According to the Uniform Commercial Code's interpretation of an open quantity term, if the quantity term is left open in a contract for the sale of goods courts generally have no basis for determining a remedy.
<h3>What do you mean by Uniform Commercial Code?</h3>
The uniform Commercial code states that a sale consists of the passing of title from the seller to the buyer for a price.
According to the Uniform Commercial code's interpretation of an open quantity term, if the quantity term is left open in a contract for the sale of goods, courts have no basis for the determination of remedy.
Learn more about uniform commercial code here:
brainly.com/question/8476938
#SPJ1
Answer:
e. $5,000.
Explanation:
To calculate deductible investment interest expense, we have to know the followings:
- total investment income for investments
- total investment interest expenses (for loans used to purchase taxable investments)
As IRS guided, if the expenses are less than net investment income, the entire investment interest expense is deductible; and if the interest expenses are more than the net investment income, we can deduct the expenses up to the net investment income amount. The rest of the expenses are carried forward to next year.
In this scenario, Clay have total $20,000 investment income from dividends on the stock and interest on the bond, while his interest expenses is $5,000 only, lower than less than net investment income.
So Clay's entire investment interest expense ~ $5,000 is deductible
Word processors are a quick and easy tool for creating a resume. Hence, Sana would use a word processing program to prepare her resume.
The first chance a potential employer has to determine whether you are qualified for a position is through your resume. Consider your resume as a self-promotional tool. It is a tool that makes it easier for you to make a good impression and that helps you get requested for significant interviews.
Your resume gives a brief overview of your education, achievements, talents, and employment history. It is a technique for you to demonstrate to potential employers your abilities as well as the knowledge and expertise you will bring to their business. A word processor can be used to format, produce, and alter a resume.
To know more about word processor refer:
brainly.com/question/2005847
#SPJ9
<span>A monopolistically competitive market could be considered inefficient because price exceeds marginal cost. A monopolistic competitive market is defined as imperfect </span>competition because there are many producers that sell products that differentiate from each other. Because these products differentiate between how they branded and their quality they are not able to be perfect substitutes for one another.
Answer:
$700
Explanation:
to calculate the amount of state income tax refund that must be included in the 2019 tax return we can use the following equation:
state income tax refund included in gross income = itemized deduction - standard deduction = $24,700 - $24,000 = $700
the rest of the refund = $1,800 - $700 = $1,100, should not be included in the 2019 gross income
