The statement in regards Candy is that Maryann is incorrect because general damages would be presumed. Thus the correct option is (D).
<h3>What are General Damages?</h3>
Damages that inevitably and directly result from a contract breach. Or, to put it another way, those losses that, in a perfect world, every damaged party would sustain is known as the General Damages.
As per the above situation, Candy is suffering from the loss of the reputation due to the Maryann actions against her for writing the editorial and spreading the wrong news about her saloon.
Candy is the subject of the claim, and Maryann is mistaken since general damages would be assumed. hence, the appropriate choice is (D).
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Answer:
there is capital recovery of share by $1
Explanation:
given data
share = 100
pays = $40 per share
market price = $60 per share
dividend = $4 per share
taxable = $3 per share
nontaxable dividend = $1 per share
to find out
tax effects of these events
solution
we know that Reported as gross income and does not effect basis of stock i.e $3
and basis of the stock is reduces by non taxable dividend that is also excluded from the gross income that is
gross income = $1 × 100 share
gross income = $100
so that
finally the adjusted basis in stock is $40 - $1
adjusted basis in stock is $39
so that It is reduced because
there is capital recovery of share by $1
Answer:
Franchisee
Explanation:
A franchise business is a form of business arrangement where a business owners , who is known as the franchisor , sells the right to operate its business to another entity known as the Franchisee.
This business arrangement is legally binding an it gives right to the use of the business name , logo ,and model to third party retail outlet.
This explains the type of business arrangement that Sana is planning , considering the explanation given in the question.
