1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
alex41 [277]
3 years ago
13

On December 5, 2017, the Tursis defaulted on their promissory note to the Green Mountain Inn. On June 11, 2017, PP, Inc., former

ly Green Mountain Inn, Inc., brought an action against the McGuires to recover on the note held as security for the Tursis' promissory note. Discuss whether the instrument is negotiable.
Engineering
1 answer:
leva [86]3 years ago
5 0

Answer:

The note in this question is not an instrument that is negotiable under Article 3 of the U.C.C. Furthermore, it is not payable at any given time on demand due to the fact that principal repayment is not covered at a specified period of time. It shows that the acceleration clause is viable for the payment of the amount upon the default of the maker. This is also for an indefinite period of time.

Explanation:

The note in this question is not an instrument that is negotiable under Article 3 of the U.C.C. Furthermore, it is not payable at any given time on demand due to the fact that principal repayment is not covered at a specified period of time. It shows that the acceleration clause is viable for the payment of the amount upon the default of the maker. This is also for an indefinite period of time.

You might be interested in
Click this link to view O*NET’s Wages and Employment section for Film and Video Editors.
vova2212 [387]

Answer:

much faster than average

Explanation:

did it on edge (2022-2032)

6 0
2 years ago
Do YOU have big brain?
KatRina [158]

Answer:

The average adult brain is about 15 cm and weighs from 1300 to 1400 grams. So around 3 pounds

So not yet, im not an adult yet

5 0
2 years ago
Read 2 more answers
Discuss in detail the following methods used to redistribute income and wealth in cash grants?​
aev [14]

Answer:

Redistribution of income and wealth is the transfer of income and wealth (including physical property) from some individuals to others through a social mechanism such as taxation, welfare, public services, land reform, monetary policies, confiscation, divorce or tort law.

-The term typically refers to redistribution on an economy-wide basis rather than between selected individuals.

Interpretations of the phrase vary, depending on personal perspectives, political ideologies and the selective use of statistics.

-It is frequently heard in politics, usually referring to perceived redistribution from those who have more to those who have less. Occasionally, however, it is used to describe laws or policies that cause opposite redistribution that shift monetary burdens from low-income earners to the wealthy.

-

The phrase is often coupled with the term class warfare, with high-income earners and the wealthy portrayed as victims of unfairness and discrimination.

-

Redistribution tax policy should not be confused with predistribution policies. "Predistribution" is the idea that the state should try to prevent inequalities from occurring in the first place rather than through the tax and benefits system once they have occurred. For example, a government predistribution policy might require employers to pay all employees a living wage, not just a minimum wage, as a "bottom-up" response to widespread income inequalities or high poverty rates.

Many alternate taxation proposals have been floated without the political will to alter the status quo. One example is the proposed "Buffett Rule", which is a hybrid taxation model composed of opposing systems, intended to minimize the favoritism of the special interest tax design.

7 0
2 years ago
Koch traded Machine 1 for Machine 2 when the fair market value of both machines was $60,000. Koch originally purchased Machine 1
Mariana [72]

Answer:

Koch's adjusted basis in machine 2 after the exchange is $60,000

Explanation:

given data

fair market value = $60,000

originally purchased Machine 1 = $76,900

Machine 1 adjusted basis = $40,950

Machine 2 seller purchase = $64,050

Machine 2 adjusted basis = $55,950

solution

As he exchanged machine for another at $60,000

and this exchanged in fair market

so adjusted basis =  $50,000

Adjusted basis is the price of the item that affects the factors that are considered price. These factors usually include taxes, depreciation value, and other costs of acquiring and maintaining a given item. Adjusted basis is important so the right amount to sell

Adjusted basis increases when a person deducts expenses from factor taxes and operating statements

so Koch's adjusted basis in machine 2 after the exchange is $60,000

3 0
2 years ago
Martha has been running a small business for two years. She now seeks additional investment to finance her business. She has fou
Dafna11 [192]

Answer:

The correct option is B) Balance Sheet

Explanation:

A Balance Sheet offers a description of a company's obligations, assets, and investments as well as net income over a given span of time such as a period of 6 months or 12 months, for instance.

Also known as the Statement of Financial Position, it contains sufficient information for investors and business owners to determine the company's financial performance in that period as well as to compare the performance of that company with industry norms or competition.

Cheers

8 0
2 years ago
Other questions:
  • 1) Pareto charts are used to: A) identify inspection points in a process. B) outline production schedules. C) organize errors, p
    6·1 answer
  • A car engine with a thermal efficiency of 33% drives the air-conditioner unit (a refrigerator) besides powering the car and othe
    15·1 answer
  • We would like to measure the density (p) of an ideal gas. We know the ideal gas law provides p= , where P represents pressure, R
    15·1 answer
  • For a bronze alloy, the stress at which plastic deformation begins is 297 MPa and the modulus of elasticity is 113 GPa. (a) What
    7·1 answer
  • What are atomic bombs made out of <br> Just wondering
    10·1 answer
  • A student lives in an apartment with a floor area of 60 m2 and ceiling height of 1.8 m. The apartment has a fresh (outdoor) air
    14·1 answer
  • What are the specifications state that all work shall be done?
    10·1 answer
  • A force is a push or pull in A.a circle B.an arc C.a straight line
    6·1 answer
  • Deviations from the engineering drawing cannot be made without the approval of the
    15·2 answers
  • Which explanation best summarizes what went wrong during Paul’s cost analysis?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!