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
irina [24]
3 years ago
5

While working in the yard, Tina found a beat-up ring. Becca, an eighteen-year old neighbor, came over to visit and liked the rin

g. Tina said, "You can have this old thing if you would like." Becca replied, "I really like it - Maybe it's a real diamond!" Tina laughingly told her that there was a one in a billion chance of that and that Tina was more likely to win the lottery. A few months later Becca ran over to Tina's house and told Tina that the ring was actually a diamond worth thousands of dollars! Becca gave Tina the ring to examine. Tina put it in her pocket and told Becca that she would never have given it to her if she had realized its value and that possession was back where it had always belonged. Tina also told Becca that Becca failed to legally accept the gift because she did not know its true value and also because Tina did not sign any document turning over title. Becca sues. Which of the following describes the type of gift at issue?
a. A gift causa mortis
b. A gift inter vivos
c. A gift inter mortis
d. A gift causa vivos
e. A donative gift
Business
1 answer:
andreev551 [17]3 years ago
8 0

Answer:

The correct answer is letter "B": A gift inter vivos.

Explanation:

A gift inter-vivos refers to the transfer of a property from one party to another while the donor is alive. This transfer must be celebrated through a written agreement providing the beneficiary absolute ownership of the property. In such a case, the donor cannot request the property back and gives up any right over it.

The beneficiary must accept the gift for the transfer to be complete and if the property has value, the beneficiary will accept it as well.

<em>The issue between Tina and Becca relies on not having signed any document for the transfer of the diamond ring but they are involved in an inter-vivos gift.</em>

You might be interested in
When standard direct labor hours differ from actual direct labor hours used, the company experienced a(n):
omeli [17]

Answer:

efficiency variance

Explanation:

When standard direct labor hours differ from actual direct labor hours used, the company experienced an "efficiency varaiance". It can be used in order to analyze how effective an operation is in relation to labor, materials, machine time and other production factors.

Efficiency variance is actually the difference which exists between the theoretical amount of inputs which are needed to produce an output and the actual number of inputs which are required to manufacture the unit of output.

6 0
3 years ago
Becoming future proof means ensuring that you _________.
poizon [28]
C) the people that purchase goods and services
4 0
3 years ago
POINTS!!!!!!!!!!!!!! BRAINLIEST AND 20+ POINTS!!!
bekas [8.4K]

Answer:

B

Explanation:

I think you've already figured this out for yourself, but I thought I'd answer anyway and maybe clarify some things.

Supply is the total amount of a <u>good or service</u> that is available to consumers.

  • Think about it: goods are physical things bought and sold, like apples. Services are actions done for another person, like taxi driving or renting a used car.
  • None of the other answers make sense: a "device" is not a strictly defined term in economics; an "industry" can't be available to consumers, and a "warranty" isn't applicable.
4 0
3 years ago
Read 2 more answers
Chang Industries has 2,000 defective units of product that have already cost $14 each to produce. A salvage company will purchas
sleet_krkn [62]

Answer:

$20,000 income

Explanation:

<em>Computation</em>

Particulars                                                                 Amount

Sale Value of corrected product=                         $42,000.00

(2,000 * 21)

Less : Costs of Correction =                                   ($12,000.00)

(2000 * 6)

Less : Opportunity costs - Salvage Value Lost =  <u>($10,000.00)</u>

(2,000 * 5)

Incremental Revenue=                                             <u>$20,000.00</u>

4 0
3 years ago
Drury corporation needs to raise $ 2 comma 300 comma 000. the corporation plans on selling 100 comma 000 shares of $ 23 par valu
ad-work [718]

Net Income before Sale of Shares........................................................$1800000

Additional Income due to sale of shares.............................................$400000

Total Net Income........................................................................................$2200000

Income [email protected]%.........................................................................................($660000)

Net Income After Tax..................................................................................1540000

Total No of Shares.........................................................................................260000

Earning Per Share(Net Income After Tax/No of Shares)......................$5.92

8 0
3 years ago
Other questions:
  • If a process produces 1,350 DPMO over the short term, what is the expected Sigma Level over the long term
    14·1 answer
  • What is the chief disadvantage of the sole proprietorship as a form of business organization when compared to the corporate​ for
    12·1 answer
  • Brite plating company has lost a number of valuable employees to competitors. it recently gave employees a substantial raise, bu
    9·1 answer
  • "A firm has $400,000 in credit sales and $100,000 in accounts receivable. Compute accounts receivable turnover and average numbe
    15·1 answer
  • Budgeted Actual Overhead cost $909,000 $884,000 Machine hours 55,000 46,000 Direct labor hours 101,000 98,000 Overhead is applie
    12·1 answer
  • Gail dies intestate leaving two (2) children, Benjamin and Christopher. Her daughter Anna died two (2) years earlier. Anna had t
    6·1 answer
  • Assets Liabilities Net Worth Reserves $120,000 Checkable Deposits $300,000 Loans 140,000 Stock Shares 200,000 Securities 40,000
    5·1 answer
  • Nicholas omgnicholas omgnicholas omgnicholas omg
    11·2 answers
  • Any guys wanna join a pad <br> let
    13·2 answers
  • Along with a complete shut down or even jail time for its principals, what other possible result can occur if a business violate
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!