Answer:
Compensation for damages
Explanation:
James negligently misrepresented that a baseball card was a highly collectible and rare card. He did not mean to deceive the buyer of the card, but the court found that he was negligent. Therefore, the buyer will receive: Compensation for damages.
Negligence is a failure to exercise appropriate and or ethical ruled care expected to be exercised amongst specified circumstances.
Someone who suffers loss caused by another's negligence <u>may be able to sue for damages to compensate for their harm.</u>
Answer:
purchases of new houses.
Explanation:
The consumption is the amount that is to be consumed by the consumer or the amount spent by the household with respect to the goods and services they are taking.
In addition, it is also included while calculating the Gross Domestic Product (GDP). The formula is shown below:
Consumption + Investment + Government purchase + Net exports
where,
Net exports = Exports - imports
So in the given situation, the purchase of a new house is considered an exception because most the people purchase the house for renting it that gives them a regular income.
Answer:
The answer is
Dr: Notes Receivable $4,800
Dr: Interest Receivable $120
Cr: Sales $4,920
Explanation:
The yearly interest rate is 10%
So the interest rate for 90 days(assume 360 days make a year?
90/360 x 10%
2.5% is the interest rate for 90 days.
The interest payment for 90 days will be;
2.5% x $4,800
= $120
The entry will now be:
Dr: Notes Receivable $4,800
Dr: Interest Receivable $120
Cr: Sales $4,920
Answer:
Having a good accountant if you own a large business is important because any mistakes could be detrimental in the long run and upset clients.An accountant takes care of all finances, If a business did not have an accountant it would most likely take a turn for the worst.
-Hope i helped :D
