Answer:
b) false
Explanation:
This could be considered a bilateral and executory contract because both parties agreed to perform and exchange consideration in the future (in this case, Saturday). But it cannot be considered an implied contract.
E.g., an implied contract happens when you enter a movie theater and a commercial relationship is established where the movie theater must allow you to see a movie and you must pay your ticket for doing so. The same applies for other public places restaurants, theme parks, etc.
But in this case, Valerie's house is not a place where any person is free to attend. You cannot just go into Valerie's house and start cleaning so that she pays you $50.
Implied contracts might also result from previous performances, e.g. Teresa cleans Valerie's house every Saturday for almost 2 years now. The past performance might result in an implied contract, but this wouldn't be the case here either.
Answer:
$108
Explanation:
The computation of the taxable income is shown below:
= Pre accounting income + Overweight fines (not deductible for tax purposes) + depreciation expenses - depreciation in the tax return using MACRS
= $150 + $5 + $65 - $112
= $108
We simply added the overweight fines, and depreication expenses and deduct the deprecation in the tax return to the pre accounting income so that the taxable income could arrive
Plus we ignored the applicable tax rate i.e 25%
Answer: Ponzi Scheme.
Explanation:
The Organisation described in the question is making use of Ponzi Scheme for their clients. A Ponzi scheme is a fraudulent form of business where initial investors are paid by later investors. The scheme promises abnormally high returns from investments within a short period, with some investors ending up losing their investments.
If the merge happens, shareholders of both companies will have a stake in the new one.
Merger announcements will specify what percentage of the combined company each group of shareholders will own based on the deal's terms. Shareholders whose shares are not exchanged will find their control of the larger company diluted by the issuance of new shares to the other company's shareholders.
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After implementing a solution to a given work-related problem, the manager should EVALUATE THE OUTCOME OF THE SOLUTION.
The evaluation of the chosen solution is very important, it is needed to determine whether the solution chosen effectively take care of the problem or not. The evaluation process examines the effectiveness of the solution. <span />
