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
luda_lava [24]
3 years ago
14

Assume that Mr. and Mrs. Davis did not sign the lease agreement, but upon taking possession of the apartment on August 1 were ha

nded a signed copy by landlord Smith. On August 20, Mr. and Mrs. Davis move out claiming that since they had not signed the agreement, it was a mere tenancy at will. Smith could:___________
Business
1 answer:
abruzzese [7]3 years ago
7 0

Smith could sue Davis immediately for the unpaid portion of the lease

Explanation:

If a person does not have a rental, he / she may be disposed of in due course. Landlords may sue after commencement of proceedings for unpaid rent as well as for a fair compensation for any holdover use or occupancy.

In the first of a month, if the tenant pays interest, he or she owes a proportionate amount 20 days in the following month.

The landlord can sue for 20 days ' rent, if the tenant does not pay and just moves out, provided that his security deposit is too small or has been apprehensive due to necessary repairs or cleaning.

You might be interested in
Poseidon Co. holds 70% of the common stock of Saturn Co. In the current year, Poseidon report sales of $2,400,000 and cost of go
UkoKoshka [18]

Answer:

<u>Consolidated sales and cost goods sold would be:</u>

Revenue : $3,000,000

Cost of Sales : $2,040,000

Explanation:

The Consolidation Process Includes 100% of Poseidon Co. and 100% of Saturn Co.

However Revenues for Saturn is Overstated and Cost of Goods Sold of Poseidon Co. are overstated due to the intragroup sale and thus the sale should be eliminated.

<u>Journal to Eliminate Intragroup Sale</u>

Revenue : Saturn Co $300,000 (debit)

Cost of Sales : Poseidon Co $300,000 (credit)

<u>Consolidated sales and cost goods sold would be:</u>

Revenue : $2,400,000+$900,000-$300,000 = $3,000,000

Cost of Sales : $1,800,000+$540,000-$300,000 = $2,040,000

7 0
3 years ago
One of the criticisms of average cost regulated pricing of a natural monopoly is that the firm Group of answer choices has no in
Harman [31]

Answer:

The correct answer is a. has no incentive to hold costs down.

Explanation:

Given that in the natural monopoly there is no competition for the characteristic that we have as a company to offer our products at a lower price and with highly competitive quality, then the direct question of pricing will not have really in-depth studies that take into account the competitors' behavior in order to establish direct incentives. Its fixing method is basic and strictly depends on internal issues such as the expected profitability margin, supply, demand and production process.

7 0
3 years ago
The price index was 150 in the first year, 142.5 in the second year, and 138.2 in the third year. The economy experienced:______
Maslowich

Answer:

The correct answer is:

5.0 percent deflation between the first and second years, and 3.0 percent deflation between the second and third years. (a)

Explanation:

to calculate the percentage deflation, we will simply calculate the percentage change in price between the years stated. This is calculated as follows:

% change = \%\ change = \frac{P_2 - P_1}{P_1} \times 100\\where:\\P_1 = initial\ price\ index\\P_2 = New\ price\ index\\for\ first\ and\ second\ years\\\therefore \%\ change = \frac{142.5 - 150}{150} = \frac{-7.5}{150}= -0.05  \times 100 = -5\%\\

Note that the negative sign shows a deflation.

if you use the same method for years two and three, you should get -3%, using P₁ as 142.5 and p₂ as 138.2. Hence option 'a' is correct.

7 0
3 years ago
g The Nite Lite Factory produces two products - small lamps and desk lamps. It has two separate departments - finishing and prod
almond37 [142]

Answer:

$7.20

Explanation:

Given the following :

FINISHING department :

overhead budget = $550,000

direct labor HOURS = 500,000

PRODUCTION department :

overhead budget = $400,000

direct labor hours = 80,000

Predetermined allocation rate for finishing department :

Overhead / allocation base = ($550,000 / 500,000) = $1.10 per direct labor hour

Predetermined allocation rate for production department :

Overhead / allocation base = ($400,000 / 80,000) = $5 per direct labor hour

If the budget estimates that a desk lamp will require 2 hours of finishing and 1 hour of production:

Finishing department :

(2 × Predetermined allocation rate for finishing department)

= (2 × $1.10) = $2.20

Production :

(1 × Predetermined allocation rate for production department)

= (1 × $5). = $5

Total = ($2.20 + $5) = $7.20

3 0
3 years ago
List the steps of the segmenting and targeting process (put the first step on top). Instructions Choice 1 of 5. Select target ma
marusya05 [52]

Answer:

1. Group potential buyers into segments.  

2. Group products to be sold into categories.  

3. Develop a market-product grid and estimate the size of markets.  

4. Select target markets.  

5. Take marketing actions to reach target markets.

4 0
3 years ago
Other questions:
  • ​McArthur, Inc. plans to develop a shopping center. In the first​ quarter, the following amounts were​ spent: Acquisition of lan
    8·1 answer
  • I need help with this
    14·1 answer
  • Bank reconciliation information for Kaden Co. for May 31 is as follows: (a) The bank statement balance is $2,936. (b) The cash a
    11·1 answer
  • An example of forbearance is ________. Select one: A. past consideration B. selling assets to avoid payment to creditors C. a pr
    7·1 answer
  • Suppose the price of pepperoni falls. In the market for pizza, in which pepperoni of a popular ingredient, one would expect that
    15·1 answer
  • The amount of interest is determined by multiplying the amount in savings by the:
    11·1 answer
  • Kristina has to deliver twenty 100-word marketing "blurbs" by the end of the week. Which of the following aspects of her project
    8·2 answers
  • Chris paid $100,000 for a single-family home on July 1, 2019, and immediately placed it in service as residential rental propert
    9·1 answer
  • During August, 10,000 units were produced. The standard quantity of material allowed per unit was 10 pounds at a standard cost o
    12·1 answer
  • Golden Arch Company uses the periodic inventory system. It has compiled the following information in order to prepare the financ
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!