Answer:
The correct answer is letter "C": Both I and II.
Explanation:
The Uniform Commercial Code (UCC) is a set of rules that guide the parameters for fair commercial transactions within the fifty states of the U.S.A. Acceptance of an offer is legitimate under the UCC Sales Article when sent using a valid method. In that sense, option "C" is right as both acceptances (I and II) have been sent before the end of the ten-days term.
for example if you wanted to buy a car but had bad credit most of the time you wouldn't be able to apply for a car loan from a bank. To get better your credit you could spend small amounts on a credit card then pay ahead of time or on time when you pay your bill for the credit card. Like buying packs of gum and small things then paying them off will make your credit grow more.
Answer:
C. managing broker over Agent Smith
Explanation:
a managing broker is someone is held liable over the actions of another broker office or agency that act on the managing broker's behalf. Thse office or agnecy are allowed to act without direct order from the managing broker, but managing broker will be the one that receive all the consequences.
All the profit that is made by managed entity (in this context agent smith) will have to goes to managing broker first and the managing broker will share the profit on a private term with Agent Smith.
In return, the managing broker will have to ensure that all of the agents that he/she has under disposal have to follow the compliance rule that is made by the government. He will manage the licence and annual tests of the agents in order to ensure consumer safety.
Answer:
$525,000
Explanation:
Calculation to determine what amount would it have recorded the equipment for on 6/30/2021
First step is to calculate the total interest for 10 months;
Based on the information given since the amount of $15,000 was the interest for 6 months in the year 2021 in which the note lasted for 10 months the total interest will be:
Total Interest = 10months/6months x $15,000 Total Interest=$25,000
Now let calculate 6/30/2021 Equipment
6/30/2021 Equipment=$550,000-$25,000
6/30/2021 Equipment=$525,000
Therefore what amount would it have recorded the equipment for on 6/30/2021 is $525,000
Answer:
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Explanation:
