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vredina [299]
3 years ago
6

steve Hammer and ron Howe gave Kevin Thompson possession of 150 heifers for grazing. Thomp- son was an order buyer—he bought cat

tle for people who wanted to buy them and tried to help sell cattle for people who wanted to sell them. Thompson sold the 150 heifers to roger Morris. Hammer and Howe sued. Thompson had purchased cattle in twenty-five transactions but made only six sales during the year prior to selling Hammer and Howe’s heifers. During the five months after that sale, Thompson made many purchases but only one sale. Morris alleged the sale to him was by a mer- chant who dealt in goods of the kind. was it?
Business
1 answer:
katrin2010 [14]3 years ago
6 0

Answer:

Yes, Mr. Morris was the ordinary course buyer but the sale done by Mr. Thompson cannot be allowed.

Mr. Thompson had sold off the heifers which were given to him for grazing. There was lack in putting liability in the subsequent buyer Mr. Thompson. When he was making sale of the heifers without keeping Mr. Steve and Mr. Rogers in the loop. He made the sale of the heifers without having the permission to transfer the ownership title .

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aleksandr82 [10.1K]

Answer:

The correct answer is letter "A": the social business environment.

Explanation:

The social business environment includes the society inhabitants' believes, customs, and lifestyles. It determines how businesses are handled in different regions worldwide. When it comes to low costs of labor, it might be beneficial for some companies that can open subsidiaries there to lower production costs but it also represents a struggle for some other firms because their products seem unreachable because of the low wages people earn.

7 0
3 years ago
The Morris Corporation has $350,000 of debt outstanding, and it pays an interest rate of 12% annually. Morris's annual sales are
Anni [7]

Answer:

TIE 2.47

Explanation:

\frac{EBIT}{InterestExpense} = $Times Interest Earned

Our first step will be calculate the interest expense

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Next, we need the EBIT which means Earnings Before Interest and Taxes.

Using the net profit margin of 3% we can get the net income

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We are going to apply this to Morris sales to get the net income

1,750,000 * 0.03 = 52,500

Now this include the interest and taxes, we need to get the Earning before those two concepts so:

\frac{NetIncome}{1-Tax Rate} + $Interest Expense = Earnings Before Interest and Taxes

52,500/(1-0.40)+42,000 = 87,500 + 42,000 = 129,500

Now we got everything needed for the TIE

129,500/52,500 = 2.47

3 0
3 years ago
If real GDP​ increases, A. the money demand curve shifts to the right. B. there is a movement down along a stationary money dema
qaws [65]

Answer:

A. The money demand curve shifts to the right.

4 0
4 years ago
Which of the following statements is most true of order-getting salespeople?
melisa1 [442]

Answer:they seek out possible buyers and sue an organized creative approach to present messages

Explanation:

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3 years ago
When a parent uses the equity method throughout the year to account for its investment in an acquired subsidiary, which of the f
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3 years ago
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