Answer:Self employment is working for yourself. Wage employment is working for someone else.
Explanation:
Self employment is employment where you are your own boss and you do not have to run issues and concerns through another person. The money that you make is your own.
Wage employment is when you earn your money through someone elses business and you are paid either salary or by the hour (wages). You are not allowed to make decisions for the business, just take orders and fulfill them.
Genna is liable for breach of the duty of loyalty as Without informing Fab, Genna starts up Evertrendy, Inc., to compete with Fab.
<h3>What is the meaning of duty of loyalty?</h3>
The duty of loyalty represents the principle that directors and officers of a corporation must act without personal economic conflict.
When making decisions in their capacities as corporate fiduciaries.One of the two primary fiduciary duties that a company's directors must fulfill is the duty of loyalty.
Thus, it is a duty of loyalty.
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Answer:
Decreased of $1,700
Explanation:
Sales (8,000 units × $140, 8,100 units ×$140)
$1,120,000 $1,134,000
Variable expenses
(8,000 units × 28, 8,100 units ×$37)
$224,000, $299,700
Contribution margin
$896,000, $834,300
Fixed expenses
$720,000, $660,000
Net operating income
$176,000, $174,300
Decreased in net operating income
$176,000-$174,000= $1,700
Therefore the overall effect on the company's monthly net operating income of this change is that net operating income will decrease by $1,700
Answer:
123,196
Explanation:
Recognized gain
= Liability on transferred real estate - Adjusted basis
= 771,596 - 648,400
= 123,196
Basis = 0