The only action that cannot be take is the corporation can file a lawsuit against her.
c. the corporation can file a lawsuit against her.
<u>Explanation:</u>
Here Arianna cannot file a lawsuit against the compnay because the company is not at fault but Arianna is. She committed an Ultra Vires act and hence cannot file a lawsuit against the company for a reimbursement. The company didn't had any idea about her actions and she didn't inform.
The key is to have the documentation demonstrating the individual was liable for the damage or harms that happened. Along these lines, truly, you can truly sue for about any explanation if your case meets the best possible criteria.
Explanation:
The journal entry is shown below:
Accounts Payable A/c Dr $8,300
To Cash A/c $8,140
To Merchandise Inventory A/c $160 ($8,000 × 2%)
(Being the purchase of merchandise is recorded)
The computation is shown below:
For account payable
= $10,000 + $300 - $2000
= $8,300
For cash account
= $8,300 - $160
=$8,140
Mountains were steep and little level for framing. The land around T town were something
Answer:
The grandchild will receive at least $140,000 per year.
Explanation:
Because the principal of the trust is not distributed as stipulated in the trust agreement, the only income source from the trust fund is its interest income earned on trust principal.
The interest rate is given to be at least 7% per year, so we have the minimum income the grandchild receives each year will be calculated as:
Principal of trust fund x Minimum interest rate earned from trust = 2,000,000 x 7% = $140,000.
So, the answer is $140,000.