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evablogger [386]
2 years ago
13

You go to a flea market and buy a used color TV set for $100. One day you receive a notice that the owner of the TV, which had b

een stolen from her house and sold by the thief at the flea market, wants the set back. She says if you do not return the TV she will sue you for:
a. conversion, and probably win even though you did not know the set was stolen
b. fraud, and probably win even though you did not know the set was stolen
c. conversion, and probably lose because you did not know the set was stolen
d. fraud, and probably lose because you did not know the set was stolen
e. theft, and probably lose because you did not know the set was stolen
Business
1 answer:
enyata [817]2 years ago
8 0

Answer:

In a situation when

You go to a flea market and buy a used color TV set for $100. One day you receive a notice that the owner of the TV, which had been stolen from her house and sold by the thief at the flea market, wants the set back. She says if you do not return the TV she will sue you for:

a. conversion, and probably win even though you did not know the set was stolen

Explanation:

Seeing for Conversion is when a person claims that you stole property from him or her. It is the equivalent of theft charges. Prosecutors are the ones that have to bring justice to these kinds of situations, and they can be carried out in small local courts or by the retirement of an attorney to follow the case. Nevertheless, if the person is found innocent, the accused can sue for damages.

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An apprentice involves _____
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the answer is a

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5 0
2 years ago
Records at Hal’s Accounting Services show the following costs for year 1. Direct materials and supplies $ 40,000 Employee costs
ruslelena [56]

Answer:

See answers below

Explanation:

a. Direct materials & supplies  $40,000 = $40,000 × 110%

= $44,000 × 20,000/25,000

= $35,200

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= $3,045,000 × 20,000/25,000

= $2,346,000

Variable overhead = $600,000 × 100%

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6 0
3 years ago
Sheffield Corporation incurred the following costs in 2020. Cost of laboratory research aimed at discovery of new knowledge $145
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Credit Cash $477,000

Explanation:

The journal entry simply refers to the recording of transactions that a company makes and it should be noted that the total amount that's gotten in the debit column must be equal to the total amount that us gotten in the credit column.

Based on the information given in the question, the journal entry for Sheffield Corporation will be:

Debit Research and Development expense $477,000

Credit Cash $477,000

8 0
2 years ago
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