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
AveGali [126]
2 years ago
12

A reversionary interest would be held by a:

Business
1 answer:
boyakko [2]2 years ago
8 0

Answer:A reversionary interest is created when a deed provides that the property transfer is “on condition that” or “only for so long as” the property described in the deed is used, or not used, for certain purposes.

Explanation:

You might be interested in
Ian Burns is the new payroll accountant for ECG Marketing. Certain employees have been requesting changes in classification from
Nookie1986 [14]

<u>Solution and explanation:</u>

<u>The Fair Labor Standards Act defines three tests that an employee must be eligible to be considered under the 'Exempt' category. </u>

These include the following :

<u>1.Salary Level Test :</u> Employee must be paid minimum of $23,600 per year ($455 per week) to be considered Exempt.

<u>2.Salary Basis Test :</u> The representative must be paid on a Salary Basis, a fixed ensured least installment must be made for any workweek for the playing out any work. This would be dependent upon admissible and impermissible derivations that decide the premise of installment. Special cases to this standard are School educators, Lawyers, Doctors, and some others.

<u>3.Duties Test</u> : The actual jobs performed by the employee must be within the qualified exempt category of high level work. These are broadly classified as Executive, Professional; and Administrative job duties.  

Thus, following out of the above will be considered for the purpose of classification to Exempt employees category:

<u>- Reimbursement of board, lodging, facilities availed </u>

Whether these form part of the compensation structure and the gross payments fall within the ambit of Levels test.

<u>- Compensation such as discretionary bonus </u>

These to be considered as part of Salary and to check whether the payments fall within the above stated levels and also the Basis of these payments whether on continuing salary or otherwise.

<u>-Duties </u>

The actual duties performed to be checked whether these fall within the exempt category.

Thus, the above stated three tests must be cumulatively passed in order to be eligible to classified as 'Exempt' Employee.  

8 0
3 years ago
Which fifth factor of production do many economists now include in addition to the four traditional factors of​ labor, capital,​
Tomtit [17]

Answer:

The correct answer is E, Information Resources.

Explanation:

Factors of production include Labor, Capital, Entrepreneurs and physical resources. But in the recent years, information has become the vital resource for organizations. Correct information and knowledge about a specific thing is crucial to the organization. For example if a company wants to introduce its new product and specifies a target audience, if the company doesn't get the accurate information about the needs and demands of that specific target area, other factor of production won't be of any use. So this information resource has become a vital and important part of the factors of production.

7 0
2 years ago
Read 2 more answers
John is an art dealer with special expertise in modern art. Rachel comes to John's gallery to purchase a modern art painting as
lubasha [3.4K]

Answer:

Puffery

Explanation:

Puffery refers to making hefty claims regarding product attributes and traits which represent a subjective and not objective view. Such claims are not backed by valid reasoning or valid evidences and facts.

In the given case, the art dealer claims his products being of high quality and appreciating over the period of next ten years. Such claims cannot be substantiated by any concrete evidence. As value cannot be ascertained in advance.

3 0
3 years ago
Stephen runs a pet salon. He is currently grooming 130130 dogs per week. If instead of grooming 130130 ​dogs, he grooms 131131 ​
borishaifa [10]

Answer:

Profit will increase by $2.3

Explanation:

Data provided in the question:

If instead of grooming 130130 ​dogs, he grooms 131131 ​dogs

Marginal cost = $65.82

Marginal revenue = $68.12

Now,

The effect on his profits of grooming 131 dogs instead of 130 ​dogs will be:

Change in profit = Marginal revenue - Marginal cost

or

Change in profit = $68.12 - $65.82

or

Change in profit = $2.3

Hence,

Profit will increase by $2.3

7 0
3 years ago
Write a sample professional greeting you would use when performing a cold call at a business for the purpose of delivering your
allochka39001 [22]
<span>Good day! This is [insert name here]. I am interested in applying for a position with your company and I am calling to see if I can make an appointment with human resources to submit my resume. May I know who I should talk to regarding this? Thank you very much!</span>
8 0
3 years ago
Other questions:
  • Greg's Copy Shop bought equipment for $60,000 on January 1, 2006. Greg estimated the useful life to be 3 years with no salvage v
    13·1 answer
  • iSooky has a spotter truck with a book value of $40,000 and a remaining useful life of five years. At the end of the five years
    5·1 answer
  • After meeting with your new client, you prepared his statement of financial position and pie charts. Which part of the financial
    11·1 answer
  • Which of the following is an example of a capital resource
    6·1 answer
  • Unlike a product advertisement, an institutional advertisement may have __________ as an objective? select one:
    14·1 answer
  • Is the process of presenting a message to an audience, small or large?
    12·1 answer
  • Consuela noticed significant growth in the hispanic population in her mid-size town. the local grocery carried mostly traditiona
    11·1 answer
  • SalientVision Inc., a construction company, receives more than $2,000 in federal money. The company pays its employees at rates
    10·2 answers
  • You are part of a sales group that has been asked to give a presentation.
    8·1 answer
  • Sampson Co. sold merchandise to Batson Co. on account, $46,000, terms 2/15, net 45. The cost of the merchandise sold is $38,500.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!