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storchak [24]
4 years ago
13

ack, the local farmer, grew various vegetables and fruit over the summer. He had a food stand that people could stop at for purc

hasing their fruit and vegetables. One day, Jackie stopped at the food stand and asked to purchase 5 bushels of tomatoes at $15 per bushel. She was planning on canning, and asked Jack if he would be willing to deliver the bushels to her house the next day. Jack agreed and Jackie paid him the money, Jack failed to deliver the bushels of tomatoes and did not respond to any of Jackie's calls. Jackie was forced to purchase her tomatoes from another farmer for $20 per bushel. She then sued Jack for breach of contract What amount may Jackie recover from Jack if she prevails in her lawsuit? o $20 O $15 O $75 O $100 O $25
Business
1 answer:
Anna007 [38]4 years ago
5 0

Answer:,S25

Explanation:

The sales agreement between Jack is and Farmer was for a consideration of S75, the consideration for the purchase of tomatoes from another farmer is S100, this invariably means Jackie has incurred an additional S25 to purchase the tomatoes than he will normally has paid for it. This sum of S25 his what she will get in a lawsuits.

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Question 2 of 8
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Answer:

This type of income is known as non-operating income in the financial statements

Explanation:

Non-operating income, as the world implies, is the income that a firm earns from activities that are not related to its main economic activity. An example would be a mall, whose main activity is the rental and management of commercial real estate, earning some income from short-term investments in the secondary market. This interest would be reported as non-operating income, and would be treated as such for financial, accounting, and tax purposes.

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3 years ago
With a regressive tax system, as the level of income increases in an economy, the average tax rate will: 
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Ostrovityanka [42]

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The correct answer to the following question is option B) decrease.

Explanation:

Regressive tax is that of tax which is imposed in such manner that when the income level in the economy increases , the average tax rate would decrease. This type of tax has heavy burden on the low income people as it takes high proportion of their income. So it can be said here that there is an inverse relationship between tax payer's ability to pay ( which can be measured in income , assets or consumption) and the tax rates imposed.

6 0
3 years ago
Which of the following selections effectively use the "you" view.
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The correct options would be B and D because the options were directed strictly to the receiver and no one else.

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In this question, you do not need the Net Operating Income (NOI). You only need the NOI if the Before Tax Cash Flow is not given and the debt service payment is. If this is the case, you subtract the debt service payment from the NOI to get the Before Tax Cash Flow.

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