An item of personal property that has been converted to real property. Even though it is attached to a structure, an item may be considered personal property rather than real property if: A. the owner originally intended to remove it after a period of time.
Any movable thing or intangible object of value that is able to being owned through someone and now not identified as actual belongings. personal belongings may be characterized as either tangible or intangible. Examples of exact non-public assets consist of motors, furnishings, boats, and collectibles. stocks, bonds, and financial institution bills fall underneath intangible personal belongings.
Movable assets on land (large livestock, for example) become no longer automatically sold with the land, it become "non-public" to the owner and moved with the proprietor.
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I think you would have to do math to find the answer\
I believe the answer is:
High school athletes stop shopping there.
The inventory of sports socks goes unsold.
High school athletes tend to need the type of shoes that help in their mobility and tend to posses high level of endurance. These characteristics do not exist in Dress shoes. When high school athletes stop buying their shoes on the store, the number of stocks in the inventories tend to stay stagnant since it could not find customers.
Answer:
D. A limited liability company because he will only be liable for what he has invested in the business. His personal assets will be protected, and he can be taxed like a sole proprietorship.
Answer:
$35,000
Explanation:
Given that
Insurance = $700,000
Sustained cost = $40,000
Replacement cost = $1,000,000
Policy = 80%
The computation of amount eligible for payment is as shown below:-
Insurance required = Cost of building × Co insurance
=$1,000,000 × 0.80
= $800,000
The amount eligible for payment = (Insurance Carried ÷ Insurance Required) × Loss
= $700,000 ÷ ($1,000,000 × 80%) × ($40,000)
= $700,000 ÷ $800,000 × $40,000
= 0.875 × $35,000
= $35,000
