Answer:
B. $450
Explanation:
Interest rate = 9% = 0.09
Account receivable = $20,000
Interest = 0.09 x 20,000
= $1,800
At December 31, Black should record interest revenue of
1,800 x (90/360)
= 1,800 x 0.25
= $450
The answer is $450
When managing real estate transactions, real estate licensees can protect themselves by documenting and disclosing pertinent information.
Record and reveal important facts. Hint: Doing everything in their power to protect themselves is the only option for professionals who seek to advance and thrive in their chosen vocation. Documenting the disclosure of material facts, or information that could have an impact on the property's worth or desirability, is one way to accomplish this. The Borrower is not aware of any significant information that has not been provided to the Agent but that, in the event that it had been, could have reasonably been expected to have influenced a person's decision to make lending facilities of the kind contemplated by this Agreement.
Learn more about disclosing pertinent information here.
brainly.com/question/28203118
#SPJ4
Answer:
Product Implied Warranty
According to the Uniform Commercial Code, a product warranty guarantees that a product will work when used for its intended purposes. There are two key types of implied warranties: merchantability and fitness. The implied warranty of merchantability states that a product will meet reasonable expectations of the buyer. The implied warranty of fitness means that the product will meet the buyer's intended use.
Based on the above, we can conclude that the implied warranty of merchantability actually exists for the hair dryer. However, Patrick clearly violated it in this situation through the accident of dropping it in water.
Having thus violated the warranty, he cannot reasonably recover any damages from the company.
Explanation:
a) Facts of the case:
1. Every hair dryer is properly labeled and contains safety precautions against misuse.
2. The SF9000 hair dryer that Patrick purchased functioned properly for a month.
3. Patrick accidentally drops the hair dryer in water, causing him an electric shock.
4. Patrick sues for breach of the implied warranty of merchantability.
Answer:
d. there is a movement along the demand curve of that good or service.
Explanation:
A change in price of a good or service leads to a movement along the demand curve either up or down. If price increase, quantity demanded falls and there's a movement up the demand curve. If prices fall, quantity demanded rises and there's a movement down the demand curve.
I hope my answer helps you
