are to evaluate the validity of the options. We were told he used the acquisition method. When do we use the acquisition method?

The acquisition method is used when a company is taken in by another company by using a merger, acquisition or through a consolidation.

Now, out of all the options presented, we can see that the selling price less the acquisition value is recorded as a realized gain or loss.

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kicyunya [14]

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