(A) The skills required to deal with the issue is to computer and research skills and communication skills.
(B) One should resolve the complaints by using the Complaint Register.
<h3>What is the meaning of contract?</h3>
Contract refers to the agreement between the two people or more under the eyes of the law. The agreement made should have the legal consideration and should be enforceable by the laws.
The skills needed to be employed are as follows:-
- Knowledge of computers and research techniques to locate relevant legislation for your problems;
- Effective communication abilities to speak with the vendors and your employer.
- Complaint resolution processes (using the Complaint Register).
This is something the principle should think about:
- The Property and Stock Agents Act of 2002 considers it a violation of trust;
- Non-disclosure in order to receive a benefit;
- Form 49 and Section 55 MUST be completed;
- The vendor should not suffer as a result of working with your company;
- Up to two years in prison and a fine of $29,313 can be imposed as penalties for violating Section 55.
- The estate agent may also be ordered by a court to repay any commission they received from the vendor.
Learn more about Complaint Register here:
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Answer:
$40,500
Explanation:
The computation of the amount of Bad Debt Expense recognized during the year is shown below:
Bad debt expense = Accounts Receivable - Net of Allowance - credit balance in allowance for doubtful accounts before adjustment
= $560,000 - $489,000 - $30,500
= $40,500
All other information i.e given in the question is not relevant. Hence, ignored it
Answer:
B. $0
Explanation:
he transaction between Lin and Zee appears to be a conditional sale. The reason being that zee hardware has the right to return the machine if unable to resell it. According to their agreement, should Zee hardware return the machine, its obligation to Lin will be zero.
As per Lin's assessment, and based on their previous transactions, the probability of Zee returning the machine is very high. Lin is sure that Zee hardware will not sell the machine. For this reason, Lin should not record the transactions as a sale.
Answer:
Continue to support the team's decision on sizing.
Explanation:
Before rolling out a product by a company, there is what is called user story which is usually being deliberated by the product team. The purpose is to ensure that the specifications as contained therein is in line with what customers wanted and same is well understood by the parties involved before rolling out the product.
A product owner who feels the team is wasting time has no option than to support the team's decision on point sizing because she is a member of the team. Moreover, the team has to come up with the best user story after point sizing and deliberation.
Also, as a product owner who is also part of the product team; they are known to be team oriented hence must continue to support whatever decision that is made by the team.
Answer:
She will report an interest income of $1,827 for this year.
Explanation:
The yield to maturity is 6%. However, the interest on the bond is compounded semi-annually. Therefore, we need to calculate the interest income for either semi-annual period and then sum the two incomes.
Interest income for first semi-annual period
= $30,000 x 0.06 x 6/12
= $900
Interest income for second semi-annual period
= ($30,000 + $900) x 0.06 x 6/12
= $30,900 x 0.06 x 6/12
= $927
Interest income for the year
= $900 + $927
= $ 1,827
