Answer: b. an asset for the bank and a liability for Kellie's Print Shop. The loan does not increase the money supply.
Explanation:
Banks make money by loaning out money to people and companies. This means that loans are an asset to banks because it enables them to generate cash.
Kellie's Print Shop will have to pay back to loan however which means that it is a liability to them because they owe the bank.
This loan will not increase the money supply because if not explicitly stated that it does, we assume that the loan was made from bank deposits by other bank customers which means that it is already part of the money supply.
Any contract Fay enters into is "voidable if the other party does not realize that Fay is incompetent".
Business contract law holds that people that have been proclaimed mentally uncouth in a courtroom may discover an agreement they go into announced void, voidable, or enforceable. The guardian is the main individual who can go into an agreement for the incompetent individual's behalf.
A reliance is described by miles as ""a need of the behaviors of one member that is impacted by the operations of other subunits"".
<h3>What does a protein subunit do?</h3>
Amino acid single chains serve as the building blocks for multimeric PROTEINS. The subunits of multimeric proteins might be similar or dissimilar. A protomer is a subunit shape of a bigger assembly made up of one or maybe more monomeric subunits.
<h3>What number of subunits makes up a protein?</h3>
Each component is necessary for both life and RNase P action. Pop8p is the sole acidic protein with just a pI of 4.5, although Pop5p has a pI of 4.5. Of nine protein subunits, most of proteins are very basic at isoelectric points (pI) more than 9.
To know more about Subunits visit :
brainly.com/question/28170213
#SPJ4
Answer:
Enforceable
Explanation:
Statute of frauds are legal requirements that a contract must have before it is considered to be enforceable.
Normally written contracts are required for transactions that are above $500, for sale of land, and transctions that last one year or longer.
The contract amount in the given scenario is (1000 pencils * $0.25) = $250
This amount falls below what is required for a written agreement. So an oral agreement can suffice in this case.
The contract is enforceable
Answer:
2,000 loss on redemption
Explanation:
the company will recognzie considering the current value of the bonds, thus the carrying value:
as the face value is lower than carrying value there is a discoutn for the difference: 104,000 - 98,000 = 6,000
When we compare the cash outlay with the carrying value we sovle for the redemption result:
98,000 bonds are paid at 100,000 therefore 2,000 loss
bonds payable 104,000 debit
loss on redemption 2,000 debit
discount on BP 6,000 credit
cash 100,000 credit
