Answer:
c. $24,000
Explanation:
The computation of sale by partnership is shown below:-
The pre-contribution gain allocated to Tina = Fair market value - Adjusted basis
= $80,000 - $60,000
= $20,000
Gain on sales = Partnership to an unrelated third party - Fair market value
= $90,000 - $80,000
= $10,000
Tina partnership interest is 40 % of $10,000
= $4,000
Sale by partnership = pre-contribution gain + Tina partnership
= $20,000 + $4,000
= $24,000
Therefore for computing the sale by partnership we simply applied the above formula.
According to the research, the transfer of the right of recovery from the insured to the insurance company is called <u>Subrogation</u>.
<h3>What is s
ubrogation?</h3>
It consists of changing the debtor or the lender in a financing, which produces a delegation or a succession of duties.
It is linked to subrogating a legal or natural person for another, replacing it, modifying the contract in terms of fulfilling an obligation or exercising an attribution.
Therefore, we can conclude that according to the research, the transfer of the right of recovery from the insured to the insurance company is called <u>Subrogation</u>.
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let it be known they did good or let them know they did wrong
That statement is False
Even though is true that export supply is a portion of the domestic supply, but the moment there's an export of products, the curve will curve above the no-trade equilibrium price ( which only stated the equilibrium price when there's no international trade)
The management is first assumed to desire to produce as much output as possible in order to maximize profit. Another supposition is that the company may improve output by employing more input and that higher output equates to more profits.
<h3>
What are the production possibilities, frontier model?</h3>
The graph known as the Production Possibilities Frontier (PPF) illustrates all the possible output combinations of two items that can be created with the resources and technologies currently in use. The PPF effectively expresses the ideas of choice, tradeoffs, and scarcity.
Frontier of Assumptions for Production PPF's first presumption is that the current technology setup or infrastructure will not change. The second presumption is that it only compares two goods or services that make use of the same resources.
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