The company cannot compete with Dian in that territory under the duty of cooperation.
<h3>What is duty of cooperation?</h3>
Duty of cooperation can be defined as the way in which s company or an organization tend to cooperate with another company by working or carrying out the business transactions between them in unity.
Therefore based on the given scenario Curly Fries Inc. cooperated with Dian by not competing with Dian in that territory.
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Answer:
The broker is responsible for bearing the cost.
Explanation:
The licensees are responsible for paying the costs of legal document preparation even if the documents were prepared by an agent. The broker may delegate the work but the responsibility cannot be delegated, and it is their responsibility to pay for these costs.
The only exception to this rule can happen when the legal documents are prepared by an attorney that represents the parties involved in the transaction.
Answer:
$570.91
Explanation:
For computing, the amount pay today for the annual membership we just need to apply the present value formula i.e to be shown in the attachment
Provided that
Future value = $0
Rate of interest = 11% ÷ 12 months = 0.916666%
NPER = 12 months
PMT = $50
The formula is shown below:
= PV(Rate;NPER;PMT;FV;type)
So, after applying the above formula, the amount paid today for the membership is $570.91
It is to be noted that the following question below is about a Trial Balance. This is a type of reconciliation book in Financial Accounting.
<h3>What is a Trial Balance?</h3>
Please, note that the original worksheet is not attached, hence the general answer.
This, in financial accounting, refers to the statements or records of all credits and debits in a double-entry accounting book which includes all errors or disagreements between figures and accounts.
Usually, all debit and credit columns sums must and should be equal to show that the account has been balanced.
See the link below about Trial Balance:
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Answer:
Section 338 allows the corporation to purchase stock and retain the basis of assets. It also allows adjusting the basis for the assets. Under section 338 the, if the corporation sold its assets, the transactions related to sale will be subjected to double tax. Whereas, if the corporation cause liquidation for the target asset's and then undergo for a sale is subjected to single tax.