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sashaice [31]
3 years ago
5

Which of the following is an INCORRECT statement regarding the right to stop delivery of goods in​ transit? A. If the lessee rep

udiates the contract while the goods are in​ transit, the lessor has the right to stop delivery only if the delivery constitutes a​ carload, a​ truckload, a​ planeload, or a larger express or freight shipment. B. The lessor does not have the right to stop delivery in transit due to the​ lessee's breach of the lease​ agreement; instead, the lessor must deliver the goods to the lessee in spite of the​ breach, and then sue the lessee for damages. C. A lessor has the right to stop delivery of the goods in transit​ if, while the goods are in​ transit, the lessee repudiates the contract. D. A lessor has the right to stop delivery of the goods in transit​ if, while the goods are in​ transit, the lessee fails to make payment when due. E. A lessor who learns of the​ lessee's insolvency while the goods are in transit has a right to stop delivery of the goods in​ transit, regardless of the size of the shipment.
Business
1 answer:
Verizon [17]3 years ago
7 0

Answer:

B. The lessor does not have the right to stop delivery in transit due to the​ lessee's breach of the lease​ agreement; instead, the lessor must deliver the goods to the lessee in spite of the​ breach, and then sue the lessee for damages.

Explanation:

During the transit of goods, if the lessor learns of a breach of the lease agreement, he has every right to stop the delivery of the goods in transit by notifying  the goods carrier or bailee. Since the carrier of the goods reports directly to the lessor, once he receives instructions from the lessor to stop delivery of goods, and he still has sufficient time, the delivery should be stopped.

Once the goods are reclaimed, the lessor can then decide to sue to recover damages. He can also, decide to cancel the contract at that point

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Suggest reasons why a knowledge sharing system
serg [7]

Answer:

A knowledge sharing system could be establish between rival organizations like Mastercard and Visa in order to improve the services they provide for their clients, as well as to attract more people and earn more money.

Even though it might seem contradictory for rival organizations to work together on sharing knowledge, it's actually not. Mastercard might have something that Visa wants and vice versa so it makes sense for them to collaborate to get what they need.

3 0
3 years ago
Assume Intel Corporation (INTC) and Texas Instruments (TXN) report the following information. Intel Corp Texas Instruments ($ mi
KATRIN_1 [288]

Answer:

d. INTC: 2.36 TXN: 3.43

Explanation:

The property , plant equipment turnover is the ratio of sales divided by the amount of PPE as shown below:

PPE turnover=sales/(beginning PPE+ending PPE)/2

Intel Corporation (INTC):

PPE turnover=$38,826/($15,768+$17,111)/2

PPE turnover=$38,826/$16,439.50  

PPE turnover=2.36 times

Texas Instruments (TXN):

PPE turnover=$13,392/( $3,918+$3,899)/2

PPE turnover=$13,392/$3,908.50

PPE turnover=3.43 times

The correct option is D

3 0
3 years ago
n​ mid-2017, an article in the Wall Street Journal noted​ that: ​"The Federal​ Reserve's interest-rate increases​ aren't having
telo118 [61]

Answer:

No

Explanation:

When Congress enacted the Federal Reserve Act in 1913, they stated the FED's mandates:

  1. promote maximum employment
  2. promote stable price

The FED's main objective is to conduct monetary policy in order to stabilize the economy and promote economic growth.

By stabilizing the economy the FED will lower inflation rate, therefore stabilizing prices. When the FED promotes economic growth, the unemployment rate should decrease, hopefully reaching a full employment.

7 0
3 years ago
A sole proprietorship is: Select one: A. the easiest type of business to set up B. the least profitable type of business to set
ryzh [129]

Answer:

it is an easiest type of business to set up because it requires small capital to start but has many disadvantages such as bearing all the risks alone.etc

5 0
3 years ago
Assume that Guardian Company uses a periodic inventory system and has these account balances: Purchases $500,000; Purchase Retur
romanna [79]

Answer:

Net purchases:

= Purchases - Purchase Returns and Allowances - Purchase Discount

= 500,000 - 14,000 - 9,000

= $477,000

Cost of goods sold:

= Net purchase + Freight-in

= 477,000 + 15,000

= $492,000

3 0
3 years ago
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