Answer:
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Answer:
The retained earning would be debited by ($60,000)
Explanation:
According to the given data we have the following:
Number of shares outstanding=60,000
par value of $5 per share
stock dividend declared=cc
Therefore, to calculate the amount either (debited) or credited to retained earnings we would have to make the followin calculation:
Dividend value=Number of shares outstanding×par value of $5 per share×stock dividend declared
Dividend value=60,000×$5×20%
Dividend value=($60,000)
Therefore, as the dividend paid reduces retained earnings, the retained earning would be debited by ($60,000)
The California “standard form” policy of title insurance on
real property insures against loss occasioned by a forgery in the chain of
recorded title.
To add, standard form policy is an insurance policy form that is
designed to be used by many different insurers and has exactly the same
provisions, regardless of the insurer issuing the <span>policy.</span>
Answer: D. The neighbor, because obtaining financing was a condition precedent.
Explanation:
Even though it wasn't listed in the written contract, there was the condition precedent that the contract would not be binding unless funding was obtained. Condition precedent is a condition that must happen for a contract to become enforceable.
Funding was not obtained so the contract cannot be enforced. The neighbor would therefore prevail so long as the owner admits that there was indeed a condition precedent.
The global economy of the 21st century can be summarized as: <span>an economic system that is more favorable for international business. Trade and imports are at an all time high, especially into the United States from places like China, Japan, and Hong Kong.</span>
