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Tanya [424]
3 years ago
7

Which of the following statements is true of the rights of an assignee to a contract? An assignee cannot be assigned the rights

to a contract if the assignment decreases the obligor's risk or duties. An assignee is well-protected against any defenses for nonperformance the obligor may plan to raise. An assignee cannot decline an assignment under any circumstance. An assignee cannot be assigned the rights to a contract when the contract is personal in nature.
Business
2 answers:
Alexus [3.1K]3 years ago
8 0
  1. Answer:

Explanation:

hsbsjbhcbjj\\x^{2}

ser-zykov [4K]3 years ago
6 0

Answer:

The following statement is true:

An assignee cannot be assigned the rights to a contract when the contract is personal in nature.

Explanation:

In case the contract is personal in nature the rights to a contract cannot be assigned. Personal contract means the obligated party has promised something specific to the person receiving it. Third parties in such situations cannot legally become the recipient unless payment is the only part of a contract left to be fulfilled.

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Victor Mineli, the new controller of Blossom Company, has reviewed the expected useful lives and salvage values of selected depr
rewona [7]

a. Based on the information given the revised depreciation is:

Building     $1,250

Warehouse $5,993

b. Debit Depreciation expense $13,375

Credit Accumulated depreciation-Building  $13,375

a. Victor Mineli Revised depreciation

Revised depreciation for Building

Building= ($700,000-$129,900-$35,100)/40

Building= $535,000/40

Building=$13,375

Revised depreciation for Warehouse

Warehouse=($115,000-$22,100-$3,000)/15

Warehouse =$89,900/15

Warehouse=$5,993

b. Journal entry

Debit Depreciation expense $13,375

Credit Accumulated depreciation-Building  $13,375

Learn more here:

brainly.com/question/14278419?referrer=searchResults

8 0
3 years ago
A city council designates funds in the enterprise fund for future equipment replacement. The enterprise fund should report this
Ivanshal [37]

Answer: An unrestricted component of net position

Explanation:

Fund balances can be committed, restricted, assigned, and unassigned. The designation of city council has no right to restrict funds.

A restriction of fund can only be imposed through legislation, constitution, or external resource providers, and not by the designation by the city council. In this case, funds would be unrestricted.

6 0
4 years ago
Rojas Corporation’s comparative balance sheets are presented below.
krek1111 [17]

Answer:

Excerpt from Duty, Honor, Country / Every Man a King

General Douglas MacArthur / Huey P. Long

Duty, Honor, Country / Every Man a King

By: General Douglas MacArthur / Huey P. Long

 

Explanation:

6 0
3 years ago
Who do you think has the least<br> influence? Why?
tatuchka [14]

Answer:

good stuff

Explanation:

people these days (including me sometimes) put more energy into bad things and negative things .and its partly social media's fault.

3 0
3 years ago
Find the breakeven point, given the following data:
tekilochka [14]

The formula to find profit is

q \: (p - vc) - fc = \pi

where, q refers to quantity of output in units, p is the price per unit of output, vc is the variable cost per unit of output, fc is fixed cost and pi is profit. At the breakeven point profit is equals to zero, therefore:

q(10.5 - 2.5) = 7 0000 \\ q =  \frac{70000}{(10.5 - 2.5)}  \\ q = 8750 \: units

When we minus the variable cost from the price, this gives us the "contribution", which refers to the portion of the price of each unit sold that can cover the fixed cost. At the breakeven point, profit is zero because the business sell the amount that is just enough to cover their fixed cost, without making any loss or profit.

Hope this helps!

8 0
4 years ago
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