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Harrizon [31]
3 years ago
6

Bob writes a check to cash for $1000 to pay a bill from Acme. He then finds out that Acme breached the contract so he decides he

will not pay them and puts a stop payment on the check. However, the check is stolen by Theron Thief (and Bob was not negligent) who then gives it to his landlord, Larry Landlord, who Theron already owes $1000. If Larry does not know about the theft or any problems with the instrument, what is the status of Larry:
Business
1 answer:
Blizzard [7]3 years ago
6 0

Answer:

Holder in due course

Explanation:

A holder in due course arise when someone accepted the negotiable instrument for exchange in the value without any kind of reason. In this, there is a right for claim the value of an instrument that oppose to the orginator and the intermediate holders

So as per the given situation, Lary is holder in due case as he is holding the check in the good faith also he is not aware of the last theft

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Vincent operates a scenic tour business in Boston. He has one bus which can fit 50 people per tour and each tour lasts 2 hours.
mixas84 [53]

Answer:

There is some information missing, and when I looked for it I found similar questions but the demand was already given and the question was about Vincent's total daily income.

Passenger                  Price                  Daily demand

Adults                          $18                        70

Children                      $10                        25

Senior citizens            $12                        55

total                                                           150

total revenue per day = ($18 x 70) + ($10 x 25) + ($12 x 55) = $1,260 + $250 + $660 = $2,170

total operating costs per day = (150 / 50) x $450 = $1,350

operating income per day = $2,170 - $1,350 = $820

6 0
3 years ago
Can you become a marketing manager with a psychology degree
ozzi

Based to what I know you can, cause marketing manager is lower than psychology degree.

to be honest It depends in the person but the answer for this is YES and No. but if you want to make sure what's the answer wait for another person to answer the question what I just want to do is to answer your question and I hope that I help for this question.

6 0
3 years ago
Park uses a perpetual inventory system. Determine the cost assigned to ending inventory and to cost of goods
DIA [1.3K]

Answer:

below

Explanation:

3 0
3 years ago
Một công nghệ tưới tiết kiệm mới làm tăng năng suất và giảm cho phí trồng nho, điều gì xảy ra đối với thị trường nho
frosja888 [35]

Answer:

cannot understand this launguage

Explanation:

so please send it in English so I could answer

3 0
2 years ago
Chandler Sporting Goods produces baseball and football equipment and lines of clothing. This year the company had cash and marke
liraira [26]

Answer:

3. $2,123,612

Explanation:

As we know that

Net working capital = Current assets - current liabilities

where,

Current assets = Cash and marketable securities + inventory + accounts receivables + other current assets

= $335,485 + $1,651,599 + $1,488,121 + $121,427

= $3,596,632

Current liabilities = Accounts payable +  short-term notes payable

                            = $1,159,357 + $313,663

                            = $1,473,020

So, the net working capital is $2,123,612

4 0
3 years ago
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