Answer: The answer is 3 seconds
Explanation: because 24 divided by 3 is 8. Eight must be subtracted 3 times from 24 in order to reach 0.
The answer is E. i might be wrong
The answer to this question is a material breach. A material breach is a breach of contract where in the other party failed to provide or perform what is needed in the contract. This also shows that the contract can no longer be completed.
Answer:
<em>Operating Lease</em>
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Explanation:
5years / 6 years = 83.33% above 75% of the useful life
the ownership reverts at the end of the lease
the lessor has risk considering the residual value is not guaranteed
We aren't given with information about the asset value to check if it is paying the entire value of the asset.
But for the information given we can conclude it is an operating lease.
Answer:
B.
Explanation:
It shields the new owner of the property from losses that could result unexpected claim to the property by a third party.
