Answer:
Yes, the landowner should prevail and win the lawsuit.
Explanation:
The agreement between the landowner and his neighbor was recorded in the county's recording office, therefore this gave constructive notice about the agreement to any potential buyer of the property.
Since the original driveway owners agreed to mutually maintain the driveway, the burdens and benefits of the recorded agreement will apply to successive owners of the land.
Answer: Pandemic: awful. Vaccine: useful; get it. Masks: not really required, your still breathing your air, just through tiny gaps in fabric.
Explanation:
just my opinion.
Your Debt-to-Credit Ratio is Part of Your Credit Score. In the most basic terms, your debt-to-credit ratio — or credit utilization ratio, or balance-to-limit ratio — is the amount of debt you currently have, versus the amount of credit you have available.
Answer: Composition
Explanation:
The company owes $150,000 and would pay $0.50 on every dollar immediately.
The cash payment required of the company would therefore be:
= Amount of debt in $ - Amount to be paid per dollar.
= 150,000 * 0.5
= $75,000
Timing of payment is immediately.
A composition refers to an agreement between a debt and its creditors that would allow it to pay off part of its debt in lieu of the total value. This is usually done when the debt risks being insolvent or bankrupt but can still pay off part of its debt.
The agreement would enable it pay off some of the debt and the entire debt would be written off. The benefit to the debtor is that they avoid bankruptcy and the benefit to the creditor is that they get more than they would have gotten had bankruptcy been declared.
A composition is what happened here as a part of debt was paid to satisfy the full thing.
The initial net working capital requirement for this project exists $69,000.
<h3>What is meant by net working capital?</h3>
The difference between a company's current assets such as cash, accounts receivable/unpaid invoices from customers, and inventories of raw materials and completed goods and its current liabilities such as debts and accounts payable is known as working capital, sometimes known as net working capital (NWC).
The difference between a company's current assets and current liabilities is known as net working capital. A company's balance sheet is used to calculate net working capital. The more net working capital you have, the more probable it is that your business will be able to pay its present commitments.
net working capital requirement = $61,000 − 28,000 + 36,000
net working capital requirement = $69,000
The initial net working capital requirement for this project exists $69,000.
To learn more about net working capital refer to:
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