Answer:
the cost to repair your vehicle, as well as all damage to other vehicles involved in the accident.
Explanation:
A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.
There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implies contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, executory contract, etc.
A foreseeable damage can be defined as a any form of damage that the parties to a contract knew or took note of at the time when they were signing an agreement to the contract. Thus, it is the ability of an individual to reasonably anticipate the likelihood of damage or potential injury in a given circumstance such as an accident.
This ultimately implies that, foreseeable damages involves the ability of a reasonable individual to anticipate the potential results of his or her actions such as damage or injury to another person due to the refusal to repair a faulty car.
An example of foreseeable damages from a faulty repair of your car that led to an accident would be the cost to repair your vehicle, payment of hospital bill for the injured, including the damage to other vehicles that were involved in the car accident.
Answer:
<u>a. Zero dividend.</u>
<u>b. 3.5 new shares</u>;
<em>texes will be paid.</em>
<u>Explanation:</u>
a. March 20 is a date earlier than when the dividends are too be paid on April 18, and as such Wilfred Nadeau<em> will not</em> receive any dividend if he sells his stocks since he no longer has ownership of them.
b. 45 cents dividends per 300 stocks of Wilfred is $135 (reinvestment dividend plan).
With a discount of 3.4% at $39.8 (3.4%*39.8) current price per stock makes the total cost per stock after discount= $38.4.
Dividing the reinvestment dividend plan over the discounted price (135/38.4) = 3.5 new shares, According to the requirements of law the investor must still pay tax annually on his or her dividend income, whether it is received as cash or reinvested.
The answer would be
A. union-friendly
because during the new deal labor laws that favored unions were passed
Answer:
4
Explanation:
The death on property must be disclosed to buyers by stateagents or owners if the death has occurred within last three years but the manner of death is not requried to be disclosed unless asked by the buyer.
Answer:
Lightning Inc.
Computation of Bad Debts Expense:
7% of $7,500 = $525
21% of $1,600 = 336
46% of $1,300 = 598
Total $1,459
Explanation:
a) Data and Calculations:
Credit Sales $ 20,000
Accounts Payable 10,000
Accounts Receivable 10,400
Allowance for Uncollectible Accounts 400 credit
Cash Sales 20,000
Lightning uses the aging method and estimates it will not collect 7% of accounts receivable not yet due, 21% of receivables up to 30 days past due, and 46% of receivables greater than 30 days past due.
The accounts receivable balance of $10,400 consists of $7,500 not yet due, $1,600 up to 30 days past due, and $1,300 greater than 30 days past due.
Age Analysis of Accounts Receivable balance of $10,400
Not yet due up to 30 days greater than 30
past due days past due
Percentage 7% 21% 46%
Balance $7,500 $1,600 $1,300
Bad debts $525 $336 $598
Bad debts Expense = $1,459