1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
frosja888 [35]
3 years ago
15

Garth’s Distributing contracted with Wally Co. to sell it bottled water for $20,000. The contract is silent about assignments. G

arth’s owed $18,000 to Zeta Corp., so after Garth’s delivered the bottled water to Wally, Garth’s assigned to Zeta all of its rights to receive money under the bottled water contract with Wally. Zeta informed Wally of the assignment and demanded that Wally make the payment. If Wally refuses to pay Zeta and Zeta sues Wally, then____________________.
A. Wally prevails because it did not give permission for the assignment
B. Wally prevails because the assignment is for an amount more than the amount that Garth owed Wally so is against public policy
C. Zeta prevails because assignments like this are generally valid
D. Zeta prevails, but only if the assignment is signed and in writing
Business
1 answer:
soldier1979 [14.2K]3 years ago
4 0

Answer:

D. Zeta prevails, but only if the assignment is signed and in writing

Explanation:

Zeta prevails but only if the assignment is in writing and is signed.

If the assignment is express thereby and is signed by the parties in contract , then zeta can demand the amount from willy. Without any written consent and permission , willy cannot enforce the payment to zeta.

This is the best option in this case .

You might be interested in
On February 15, Jewel Company buys 7,300 shares of Marcelo Corp. common stock at $28.56 per share plus a brokerage fee of $400.
andriy [413]

Answer:

A. Debit Cash $8,614; credit Dividend Revenue $8,614.

Explanation:

The journal entry for recording the dividend as on April 15 is shown below:

On April 15

Cash Dr (7,300 shares × $1.18 per share) $8,614

       To Dividend revenue $8,614

(Being the dividend is recorded)

For recording this here we debited the cash as it increased the assets and credited the dividend revenue as the revenue is also increased

Therefore the correct option is A.

4 0
3 years ago
A food manufacturer reports the following for two of its divisions for a recent year.
hram777 [196]

Answer:

1. 13.8% and 14.6%

2. 13.6% and 16.5%

3. 1.01 times and 0.88 times

Explanation:

The computations are shown below:

1. Return on investment = Operating Income ÷ Average invested Assets

where, average invested assets would be

= (Invested assets, beginning + Invested assets, ending) ÷ 2

For Beverage Division, it would be

= $366 ÷ {($2,696 + $2,610) ÷ 2}

= $366 ÷ $2,653

= 13.8%

For Cheese Division, it would be

= $651 ÷ {($4,489 + $4,417) ÷ 2}

= $651 ÷ $4,453

= 14.6%

2. Profit margin = (Operating income ÷ sales) × 100

For Beverage Division, it would be

= ($366 ÷ $2,698) × 100

= 13.6%

For Cheese Division, it would be

= ($651 ÷ $3,942) × 100

= 16.5%

3. Investment turnover = Sales ÷ Average Operating Assets

For Beverage Division, it would be

= $2,698 ÷ {($2,696 + $2,610) ÷ 2}

= $2,698 ÷ $2,653

= 1.01 times

For Cheese Division, it would be

= $3,942 ÷ {($4,489 + $4,417) ÷ 2}

= $3,942 ÷ $4,453

= 0.88 times

7 0
3 years ago
If a client is moderately risk averse and has an investment objective of capital preservation, what types and allocation of inve
Elis [28]

I would recommend for this customer a mix of investment grade bonds and cash or cash equivalents.

An individual with an investment objective of capital preservation should be investing in a mix of investment grade bonds and cash or cash equivalents lower risk capital appreciation vehicles, such as large-cap common stock, should also be considered. The other choices noted are too risky for a risk-averse investor.

Fixed earnings is a funding method focused on the maintenance of capital and earnings. It commonly includes investments like government and corporate bonds, CDs, and cash marketplace finances. fixed income can offer a consistent stream of earnings with less risk than stocks.

Learn more about Investment here:-brainly.com/question/20159917

#SPJ4

6 0
1 year ago
Does retail storage with customer pick up pose any risk for distribution network?
sukhopar [10]

Inventory cost is higher than all other options. If there are many small players at the customer stage, each requiring small amount of the product at a time.

4 0
3 years ago
Suppose first main street bank, second republic bank, and third fidelity bank all have zero excess reserves. the required reserv
lbvjy [14]
<span>he deposits the money into his checking account at first main street bank is the answer</span>
4 0
3 years ago
Read 2 more answers
Other questions:
  • If your instructor advises you to use the keys at the top of your keyboard that are identified by the letter f and then a number
    15·1 answer
  • A factory produces gadgets that have two key parts. The factory can employ workers to attach those parts, or it can employ robot
    11·1 answer
  • A friend tells you that they cannot afford to pay fof the standardized tests that needs to be taken to apply for college and mil
    13·2 answers
  • How does specialization affect an economy more efficient?
    14·1 answer
  • Daniel sells medical equipment, and he has been advised to contact the comptroller at the Cedar Bluff Public Hospital because th
    11·1 answer
  • A financial account that allows you to withdraw and deposit money using a check, debit card or ATM card is a _______ account.
    12·1 answer
  • Logan owns a horse ranch. Logan dislikes horses, but he opened the ranch because he heard it was a lucrative business and he wan
    9·1 answer
  • I purchased my home for $297,000 in 2015. Today it is worth approximately $520,000. What has my compounded annual rate of return
    7·2 answers
  • Thanks to our group's ________________, we were able to accomplish all our goals. a. detail-oriented structure b. reaction-orien
    13·2 answers
  • Which choice is the best reason savings accounts are usually NOT the best
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!