The goods must conform to the contract description; be fit for the purposes for which it is intended be even kind quality, and quantity be adequately labeled; and conform to label description. If a seller knows a buyer has a particular purpose for a good and the buyer relies on the sellers skill or judgement in selecting a good an implied warranty of fitness for a particular purpose may be created.

Answers

Answer 1

"The goods must conform to the contract description....purpose may be created" : The implied warranties of merchantability and suitability for a particular purpose are both provided by the UCC.

Give a brief account on Uniform Commercial Code.

A uniform set of rules and legislation for business transactions is known as the Uniform Commercial Code (UCC). The proliferation of state rules made it more and more challenging for businesses to conduct interstate business, which led to the creation of the UCC code in 1953.Because it establishes a consistent legal and contractual framework for business transactions between companies based in different states, the Uniform Commercial Code (UCC) is essential. The UCC laws have been completely embraced by the vast majority of US states. There are nine separate articles in the UCC code, albeit some small differences exist between states.

Personal property sales and a variety of other transactions are governed by Uniform Commercial Code (UCC) laws. It's likely that you have signed a UCC-1 declaration if you've ever bought a business or a car. Up until the loan is repaid, the lender retains ownership of the title. Small enterprises and independent contractors are a major focus of the regulations established by the Uniform Commercial Code (UCC). Uncertainty regarding the potential separate regulation of such businesses by each state is one of the goals of this policy.

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Related Questions

An American company that sells consumer electronics products has manufacturing facilities in Mexico, Taiwan, and Canada. The average hourly wage, output, and annual overhead cost for each site are as follows:
Mexico Taiwan Canada
Hourly wage rate $1.50 $3.00 $6.00
Output per person 10 18 20
Fixed overhead cost $150,000 $90,000 $110,000
1. Given these figures, is the firm currently allocating its production resources optimally? If not, why do you think so? Consider output per person as a proxy for marginal product.
2. Suppose the firm wants to consolidate all of its manufacturing into one facility. Where should it locate? Is there any difference in treating cost information between (1) and (2)?
3. In deciding to consolidate its manufacturing into one facility, what are other factors the firm needs to consider? Please list and explain your reasons.
4. Nike outsources its manufacturing operation whereas New Balance does not. In terms of marginal productivity (output per person) and hourly wage rate, explain why New Balance did not outsource its production whereas Nike did briefly.

Answers

The company has not allowed its resources optimally. The optimal allocation will be to allocate resources in ratio of the respective MP/wage ratio. For example, highest in Mexico>Taiwan>Canada

It should consolidate it at Mexico because it is giving highest output per dollar input.

The company is required to consider the following resources:

1.Cost of raw material.

2.Availability of  Raw material.

3.Utility cost.

4.Transportation costs etc.

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You chose to upgrade the inventory management system. While this is definitely an important need, it doesn't impact customers shopping experiences directly, and the number of customer complaints continues to pile up. Next, you need to select an ERP provider that includes an inventory management, as well as other features such as pos that you will need to address down the road. The ERP you choose needs to meet all of your needs so that the different facets of the systems integrate smoothly. The number of ERP providers is overwhelming. Each seems to offer similar services and tools. You decide to focus on one indicator that will help you differentiate between the options. What factor do you prioritize? O Price O Level of support included

Answers

To integrate the ERP that will meet my all need, I will focus on those ERPs that has included support. The level of support would be a top priority and then the price will be the second priority when choosing the ERP.

To upgrade the inventory management system, with the ERP that will help in solving customer complaints. I will choose only that ERP which provides support. This support may be linked with ERP functionality, technical support, or customization according to our needs. When choosing the ERP for the organization, the level of support should be the top priority and price would be the second priority.

ERP is a type of software system that enables firms to automate, manage, and coordinate business activities to achieve the best performance. It can integrate a company's financials, operations, supply chain, commerce, manufacturing, reporting, and human resources function onto a single platform.

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Your firm wants to replace the furnace in the building with a more energy-efficient unit that has a two-year lifetime. Suppose the new furnace will cost $10,000 right now. In each year of operation, the new furnace will save the firm $5500 in energy expense. If the interest rate is 10%, the firm _____ buy the new furnace because the net present value is _____.
a. should; +$1,000
b. should; $0
c. should not; -$5,000
d. should not; -$454.55
e. should not; -$1,000
d. should not; -$454.55

Answers

If the interest rate is 10%, the firm should not buy the new furnace because the net present value is -$454.55.

The corporation desires to replace the building's two-year-old furnace with one that is more energy-efficient. Let's assume that the new furnace now costs $10,000.

The new furnace will save the business $5500 year on energy bills. If the interest rate is 10%, the new furnace's net present value is -$454.54, hence the business shouldn't buy it.

The difference between the interest rate a bank charges depositors and the interest rate it obtains on consumer loans is known as the net interest rate spread. The profitability of a bank is significantly impacted by the net interest rate spread. The net interest rate can be thought of as a profit margin.

Interest rate of 10%

Divided by (1+10%), net present value is equal to -10,001 plus 5,500.

= 2

NPV = - $ 454.54

Since the new equipment has a $454.54 negative net present value, the corporation shouldn't buy it.

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One of the requirements of regression analysis is that the independent variables shouldn't be related. How is multicollinearity defined? a. Multicollinearity implies that all the distributions of Y values have the same variance. b. Multicollinearity exists when independent variables are correlated. c. Multicollinearity means that all the independent variables are related to the dependent variable by linear function. b. Multicollinearity exists when independent variables are correlated.

Answers

The correct answer is b. Multicollinearity exists when independent variables are correlated.

What is Multicollinearity?

Multicollinearity is a statistical concept that refers to a situation where two or more independent variables in a regression model are highly correlated. This can be a problem because it can make it difficult to accurately determine the individual effects of the independent variables on the dependent variable. Multicollinearity can inflate the standard errors of the coefficients and lead to incorrect conclusions about the statistical significance of the coefficients. To identify multicollinearity, you can use statistical tests or look at measures such as the variance inflation factor (VIF).

According to the problem:

Multicollinearity occurs when two or more independent variables in a regression model are highly correlated. This can be a problem because it can make it difficult to accurately determine the individual effects of the independent variables on the dependent variable. When multicollinearity is present, the coefficients of the independent variables may be unstable and difficult to interpret. In addition, multicollinearity can inflate the standard errors of the coefficients, which can lead to incorrect conclusions about the statistical significance of the coefficients. To identify multicollinearity, you can use statistical tests or look at measures such as the variance inflation factor (VIF).

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a tariff is most likely to__________ prices and_______ consumption of the good or service being protected.

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A tariff is a tax that a government imposes on goods and services that are imported from other nations in order to raise prices and reduce the appeal of imports or at the very least their competitiveness, compared to domestic products and services.

By imposing a levy on imported products that are paid by the domestic importer, tariffs raise the cost of goods and services in domestic markets. The domestic importer then raises the pricing for the products and services to meet the additional expenses.

Producing cash, protecting domestic industries, and balancing trade are the three major goals of tariffs. The fact that tariff money is used by governments as a source of finance leads to the creation of the revenue function.

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a ceiling on a credit card is determined by the borrower and is the dollar amount that they want to borrow using the cash advance provision on their credit card.

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A ceiling on a credit card is determined by the borrower and is the dollar amount that they want to borrow using the cash advance provision on their credit card. This statement is false.

Which of the following investments would offer a source of income that is the most stable?

Government and corporate bonds are examples of fixed-income investments that can offer a consistent, predictable source of income, frequently with lower risk than other types of investments. Fixed-income assets are the foundation of a well-diversified investment portfolio, along with equities and stock mutual funds.

Issues of revenue bonds that call for the issuer to accrue or reserve a portion of annual revenue for use in redeeming bonds prior to maturity, frequently much earlier than ordinary call dates. The sinking fund is the name given to the set-aside funds.

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Orange, Inc., a calendar year corporation in Clemson, South Carolina, elects S corporation status for 2015. The company generated a $74,000 NOL in 2014 and another NOL of $43,000 in 2015. Orange recorded no other transactions for the year. At all times in 2014 and 2015, the stock of the corporation is owned by the same four shareholders, each owning 25% of the stock. Pete, one of the shareholders, holds a $6,020 basis in the Orange stock at the beginning of 2015.
The deductible loss by Pete is ? , with a ? carryover.

Answers

The Shareholders, holds a $6,020 foundation inside the Orange inventory at the beginning of 2015.

The deductible loss by Pete is deductible loss is $6,020 and the carryover is $four,730.

The carryover loss is allowed when the additional basis is created, either by stock basis (investment) or debt basis (loan), to absorb this loss. Alternatively, the company can also make enough profits to enable the shareholder to deduct the suspended losses.

Calculation:-

The agency generated a $74,000 NOL in 2014.

Another NOL of $43,000 in 2015.

The deductible loss by Pete is deductible loss is $6,020 and the carryover is $4,730

Debt can be in reality understood as the quantity owed via the borrower to the lender. A debt is the sum of money that is borrowed for a certain time period and is to be return in conjunction with the interest. The quantity further to the approval of the debt relies upon upon the creditworthiness of the borrower.

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calculate the marginal product of labor for a car repair shop that adds two mechanics and begins fixing five extra cars each week. type an answer and press enter to submit

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This indicates that each new mechanic contributed to a weekly increase in output of 2.5 automobiles.

A measure of how much production changes when more labor is added is called the marginal product of labor. You divide the change in the total product by the change in labor to determine the marginal product of labor.

You divide the change in the total product by the change in labor to determine the marginal product of labor.

Total product change = 5.

labor change. = 2

Marginal Product = Change in Workers / Change in Total Product

the marginal product of labor = 5 / 2 = 2.5

Therefore, the marginal product of labor for a car repair shop is 2.5

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There is a ____ accuracy tolerance for amounts stated on the Loan Estimate and the actual closing costs if the consumer is allowed to shop for his/her own settlement service provider.

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According to TRID, There is a 10% accuracy tolerance for amounts stated on the Loan Estimate and the actual closing costs if the consumer is allowed to shop for his/her own settlement service provider.

What is TRID?

TRID is a set of regulations that the Consumer Financial Protection Bureau (CFPB) is enforcing in an effort to eliminate some of the gaps that dishonest lenders have previously used to deceive customers. The mortgage information lenders must give to borrowers under TRID regulations, as well as when they must do so. The costs that lenders may charge and how these fees may alter when the mortgage matures are likewise governed by TRID regulations.

The initiative aims to assist borrowers in selecting a mortgage lender that has their best interests in mind by helping them better understand their mortgage options. All mortgage lenders must abide by TRID regulations as of 2015 when providing you with a mortgage or an estimate.

Because they cover material that customers should read and comprehend before making an offer on a home and agreeing to monthly loan payments, TRID guidelines are also frequently referred to as "Know Before You Owe" laws.

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Which of the following is a Financial incentive?

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Stock incentive is a financial incentive. The correct answer would be option B.

Money is offered by a person, business or institution as a financial incentive to promote particular behaviors or actions. A financial incentive could be a monetary benefit that a business provides to its clients or staff. The phrase can also be used to describe rewards intended to persuade members of the public to assist or provide information. Employers use financial incentives as a way to boost employee loyalty and efficiency. Financial incentives include things like commissions, raises, bonuses, stock options and profit sharing.Employees may receive bonuses from their employers in addition to their base pay. Bonuses typically happen once a year, once a month, or once every three months. Depending on the level of sales and profitability, employees receive additional pay.

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Full question: Which of the following is a Financial incentive?

A. Promotion

B. Stock incentive

C. Job security

D. Employer participation

JPAK manufactures and sells mountain bikes Classify each of the following costs as fixed or variable with respect to the number of bikes made Cost Variable Item a. Bike frames b. Bike brakes c. Sales commissions d. Bike handlebars e. Office rent f. Accountant salary g. Insurance h. Assembly worker wages i. Bike seats

Answers

Bike brakes costs as fixed or variable with respect to the number of bikes made Cost Variable Item .

Installing the best mountain bike brakes you can is recommended because they are unquestionably the most important control component on your bike. When riding off-road, disc brakes are essential. Concerningly, there is a wide range in performance across the board, and in addition to personality and power, there are numerous weight and cost factors to take into account when looking for the best mountain bike brakes for your bike. For more information on Bike Perfect's testing procedures and how our scoring system works, visit our how we test page. This author believes that SRAM makes the best brakes for most riders after testing every readily available set of mountain bike brakes on the market. The most latest Level is lightweight, extremely controllable, and e-MTB-proof.

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Use graphical analysis to show how each of the following would affect the economy first in the short run and then in the long run. Assume that the United States is initially operating at its full-employment level of output, that prices and wages are eventually flexible both upward and downward, and that there is no counteracting fiscal or monetary policy. Assume each event begins at the full-employment level of output. Because of a war abroad, the oil supply to the United States is disrupted, sending oil prices rocketing upward. Construction spending on new homes rises dramatically, greatly increasing total U S. investment spending. Economic recession occurs abroad, significantly reducing foreign purchases of U S. exports.

Answers

Construction spending on new homes rises dramatically, greatly increasing total U S. investment spending. An economic recession occurs abroad, significantly reducing foreign purchases of U S. exports.

In economics, a recession is a contraction of the business cycle in which there is a general decline in economic activity. A recession generally occurs when spending is widespread.

A recession will have its usual monetary and fiscal consequences. Short-term interest rates tend to fall as available credit becomes tighter. As companies try to cut costs, unemployment rises. This will lead to lower consumption rates and lower inflation rates.

A recession can be defined as a prolonged period of slow or negative real GDP (output) growth accompanied by a significant rise in unemployment. Many other economic indicators also weaken during recessions.

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g if the pound appreciates, unit b will need dollars for loan payments, which would partially offset the effect of this appreciation on the revenue of unit b.

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if the pound appreciates, unit b will need dollars for loan payments, which would partially offset the effect of this appreciation on the revenue of unit b. This statement is true.

An increase in the value of one currency in comparison to another is known as currency appreciation. For a variety of factors, including governmental policies, interest rates, trade balances, and business cycles, currencies appreciate against one another.

The rate directly relates to the base currency for purposes of currency appreciation. If the exchange rate rises to 110, one US dollar will now buy 110 Japanese yen, which will result in a gain in value.

Generally speaking, an increase or reduction in a rate always correlates to an increase or decrease in the value of the base currency, and the opposite is true for the quoted currency.

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​A common mistake people make in retirement planning is:
a. ​planning too early.
b. ​saving too little
c. ​spending too little.
d. ​starting too early.
e. ​investing too aggressively.

Answers

A common mistake people make in retirement planning is investing too aggressively.

Hence, option D is correct

What do you mean by retirement?

Retirement refers to the period of a person's life when they decide to permanently leave their job and work-life behind. It is typically a time of transition, when a person moves away from their career and into a more relaxed lifestyle. Retirement can be voluntary or involuntary, and can be planned for or unexpected. It is a significant life event that can bring about a range of emotions, from excitement to anxiety. Retirement is an important milestone that marks the end of one chapter and the beginning of another.Types of retirement includesTraditional Retirement. Semi-Retirement. Temporary Retirement

Therefore, the planning and investment needs to be done carefully.

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If the marginal propensity to consume equals 0.75 and government spending increases by $100 million, then overall real GDP can be expected to:A. decrease by $400 million.B. increase by $133.33 million.C. decrease by $133.33 million.D. increase by $400 million.E. increase by $75 million.

Answers

If the marginal propensity to consume equals 0.75 and government spending increases by $100 million, then overall real GDP can be expected to increase by $400 million. Hence option (D) is the relevant option.

Give a brief account on marginal propensity to consume.

The marginal propensity to consume (MPC) can be regarded as a concept used in economics to describe the proportion of a consumer's increase in overall income that they decide to spend on goods and services rather than save. The marginal propensity to consume, a concept found in Keynesian macroeconomic theory, is determined by dividing the change in consumption by the change in income.

MPC is represented by a consumption line, which is a sloped line made by charting the change in income on the horizontal axis and the change in consumption on the vertical axis. Where ΔC is the change in consumption and ΔY is the change in income, the marginal propensity to consume is equal to ΔC / ΔY.

To solve the question :

Given,

MPC = 0.75,

Formula for multiplier :

Multiplier = 1/(1 - MPC)

= 1/(1 - 0.75)

= 1/0.25 = 4

Total change in income :

= Multiplier × initial government spending

= 4 × 100

= $400 million

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Which of the following is NOT considered to be one of the characteristics of diversity sensitive group work?
a. Group counselors establish norms that accept, value, and respect cultural differences.
b. Group counselors respect the roles of family and community hierarchies within a client's culture.
c. Group counselors treat all members as if they are the same and have the same values.
d. Group counselors acquire the knowledge and skills necessary for effectively working with the diverse range
of members in their groups.

Answers

In diversity-sensitive group work, the statement which is not considered to be one of the characteristics is group counselors treat all members as if they are the same and have the same values. Therefore, the correct option is (C).

What is Diversity-Sensitive Group Works?

Diversity-sensitive group work is a form of the work group that is usually formed in a company. As the name implies, members of this working group come from various backgrounds so there are cultural differences between each member. This working group had many positive effects and one of them was getting answers from different members' points of view. There are several characteristics possessed by this working group, such as:

Group counselors will establish norms that respect cultural differences.Group counselors respect the roles of the community.Group counselors have the skills to work with diversity.

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investors commercial property corporation obtains an insurance policy that protects against any losses incurred as a result of existing claims against or liens on certain property at the time of its purchase. this is casualty insurance. fire insurance. life insurance. title insurance.

Answers

Investors Commercial Property Corporation obtains an insurance policy that protects against any losses incurred as a result of existing claims against or liens on certain property at the time of its purchase. This is title insurance.

A commercial property is a property that is used solely for business purposes. This could include office buildings, retail storefronts, warehouses, and more. Commercial properties are typically larger and more expensive than residential properties, and they often come with special zoning regulations.

It is important to choose the right investors for your business. You want to find investors who share your vision for the company and who are willing to support your growth. You also want to make sure that you are getting the best

Hence, the correct option is "FOURTH".

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robert capa and henri cartier-bresson felt that it was important to form the independent photo agency named magnum because:

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Robert Capa and Henri Cartier-Bresson felt that it was important to form the independent photo agency named magnum because: to reflect their independent natures as both people and photographers

What is independent?An independent person is someone who does not rely on others for money, help, or emotional validation.It is a person with healthy self-esteem and  healthy self-esteem. This means you don't need  validation from others to make decisions and feel good about yourself.Being independent gives you the opportunity to care for yourself  emotionally, physically, and financially.As a result, you are in a better position to enrich others. This will increase your happiness, increase your sense of belonging, give you  purpose, and increase your satisfaction with life.In contrast, the independent self-concept is the extent to which people see themselves as  separate and distinct from others and the social world.Excessive independence may be related to  past trauma. For example, they may be overly independent because they have learned that they cannot trust others and can only rely  on themselves. Your very independent trait may have evolved to protect you from further harm.

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which of the following is a direct benefit of becoming more proficient at emotional intelligence at work?

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You will be able to control your responses to challenging events as a direct result of improving your emotional intelligence at work.

If you have strong emotional intelligence, you will be able to appreciate your coworkers' efforts and hard work. Additionally, it strengthens the bonds between team members by fostering empathy for one another. You have a deeper understanding of your coworkers' jobs and the challenges they confront.

Because it can enhance your interpersonal relationships, both personally and professionally, emotional intelligence is significant. Motivation, self-awareness, self-regulation, empathy, and social skills are the five facets of emotional intelligence at work.

Emotional intelligence training is a collection of useful skills and knowledge that enables people to understand emotions with ease.

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Bruce is a single father with 1 child. He can work as a bagger at the local grocery store for $7 per hour up to 1,200 hours per year. He is eligible for welfare, and if he does not earn any income, he will receive $15,000 a year. If Bruce works, the government policy is to deduct 60 cents from his welfare stipend for every $1 that he earns in income. With this policy in place, if Bruce works 600 hours, his income will be Hint: Think through what different components will contribute to income in this scenario. O $16.440 O $16,680 O $15,000 O $3,600 Question 14 2 pts When people have insurance against a certain event, the notion that those people are less likely to guard against that event occurring is called a O moral risk O moral hazard O hazard risk O risk
Previous question

Answers

The government's policy is to take 60 cents from Bruce's welfare payment for every dollar he makes in income if he works. If Bruce works 600 hours under this strategy, his income will be $16,680. The right response in this case is option B.

Bruce works at a local grocery store for = $7 per hour

Total hours in year = 1200 hours

If he does not work his welfare income would be = $15,000 per year

The government tends to deduct for every $1  = 60 cents if Bruce works

If bruce works with this welfare income at = 600 hours

Firstly, Bruce's Gross Income:

Gross Income = 600 hours x $7 Per hour Gross Income = $4,200

Now when government deducts 60 cents, thus;

Government Deduction = 60% of gross income

Government Deduction = 4,200/100 × 60

= 42 x 60

Government Deduction = $2,520

Therefore, Bruce's Income Will Be:

Bruce Income = Welfare income + Gross income - Government deduction

= $15,000 + $4,200 - $2,520

= $19,200 - $2,520

Bruce Income = $16,680

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Suppose the Fed doubles the growth rate of the quantity of money in the economy. In the long run, the increase in money growth will change which of the following? Check all that apply.
The level of technological knowledge
The inflation rate
The quantity of physical capital
The size of the labor force
Suppose the economy produces real GDP of $50 billion when unemployment is at its natural rate. Use the purple points (diamond symbols) to plot the economy's long-run aggregate supply (LRAS) curve on the graph.

Answers

If the Fed doubles the growth rate of the quantity of money in the economy the quantity of physical capital will increase.

What is physical capital?

One of what economists refer to as the three primary components of production is physical capital. It consists of material things made by people that are used in the production of commodities or services. A company's physical capital is made up of its equipment, structures, office and warehouse supplies, cars, and computers. Physical capital is one of the three factors of production according to economic theory. Physical capital is made up of physical, man-made items that businesses invest in or purchase and employ to manufacture things. Physical capital assets that are reusable and not consumed during production, such as manufacturing equipment, also fall under the category of fixed capital.

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Which of the following costs are capitalized as an asset for an internally developed patent? (Select all that apply.)
Multiple select question.
research and development
accretion expense
legal fees
filing fees

Answers

Answer:1

1

1Explanation:

1

which of the following are accurate regarding the recognition and de-recognition of assets and liabilities with the current rate method?

Answers

The following are accurate regarding the recognition and de-recognition of assets and liabilities with the current rate method:

New assets and liabilities are recognized using the current rate at the time of the transaction.

Existing assets and liabilities are de-recognized using the current rate at the time of de-recognition.

In its simplest shape, your balance sheet can be divided into categories: property and liabilities. assets are the gadgets your employer owns that can offer future monetary gain. Liabilities are what you owe other parties. In short, belongings placed cash on your pocket, and liabilities take cash out!

Assets are what a enterprise owns and liabilities are what a enterprise owes. both are listed on a employer's stability sheet,

Liabilities are the money owed you owe to different parties. A liability may be a mortgage, credit score card balances, payroll taxes, debts payable, fees you haven't been invoiced for but, lengthy-term loans (like a loan or a business loan), deferred tax payments, or a long-time period lease.

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speech to seeks both agreement and action of the audience. the speaker urges audience members to continue to doing something, stop doing something, or never to begin doing something.

Answers

Speeches intended to persuade the audience aim to elicit both agreement and action. The speaker exhorts audience members to carry out their current actions, cease their current actions, or never start their current actions.

A persuasive speech is one that is given with the intention of convincing the audience to hold a certain belief or behave in a particular way.  One of the 40 Famous Persuasive Speeches You Need to Hear is MLK's "I Have a Dream." Speech made by Queen Elizabeth I at Tilbury. Speech by Woodrow Wilson to Congress on April 2, 1917; song Ain't I A Woman by Sojourner Truth. Abraham Lincoln's Gettsyburg Address and Susan B. Anthony's Women's Rights to the Suffrage. These are not mutually exclusive in any way. There may be a number of objectives in mind while you prepare your presentation. You could try to inform while being entertaining, for instance.

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funds held in bank accounts that can be withdrawn from banks at any time without advance notice are called deposits.

Answers

Funds held in bank accounts that can be withdrawn from banks at any time without advance notice are called demand deposits.

What is deposit?A deposit is money that you put into your bank account as funds. You have to put money in the bank to create savings and earn interest on it. Demand deposits are made on funds that can be withdrawn at any time. A fixed deposit is a long-term investment. The security deposit is also  the  amount of deposit that you pay when you take out a loan. Traditionally, there are four types of bank deposits in India: Current Accounts, Term Deposits, Savings Accounts and Time Deposits.A deposit is the amount of money you put into your bank account. There are two types of deposits: list deposits and time deposits. Funds market accounts include checking accounts, savings accounts and money market accounts. Term deposit accounts include Certificates of Deposit (CD)  and individual retirement accounts.

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effective financial managers evaluate customers' ability to pay for merchandise purchased on credit.

Answers

This statement is True, effective financial managers evaluate customers' ability to pay for merchandise purchased on credit.

Credit is the consider which permits one birthday celebration to provide money or assets to another celebration in which the second celebration does no longer reimburse the first birthday party without delay (thereby generating a debt), however, guarantees both to pay off or return those assets (or other substances of identical price) at a later date. In different phrases, credit is a method of making reciprocity formal, legally enforceable, and extensible to a massive organization of unrelated human beings.

The assets provided may be monetary (e.g. granting a loan), or they will consist of goods or services (e.g. customer credit). credit score encompasses any shape of deferred payment. a credit score is prolonged by a creditor, also referred to as a lender, to a debtor, additionally known as a borrower.

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when a startup wants to offer stock on the stock market, they go from a private to a public company. t/f

Answers

When a startup wants to offer stock on the stock market, they go from a private to a public company---- True

What is it called when a company goes public?

When a private company goes public for the first time, the process is known as an initial public offering (IPO). Essentially, an IPO means that the ownership of a company changes from private to public.

What pricing method will be used for the public offering of shares?

An IPO, or initial public offering, is the process by which a privately held company purchases its shares to the public. The stock or stock price to be sold must be determined prior to commencing the IPO. This can be done by fixed cost method or book building method.

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mars inc. issues 5,000 shares of no par stock for $100,000. which of the following entries are required? (select all that apply.)

Answers

The required input is called the common stock credit, it is the correct choice for the statement "Mars Inc. issued 5,000 shares of no par value for $100,000."

Common stock

They are shares that are given to third parties on the stockholders' equity and assets of a company, in order to raise money and finance their projects, granting partial rights in decision-making and in obtaining dividends.

They are negotiable financing assets without maturity that represent a residual portion of the property of a company, a common share gives its owner rights over both the company's assets and the profits it generates, as well as to comment and vote on the decisions that are made.

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alpine company issues $2.0 million, 10-year, 7% bonds at 99, with interest payable on december 31. the straight-line method is used to amortize bond discount. prepare the journal entry to record the sale of these bonds on january 1, 2022. (credit account titles are automatically indented when amount is entered. do not indent manually) date account titles and explanation debit credit jan. 1 etextbook and media list of accounts prepare the journal entry to record interest expense and bond discount amortization on december 31, 2022, assuming no previous accrual of interest. (credit account titles are automatically indented when amount is entered. do not indent manually) date account titles and explanation debit credit dec.3 31

Answers

alpine company issues $2.0 million, 10-year, 7% bonds at 99, with interest payable on december 31. the straight-line method is used to amortize bond discount. prepare the journal entry to record the sale of these bonds on january 1, 2022. than:

Cash 1,980,000

Disc on BP 20,000

BP 2,000,000

12-31

Int exp 142,000

Disc on BP 2,000

Cash 140,000

A bond is what?

Governments and businesses both issue bonds as a means of raising capital. By purchasing a bond, you are essentially lending the issuer money. In exchange, they promise to repay you the face amount of the loan on a particular date and to make periodic interest payments along the way, typically twice a year.

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which of the following internet-based marketing research methods is most liley to raise an ethical issue regarding the users right to privacy

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The following internet-based marketing research methods is most liley to raise an ethical issue regarding the users right to privacy is cookies.

Legally, the proper of privacy is a fundamental regulation which includes: The proper of persons to be free from unwarranted publicity. Unwarranted appropriation of one's character. Publicizing one's non-public affairs with out a valid public situation.

The proper to privacy is an detail of numerous prison traditions that intends to restrain governmental and private actions that threaten the privateness of people. Over a hundred and fifty country wide constitutions mention the proper to privateness.

Privateness gives us the power to pick out our mind and feelings and who we share them with. privacy protects our facts we do not need shared publicly (which includes health or non-public price range). privacy allows guard our bodily safety (if our real time location facts is private).

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