This is a peer review team.
Peer review is a type of oversight where people in the same group (in this case students at XYZ College) review the actions, behavior, and performance of other people in that group and try to resolve problems or hear both sides of the argument.
Answer:
No, contracts for personal services are not assignable.
Explanation:
According to a different source, these are the options that come with this question:
Yes, as long as the assignment does not increases the burden on Max.
Yes, Claire can assign her obligations under the contract to anyone who accepts.
No, contracts for personal services are not assignable.
No, the assignment is not valid since Max did not give any consideration.
This is most likely not a good strategy for this woman. The fact that this woman has been hired as a freelance web designer means thta the woman is beig paid for her professional expertise. No one else can perform the job in the way that she can perform it. Therefore, she cannot assign this duty to another person.
Answer:
Explanation:
Answer has been provided in the attachment
Answer:
C Certain groups of employees only
Explanation:
The tax sheltered annuity is a special tax regarding the retirement plan that available to a specific employees group only that engaged in non-profit, education, other 501c3 organization etc
So according to the given situation, the option C is correct as it fits to the situation
Therefore the other options are wrong
Answer and Explanation:
The Preparation of income statement for the year ending December 31, 2017 is shown below:-
<u> Oriole Company</u>
<u> Income Statement</u>
<u> For the Year Ended December 31, 2017</u>
Particulars Amount
Service Revenue $86,250
Less:
Expense
Salaries and Wages
Expense $38,640
Rent Expense $14,352
Utilities Expense $4,278
Advertising Expense $2,484
Total Expenses $59,754
Net Income/ (Loss) $26,496
Therefore for determining the net income/loss we simply deduct the total expenses from service revenue.