Answer:
The revenue should not be recognized because of the unusual and subjective terms under which the buyer has the right to return the product.
Explanation:
If a buyer of goods has the right to return a product, the transaction is considered a sale with a right of return. When regular sales are made under these terms and there is a reasonable basis for estimating returns, revenue from the sale ought to be recognized and an allowance for returnsshould be established.
However, when the rate of returns cannot be reasonably estimated, revenue is not recognized until the right of return expires. Even though the goods were shipped in 2015, until the buyer accepts the goods or the right to return them expires, revenue would not be recognized.
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D. Transcendentalism (boy what a tongue twister) was a movement in the early 1800's to avoid the mechanized urban society and seek nature. Waldo Emerson and Thoreau both were members.
Pretty sure it’s a juror who knows the defendant as whatever they decide on could be biased so they would want to remove them from the court.