Answer:
13. Charlie would be excluded for cause;
14. the plaintiff provides proof only up to the level of “clear and convincing,” Casey can still be acquitted.
Explanation:
Since it was realised that Charlie has a relationship with on of the parties summoned for a case, this will lead to Charlie been removed and excluded for cause. This is because it is believed that due to the fact that he has a relationship with the person, there may be bias which may lead to a false outcome regarding the case.
For the second question, Cash can be acquitted if there's proof which is provided by the plaintiff and the proof is clear enough and convincing.
Answer: $25,000
Explanation:
Amount borrowed = $25,000
Corporation interest = 3%($25,000)
= 3/100 × $25,000
= $750
Federal rate = 4%($25,000)
= 4/100 × $25,000
= $1,000
Total debt = $(25,000+750+1,000)
= $26,750
Jody earned $3,500 for the year. In six months, Jody'd earn 1/2 of $3,500 = $1,750
This means that $1,750 of Jody's income will go to Jody's controlled corporation account in six month.
The total inputed amount to be paid by Jody = Jody's total debt - Jody's income in six month
= $26,750 - $1,750
=$25,000
True
The market system presented in the question relates to a system of capitalism. In capitalism private ownership of resources is used to control, motivate and coordinate economic activity.
Contrast this with a system of socialism or communism, where the state, which represents the collective people, who control the ownership of resources and then use it control and coordinate economic activity.
This contrast between private and public control of the resources is an essential component and critical idea in understanding the difference between free market systems that demand private enterprises be efficient and effective in the production and control of the resource, socialized systems which can limp along for years because of the public's support for their continuance.
Answer:
Credit to refund liability of $280,000.
Explanation:
The year end adjusting entry would be
Sales Return $280,000 ($21 million × 8% - $1,400,000)
Refund Liability $280,000
(Being the anticipated sales return is recorded)
Here the sales return is debited as it increased the sales return and the refund liability is credited as it increased the liabilities
The same is to be considered
Answer:
It will capitalize 245,000 to recognize the patent intangible asset
Explanation:
It will capitalize the entire research adn development cost as well as the fees and registration cost as are part of the incurred cost needed to obtain the patent
Therefore: 204,000 + 41,000 = 245,000
