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3 years ago

A ___________ jury is one whose members are irreconcilably divided.

1 answer:

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A hung jury is one whose members are irreconcilably divided.
In hung jury the members are irreconcilably divided in their opinions that they cannot reach a verdict (a formal decision that was made by the jury) or we can say that they can't concur upon a decision after stretched out thought and can't achieve the required unanimity or super-majority, hung jury is also known as deadlocked jury.

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Drawing on material in the chapter and your own research, prepare a paper describing your views on the major social and legal is

atroni [7]

Answer: Online Sales Taxes

Explanation:

Taxes has grown much bigger for most online retailers, when the like of Amazon started selling products online they were not billed to pay tax, those taxed then where companies who had a building(structure) but now online stores are now subject to taxes.

Some of the tax are much that it affects sellers who are not able to break even and make profit, especially when they don't meet targets they've set for themselves.

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3 years ago

____________ include veteransâ€™ payments, welfare, and social security payments..

zvonat [6]

Answer:

Statement of Payments

Explanation:

Statement of Payments include veteransâ€™ payments, welfare, and social security payments..

Social Security Benefits are payments made to qualified retirees, disabled persons, to their spouses, children and survivors etc.

A statement of payments is usually submitted with income tax return to receive the Senior Citizens'€™ Exemption.

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3 years ago

Suppose Frank owns a vintage Porsche in mint condition. He agrees to sell it to Smith, but the night before the parties are to e

Korvikt [17]

Answer:

This is a situation arising from objective impossibility.

Explanation:

The contract was made for mint condition of car. The car damaged while it was with Frank. Thus, parties are thus discharged from their obligations under the contract.

6 0

3 years ago

Read 2 more answers

What is the new fourth sector of the economy

Naddik [55]

information technology

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3 years ago

Ivanhoe Windows manufactures and sells custom storm windows for three-season porches. Ivanhoe also provides installation service

Anna71 [15]

Answer:

Ivanhoe Windows

a. Journal Entries:

September 1, 2020:

Debit Cash $1,920

Credit Sales Revenue $1,920

To record the sale of windows to Geraths.

Debit Cost of goods sold $1,120

Credit Inventory $1,120

To record the cost of goods sold.

October 15, 2020:

Debit Cash $450

Credit Installation Revenue $450

To record the completion of installation service.

b. Journal Entries:

September 1, 2020:

Debit Cash $1,920

Credit Sales Revenue $1,896

Credit Unearned Revenue $24

To record the sale of windows to Geraths.

Debit Cost of goods sold $1,120

Credit Inventory $1,120

To record the cost of goods sold.

October 15, 2020:

Debit Cash $450

Debit Unearned Revenue $24

Credit Installation Revenue $474

To record the completion of installation service.

c. If Geraths is unable to develop a reliable estimate for the fair value of the installation:

Journal Entries:

September 1, 2020:

Debit Cash $1,920

Credit Sales Revenue $1,920

To record the sale of windows to Geraths.

Debit Cost of goods sold $1,120

Credit Inventory $1,120

To record the cost of goods sold.

October 15, 2020:

Debit Cash $450

Credit Sales Revenue $450

To record the completion of installation.

Explanation:

a) Data and Calculations:

July 1, 2020, Contract Price = $2,370

Standalone selling price of window = $1,920

Cost of the window = $1,120

Standalone selling price of installation service = $590

Attributed selling price of installation service = $450 ($590 = $140)

b) Estimated standalone value of the installation = estimated cost + 20% on cost

= $400 + 20% = $480 ($400 * 1.2)

Separate performance values:

Sale of window = $1,920 = $1,896 ($1,920/$2,400 * $2,370)

Installation = 480 = 474 ($480/$2,400 * $2,370)

Total = $2,400 = $2,370

c. If Ivanhoe Windows is unable to develop a reliable estimate for the fair value of the installation, both payments received will be attributed to the Sales Revenue without identifying separate performance values.

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3 years ago