Answer:
The correct word for the blank space is: the production.
Explanation:
A firm is a business or organization that produces goods or services on a for-profit basis. While the term is typically related to law firms, it applies to an array of entities. For example, a firm can be a corporation which is a legal entity that is separate from its owners and enjoys the right to entering contracts, loan, and borrow money or conduct other business.
Answer:
$60,000
Explanation:
Since Bailey Co. changed their accounting for insurance expense from the cash-basis to the accrual-basis in the current year, and in January of the prior year, Bailey recorded insurance expense of $240,000 for the cash purchase of a four-year insurance policy.
Bailey should report the insurance transaction in the current year's financial statements of an amortization of the insurance expense over the four year period, and take account the portion that pertains to the current year.
Therefore = $240,000 / 4 years = $60,000 per year
Explanation:
copying another form of writing
Answer:
something one cannot live without
Answer: Yes it does.
Explanation:
The Statute of Frauds holds that there are some contracts including real estate contracts that need to be in written form and then signed to be binding. Some of those contracts include, contracts of sale of goods worth more than $500 as well as contracts that cannot be completed within a year.
We can agree that the trees and top soil are definitely over $500 in value and so this falls under the Statute.
The main bone of contention here however, is probably if the Electronic signature that Hardell used to signed the memorandum entitles the aggrement to legal protection under the Statue of Frauds which requires a signature.
The answer is yes.
The United States Electronic Signatures in Global and National Commerce Act is a federal law. A main provision of this Act is to give electronic signatures the same significance as handwritten signatures. This law is meant to apply to wherever US Federal law applies including states, and US territories. States generally have the right to either accept this law or follow a similar one called the Uniform Electronic Transactions Act (‘UETA’) which was passed in 1999 and bestows upon Electronic contracts, similar status as paper contracts.
The Electronic signature used by Hardell therefore falls under the Statute of Frauds.
