There is a problem with the question, the word void should not be there. A void agreement is simply not enforceable since it is not valid. So I will assume that they both reached a valid agreement and it was a typing mistake.
Answer:
a. True
Explanation:
If two (or more) parties engage in a valid contract that includes certain specific conditions that are necessary in order to complete performance, and these conditions are met by one of the parties, then the other party must perform their part. In other words, if James performed all the conditions that were included in their contract, then Kamanda should hand over the toaster to James.
Helena works at a paper mill. She has just blocked a proposal from a consultant that would involve cutting down a few additional acres of forest. She gave the reason that, as of that time, the company needed to reforest another area when they cut down a forest-<u>She has displayed Environmental Conservation concept of CSR</u>
Explanation:
Their are four types of Corporate Social Responsibility
1) philanthropy
2)environment conservation
3) diversity and labor practices
4) volunteerism
In the question we can see that Helena has just blocked a proposal that requires cutting down of forest since cutting down of trees in one area requires reforesting in another area .
Thus we can say that Helena <u>has displayed Environmental Conservation concept of CSR</u>
Answer:
The correct answer is letter "C": A sale.
Explanation:
Factoring with recourse implies a company selling unpaid accounts receivable to a third party. This is done so the firm can generate cash advances. The third party, called the factoring company, takes care of the collection of the debt charging the firm a commission based on each invoice collected.
<em>When a firm sells its account receivables to a factoring company, the firm records the transaction as a sale.</em>
In a 2 for 1 stock split, par
value and market value will be 1/2 of what they were prior to the split and
number of shares will be two times what it was.
So,
par value will be 6 x 0.5 = $
3.00
market value will be 25 x 0.5
= $ 12.50
number of shares 8,000 x 2 will be
16,000 shares
Answer:
$1,330
Explanation:
According to the LIFO method, the last inventory in should be the first out. That is, the units purchased at the 22nd should be the first sold, followed by the ones purchased at the 7th and then by the beginning inventory on July 1st.
The number of units sold during July is:
Using LIFO, the amount allocated to those goods should come from 10 units at $23 and 55 units at $20:
Therefore, the amount allocated to cost of goods sold for July is $1,330.
None of the alternatives provided are correct.