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Mkey [24]
3 years ago
14

What was the result on appeal in the Case Opener involving the claim that Michael Jordan owed $5 million based on his agreement

to pay the plaintiff's mother on the premise that he was the father, although it was later determined that the child was not his?
Business
1 answer:
Stolb23 [73]3 years ago
6 0

Answer:

Sometimes our justice system can really surprise us. How can a person sue another individual based on arguments that are known to be false? Shouldn't the courts just say no to this kind of lawsuits?

It's plain common sense that the court would dictate that the agreement should be annulled or rescinded based on the mother's fraud attempt or maybe mutual mistake between Michael Jordan and her. Even if they were both convinced that he was the father, after it was proven that he wasn't, the court shouldn't have even wasted its time (and taxpayers money) with this case.

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Suppose the Environmental Protection Agency (EPA) wants to mandate that all methane emissions must be reduced to zero in order t
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8 0
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Which of the following is a deductible loss for income tax purposes?
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Answer:

d. Net long-term capital losses in excess of $3,000.

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6 0
3 years ago
The following transactions occurred during December 31, 2021, for the Falwell Company. A three-year fire insurance policy was pu
Leya [2.2K]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

1. Insurance expense for 6 months = 12,960 x 6/36

= $2,160

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2.Interest expense for 2 months = 220,000 x 12% x 2/12

= $4,400

Kindly comment if you need further assistance. Thanks

Download xlsx
7 0
3 years ago
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