Answer:
a. Della will lose because he did not sign a contract.
Explanation:
The UCC are a set of guidelines that is used for trade transactions to resolve disputes and ensure equity between the buyer and seller.
There are various criteria used to qualify a valid transaction. One of them is that for a non movable asset, it's sale must be under a written contract.
A verbal contract will not suffice and is not binding.
In this scenario where Joe verbally contracts with Delia to sell his farm to Delia, they did not sign a contract and makes a down payment. But Joe decides after several months to sell his farm to Eli.
Since there is no written contract if Delia objects to the second sale she will lose
Answer:
Tammi's liability is d. limited to her investment in the stock.
Explanation:
Since Tammi has purchased a stock in a corporation, one of the fundamental property of a corporate is that the stock-holders of the corporation have a limited liability meaning shareholders are only legally responsible for the debts of a company only to the extent of their investment in the company.
So Tammi's liability is limited to her investment in the stock of Vivaldi Corporation.
Answer:
It need sales figure of 22,125 units per year to break even considering their currnent contribution marign and fixed cost.
Explanation:
fixed cost per year:
equipment lease cost: 288,000
other overhead cost <u> 48,300 </u>
total fixed cost 336,300
contribution per unit:
sales revenue - variable cost
39.75 - 14.55 = 15.20
each units generates $15.20 dollar we need to save up for 336,300 dollars
break even point:
336,300 / 15.20 = 22,125 units
Im not sure what you mean by that? be specific please and i will be sure to help ;)
Answer:
b) economic
Explanation:
Economic risk can be described as the probability that investment in the home country will be affected by changes in exchange rates, a political instability, a change in government regulation or policy, or any other macroeconomic conditions especially in a foreign country.
Despite that the government of Ugania has been trying to stimulate its economy extending huge amounts of loans to the business enterprises in the country, the failure to generate the profits necessary to repay their debts by borrowers likely due to be that the business enterprises in Ugania are most likely to facing economic risk.
