Answer:
False
Explanation:
<u>How to dispute the information.</u>
Tell the credit reporting company, in writing, what information you think is inaccurate. Send your letter by certified mail, “return receipt requested,” so you can document what the credit reporting company received. Keep copies of your dispute letter and enclosures.
Answer:
A) the probability that the asset will pay well is 51.16% and the probability that it pays poorly is 48.84%.
B) She should not invest in the asset because the expected value = the price asset, there is no expected profit.
Explanation:
There are 2 probable returns:
- Asset will pay well = P = $45,000
- Asset will pay poorly = 1 - P = $2,000
since the principal = $20,000, and the expected value = $20,000, the expected value equation would be:
45,000p + 2,000(1 - p) = 20,000
45,000 + 2,000 - 2,000p = 20,000
43,000p = 22,000
p = 0.5116 or 51.16%
1 - p = 48.84%
Answer:
Dr Accounts payable 2,940
Dr Purchase discounts lost 60
Cr Cash 3,000
Explanation:
The original invoice was recorded as:
Dr Merchandise inventory 5,880
Cr Accounts payable 5,880
When half the merchandise was returned:
Dr Accounts payable 2,940
Cr Merchandise inventory 2,940
When the invoice was paid after the discount period had expired:
Dr Accounts payable 2,940
Dr Purchase discounts lost 60
Cr Cash 3,000
Answer:
c. technological
Explanation:
General environment of an organization refers to those facets of the environment which are not specific to just one organization but applicable to all, which affect an organization such as political factors, technological factors, economic factors, legal factors and cultural factors.
For example, political factors would relate to change in the political structure in which the organization operates. Legal factors would be change in laws and law amendments applicable to an organization.
Technological factors refer to changes in technology or technological advancements. Any invention would be categorized as a technological development as such aspects did not exist before.
Thus, this is a case of technological development.
Answer:
Summemour and Hatcher WERE JOINTLY and SEVERALLY LIABLE
Explanation:
What is Partnership
Partnership is a form of business, where individuals come together to carry on business with the primary intention of making profit. Mostly, they come together by contributing capital and expertise to make the business work . Every partner is however liable and responsible for both the profit made and the losses or liabilities of the partnership.
Although the general partner has unlimited liability, every partner is however jointly and severely liable for the business
Were Summemour and Hatcher Liable?
This case is referred in the J.T. Turner Construction Company v. Summerour and Hatcher(2009). The court this case declared that both Hatcher and Summemour were jointly and severally liable as a result of the following reasons.
A partner becomes liable especially for a prior judgment based on the following
1. The partnership has proven indebtedness
2. A general partner in the partnership was sued to court
Based on these, Summemour and Hatcher WERE JOINTLY and SEVERALLY LIABLE
