Answer:
Traditional characteristics of property ownership, such as transfer, risk of loss, insurable interest, and right to encumber are "broken up" and subject to varying tests under the UCC to help create boundaries.
Explanation:
the Uniform Commercial Code (UCC), a standardized collection of guidelines that govern the law of commercial transactions.
Real estate ownership carries with it a complex set of rights, and the bundle of rights concept has traditionally been the way in which those rights are described and summarized.
Traditional characteristics of property ownership, such as transfer, risk of loss, insurable interest, and right to encumber are "broken up" and subject to varying tests under the UCC to help create boundaries and limits to control in other to avoid excesses.
Answer:
Net income is $135,00 from the income statement.
Explanation:
In the Income Statement for a particular year, all expenses all expenses for the year are deducted from the income to arrive at net income for that year. Based this, we have:
Paradise Travel Service Income Statement For the Year Ended May 31, 2018
<u>Details ($) </u>
Fees earned 900,000
Office expense (300,000)
Miscellaneous expense (15,000)
Wages expense <u> (450,000) </u>
Net income <u> 135,000 </u>
Therefore, net income is $135,00 from the income statement.
Answer: The answer is $2,759.22
Explanation: From the question above, we have:
September 1st to January 1st is 4 months, this is 1/3 of a year which means that the student will earn:
=> 9/3 = 3%
3% interest for the money that is saved is the savings account. So the student must put in at least:
x + 3%x = 1400
x + 0.03x = 1400
1.03x = 1400
x = 1400 / 1.03
x = 1,359.22
Therefore, if the student saves $1,359.22 in the savings account By September 1st, she will have $1400 by January 1st.
Also, the student needs to make $1400 for the first semester. So overall she will need to make:
1,400 + 1,359.22 = $2,759.22 during the summer in order to ensure that she will have enough money to pay for both semesters.
Answer: A clear statement of the problem
Explanation:
The opening of a direct claim message should clearly state the problem that you would like to be addressed by the receiver and would set the tone for the rest of the message.
Claim messages are formal messages and as such, should be clear and concise so that the message is communicated effectively and there is a lesser chance of the message being misread. This is why the message should be clearly stated, so that the receiver understands it and responds in kind.
Answer:
a person who works at a full-service grocery store
