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Stella [2.4K]
3 years ago
11

In 2010, Jon "Neverdie" Jacobs sold his virtual real estate complex in the online game Entropia for a reported $635,000—in real

U.S. dollars. The Entropia Universe has its own virtual economy with a fixed exchange rate to the real world. The real estate Jacobs sold, that was allegedly originally purchased with $100,000 mortgage from his non-cyberspace home, included 20 large biodomes for hunting and mining; 1,000 apartments and a circular shopping area with 66 stores. Are virtual goods like Club Neverdie real property, personal property, intellectual property, or something else?
Business
1 answer:
Volgvan3 years ago
4 0

Answer:

the correct is something else

Explanation:

I believe that Jon's estate complex in Entropia could classify as an intangible property.

Intangible property can be defied as property that doesn't have any physical attributes that give them value. For example, a car is a tangible since you can drive it around, but a certificate of deposit is just a piece of paper (or even a computer code) and nothing else. The same applies to bonds and stocks, you know they are valuable but their value is not provided by their physical characteristics. Other intangible property include patents, software, licenses, copyrights and trademarks.

All of these can be extremely expensive, for example Microsoft is worth hundreds of billions and it sells digital ones and zeros.

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You own a portfolio that is 30 percent invested in Stock X, 20 percent in Stock Y, and 50 percent in Stock Z. The expected retur
Charra [1.4K]

Answer:

11.2%

Explanation:

We need to calculate the weighted return of the portfolio. You have to multiply each stock's weight by the expected return.

  • Stock X = 0.30 x 9% (expected return) = 2.7%
  • Stock Y = 0.20 x 15% (expected return) = 3%
  • Stock Z = 0.50 x 11% (expected return) = 5.5%
  • weighted return of the portfolio = 2.7% + 3% + 5.5% = 11.2%

6 0
3 years ago
Wickland Company installs a manufacturing machine in its production facility at the beginning of the year at a cost of $117,000.
zhannawk [14.2K]

Answer:

$11,400

Explanation:

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

( $117,000 - $3,000) / 10 = $11,400

the straight line depreciation method allocates the same depreciation expense for each year. so, the depreciation expense would be $11,400

8 0
4 years ago
Milo is the owner of a sporting goods store that has only been open for three months. The holiday season is coming up, and Milo
Arada [10]

1. If Milo should try to sue Jess, the court will decide that

  • that the parties had a contract, but the damages could not be ascertained because the hourly rate and number of hours had not been determined.

2.  Yes, Sylvia will have to pay Sarah for painting the store, even though she did not verbally agree to the contract.

3. The store manager is most likely to explain to Arlene here that  the advertisement is a valid offer, and the store must honor the price in the advertisement.

<h3>What is a business contract?</h3>

A contract can be referred to as business arrangements. They are very enforceable in the case of a breach by a court of law.

A business contract usually makes specifications concerning when a business would be done, the completion, and the payment for the goods and services rendered.

One has to fully understand the terms of a contract before they go ahead to sign documents.

Read more on contracts here: brainly.com/question/984979

6 0
3 years ago
Review Questions
cupoosta [38]
Answer to question 1= it is different because on a news paper it is written and typed , on a TV u don't have to read instead u can just watch.
4 0
3 years ago
The development policy based on encouraging economic growth via exports of goods and services, usually starting with light manuf
evablogger [386]

Answer:

Export led growth

Explanation:

Export led growth

Export led growth is a business strategy used by developing countries in order to export goods that selling consist of major advantages to economy.

Export led growth is sometimes  defined as export led industrialization that aim to expand industrialization process not in same country but in foreign country too.

The countries that inherit the export led growth are Singapore, china, Vietnam etc. They have high trade-GDP ratio which evaluate total trade value with respect to GDP.

4 0
3 years ago
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