Answer:
According to the Uniform Commercial Code's rule, when forms are not exchanged, acceptance cannot materially vary from the offer
Explanation:
Then UCC code was established because it was becoming increasingly difficult for companies to transact business across state lines given the various state laws.
The Uniform Commercial Code (UCC) is important since it helps companies in different states to transact with each other by providing a standard legal and contractual framework.
According to the Uniform Commercial Code's rule,
- Firm offers (offers to buy or sell goods and promising to keep the offer open for a period of time) are valid without only when it is signed by the offeror.
- An offer to buy goods for shipment invites acceptance by either prompt shipment or a prompt promise to ship.
Therefore, when forms are not exchanged, acceptance cannot materially vary from the offer.
Answer:
Refer David to another company.
Explanation:
In the given case, promoting other minority employees is not the correct action because the victim is David. Hiring other African Americans make up for David's loss is not the correct answer either because of the same reason. Paying David's legal costs is not an effort towards compensating for the discrimination. The company is likely required to give David a referral to another company which is the only action that affects David directly in terms of compensation. I hope this was helpful.
Answer:
(a) $332,000
(b) $312,000
(c) $760,000
Explanation:
(a) Her realized gain or loss
Mathematically, Realized gain or loss = Amount realized - Adjusted Basis = (120000 + 780000 + 192000) - 760000.
= 1092000 - 760000
= $ 332000
(b) Her Recognized gain.
Mathematically, her recognized gain = Amount received in cash + Amount received in Mortgage = 120,000 + 192,000 = $312,000
(c) Basis of newly acquired office Building.
Mathematically:
Basis of newly acquired building = Fair market value of building - (realized gain - recognized gain) = (780,000)-(332,000-312,000) = 780,000-20,000 = $760,000
Answer:
a. 8,200 pizzas
b. 17,400 pizzas
c. $17,100
Explanation:
The computation is shown below:
a. For break even point
= (Fixed expenses ) ÷ (Contribution margin per unit)
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $9 - $5
= $4
So, the break even point is
= $32,800 ÷ $4
= 8,200 pizzas
b. For target profit
The break even point is
= (Fixed expenses + target profit) ÷ (Contribution margin per unit)
= ($32,800 + $36,800) ÷ $4
= 17,400 pizzas
c. And, the margin of safety in dollars is
= (Total sales - break even sales) × selling price per unit
= (10,100 pizzas - 8,200 pizzas) × $9
= $17,100
Answer:
trademark
Explanation:
A trademark is a property which is intellectually a sign or a design which helps in the recognition of the product. The design or sign which particularly defines and helps in the identification of a product is said to be a trademark of a product. A trademark can be found on the location of the packaging, label or the product. Legally, it is recognized as intellectual property.
