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2 years ago

A buyer defaulted some time ago on a written contract to purchase a seller's real estate. Can the seller sue for damages?

Business

1 answer:

padilas [110]2 years ago

4 0

Answer:

Yes, if statute of limitation allows.

Explanation:

A seller can sue the buyer because the buyer defaulted some time ago on a written context as long as the statute of limitation allows. Statute of limitation is a law which is normally passed by the legislation which limits a person to sue a client. So, yes a seller can sue the buyer if the seller is not prohibited according to the statute of limitation.

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How technological change affect retail business industry?

Vikki [24]

Shopping in store can now be faster and more convenient through frictionless checkout experiences and automated stores, items can be delivered faster and cheaper through microfulfillment centers and the quality of customer experiences can be improved through robotics and immersive experiences.

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2 years ago

Use the drop-down menus to analyze the writing prompt. Format: Examine a Centers for Disease Control advertising campaign that p

Wewaii [24]

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5 0

1 year ago

Read 2 more answers

Statement of cash flows

likoan [24]

Answer:

Palmetto Statement of Cashflows

<u>For the Year Ended December 31, 2013 </u>

Cashflow from Operating Activities

Net Cashflow from Operaing Activities $15,600

Cashflow from Investing Activities

Net Cashflow from Investing Activities ($23,000)

Cashflow from Financing Activities

Net Cashflow from Financing Activities ($4,500)

Net Increase (Decrease) <u>($11,900)</u>

Add: Beginning of Period Cash balance $32,000

Ending Cash Balance <u>$20,100</u>

b. Operating Cash flow relates to the normal business operations of the business. A Net Cash Inflow from this therefore means that the business made a profit from its normal operations of selling fast food during 2013.

c. Investing Activities relate to transaction involving Fixed Assets as well as the stocks and bonds of other companies. The Net Cash flow was probably caused by Palmetto buying more Fixed Assets than they disposed of in the year 2013.

d. Financing activities relate to how the business is financed in terms of Equity and debt. The payments of Dividends therefore fall under here as they relate to Equity. A net cash outflow here therefore probably means that Palmetto paid out dividends to shareholders. They might have also repaid some loans but judging by how small the outflow is, the loans were either small or it was only dividends that were paid out.

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3 years ago

kristen and harrison are equal partners in the kh partnership. the partners formed the partnership 5 years ago by contributing c

Sauron [17]

Answer: Harrison will acknowledge a gain equal to the difference between his basis and the distribution . This is because he receives only money in the distribution and the amount transcend his basis in KH. He further allot his entire basis in KH to the basis in the money received resulting in $0 basis in KH after the distribution.

∴ <em>The capital gain will be $6000 i.e. (50000 - 44000) and $0 basis.</em>

4 0

2 years ago

Miller Company’s contribution format income statement for the most recent month is shown below: Total Per Unit Sales (37,000 uni

inn [45]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Total Per Unit Sales (37,000 units at $6) $ 222,000

Variable expenses 111,000 ($3.00)

Contribution margin 111,000 ($ 3.00)

Fixed expenses 41,000

Net operating income $ 70,000

1) sales increase by 12%

Income= contribution margin* 1.12 - fixed expenses= 111,000*1.12 - 41,000= 83,320

2) selling price decreases by $1.30 per unit and the number of units sold increased by 19%.

Income= (37000*1.19)*(4.7-3) - 41,000= 33,851

3) the selling price increases by $1.30 per unit, fixed expenses increase by $6,000, and the number of units sold decreased by 7%

Income= (37000*0.93)*(7.30-3) - 47000= $100,963

4) the selling price per unit increases by 20%, variable expenses increase by 20 cents per unit, and the number of units sold decreased by 13%

Income= (37000*0.87)*(7.2-3.2) - 41000= $87,760

8 0

3 years ago