Parker enters into a contract with seller Derrick to buy his home. Before finalizing the sale, Parker has a change of heart and decides to renounce all worldly possessions. He no longer wants to buy Derrick’s home, but his brother, Tom, agrees to take Parker’s place as the buyer in the purchase contract. This is an example of ______.

Answers

Answer 1

Answer: Novation

Explanation:

Novation agreement is defined as replacing an obligation with another or allowing a new party into a deal replacing an existing one, parties involved in new agreement has to sign this to agreement. The party brought in new was not part of the initial deal.


Related Questions

In Lurnee, it takes 10 resources to produce 1 ton of cocoa and 13.5 resources to produce 1 ton of rice. In South Tyberg, it takes 40 resources to produce 1 ton of cocoa and 20 resources to produce 1 ton of rice. Lurnee has a comparative advantage over South Tyberg in cocoa. This follows the theory of comparative advantage, and we can say that engaging in free trade benefits all countries that participate in it; however, this conclusion stems from which of these inaccurate assumptions?
A. We have assumed that agrarian nations do not specialize in producing particular products.
B. We have assumed the prices of resources and exchange rates in the two countries are dynamic.
C. We have assumed diminishing returns to specialization.
D. We have assumed constant returns to scale.
E. We have assumed there are barriers to the movement of resources from the production of one good to another within the same country.

Answers

Answer: We have assumed constant returns to scale.

Explanation:

Comparative advantage simply stated that an economy should produce the goods whereby the said economy has a lower opportunity cost than its counterpart.

Based on the analysis in the question, the inaccurate assumption is that we have assumed constant returns to scale. This means that an increase in the inputs such as capital and labour which are used in producction will also cause an identical increase in output. In reality, this isn't always true.

The Smiths are saving money for a down payment on a house. The Smiths have $25,000 in cash, and they estimate that in 5 years they will have approximately $31,000 if they deposit their cash in a savings account that compounds interest yearly. To calculate the $31,000 amount, the Smiths determined

Answers

Options :

A)net present value of the $25,000.

B)future value of the $25,000.

C)internal rate of the return on the $25,000.

D)present value of $25,000.

Answer: B)future value of the $25,000.

Explanation: The Smith's calculation and subsequent result which yielded $31,000 refers to the future value of $25,000. The initial $25000 is the present value of the amount held. If the initial amount is saved or deposited over a certain number of years in an account which yields a certain rate of interest per annum and is compounded either on a monthly, yearly, quarterly or semiannual basis as the case may be, in this scenario above, the interest is called mounded annually. This initial amount will grow and yield an amount which is greater than the present deposit. This is called the future value of the initial deposit.

Promotions that are designed to increase product availability in distribution channels are known as:

Answers

The question is incomplete:

Promotions that are designed to increase product availability in distribution channels are known as:

A) sales promotions.

B) price promotions.

C) trade sales promotions.

D) consumer sales promotions.

E) non-price promotions.

Answer:

C) trade sales promotions.

Explanation:

-Sales promotions is when companies give customers an incentive to try or buy the product.

-Price promotions is when companies decrease the price of the product to encourage people to purchase it.

-Trade sales promotions is an incentive given to intermediaries in the distribution channel to increase the sales by having the product available.

-Consumer sales promotions is when companies use different techniques like coupons and prizes to get customers to buy the product.

-Non-price promotions refers to offering customers incentives different to the price to encourage them to purchase the product.

According to this, the answer is that promotions that are designed to increase product availability in distribution channels are known as: trade sales promotions because companies offer incentives to their intermediaries to have the product available.

The best method for determining future social media targets is to establish benchmarks. You can do this by __________________.

Answers

Answer:

Extrapolating data from past efforts to estimate future success.

Explanation:

It can be done by “extrapolating the data from past efforts to estimates future success” because the past trend can be seen with the help of data and these trends are used to forecast future situations and it helps to plan the new policies and tactics that achieve the future target. Moreover, the analysis of data will also help to reach the social media target because it will tell how to work to reach the benchmark.

A corporation has shares of ​% preferred stock outstanding.​ Also, there are shares of common stock outstanding. Par value for each is​ $100. If dividend is​ paid, how much goes to the preferred​ stockholders?

Answers

Answer:

$600,000

Explanation:

Calculation for how much goes to the preferred​ stockholders

Using this formula

Preferred​ stockholders=Number of preferred shares outstanding * Preferred stock par value * Percentage of Annual dividend

Let plug in the formula

Preferred​ stockholders=50,000 x $100 x 0.12

Preferred​ stockholders= $600,000

Therefore If dividend is​ paid the amount of $600,000 goes to the preferred​ stockholders

The following sequence shows four operations for a computer chip assembly process and the effective capacity of each. Step 1: 500 chips/hour Step 2: 250 chips/hour Step 3: 200 chips/hour Step 4: 550 chips/hour Suppose the utilization is 70 percent of effective capacity. What is the actual output of the process?

Answers

Answer:

The actual output of the process is 140 per hour

Explanation:

The Bottleneck step is the one which assemble minimum number of chips per hour . Step 3 produces minimum number of chips (200 chips per hour). Therefore step 3 is the bottleneck step.

Since the steps are interlinked in sequence, the capacity of the process will be determined by the capacity of the bottleneck process. Therefore, effective capacity of the process = 200 chips per hour

Since utilization is 70% of effective capacity , the actual output  of the process = Utilization x Effective Capacity

= 0.7 x 200

= 140 per hour

Thus, the actual output of the process is 140 per hour

"A customer in the 28% tax bracket has $4,000 of capital gains and $12,000 of capital losses. How much unused loss is carried forward to the next tax year?"

Answers

Answer:

$5,000

Explanation:

Given that:

A customer in the 28% tax bracket has $4,000 of capital gains and $12,000 of capital losses. How much unused loss is carried forward to the next tax year?

Capital gain = $4000

Capital loss = $12,000

Net loss = ( capital loss - capital gain)

Net loss = ($12,000 - $4,000)

Net loss = $8,000

Maximum net loss deductible from taxes In a year is $3000

Net loss - deductible

$8,000 - $3,000 = $5,000

Unused loss carried into the next year = $5,000

The optimal capital structure: A) will vary over time as taxes and market conditions change. B) will remain constant over time unless the company changes its primary operations. C) will be the same for all companies within the same industry. D) places more emphasis on operations than on financing. E) is unaffected by changes in the financial markets.

Answers

Answer:

A) will vary over time as taxes and market conditions change.

Explanation:

The capital structure is a combination of the debt and equity and if this is the optimum capital structure so it would be the best combination. Also, the equity financing maximize the market value of the company while at the same time it reduced the cost of capital

Therefore it will vary with respect to the taxes and the change in the market conditions

Which of the following statements is not correct? Group of answer choices The deadweight loss that arises in monopoly stems from the fact that the profit-maximizing single-price monopoly firm produces a quantity of output that is smaller the socially-efficient quantity. Consumer surplus is smaller with perfect price discrimination than for a single-price monopolist that can not price discriminaten with a single price monopoloblem caused by monopoly is monopoly profit. For a given demand curve, the profit for a single-price monopolist is larger than for a monopolist that can price discriminate. The deadweight loss caused by monopoly is similar to the deadweight loss caused by a tax on a product.

Answers

Answer:

The deadweight loss that arises in monopoly stems from the fact that the profit maximizing single price monopoly firm produces a quantity of output that is smaller the socially efficient quantity.

Explanation:

The dead weight loss arises in an economy when supply and demand are not balanced. Supply and demand are the two most important factors that derive the economy. The economy does not achieve its equilibrium because of dead weight loss. The cost is increased due to dead weight loss which creates market inefficiency.

Gilberto Company currently manufactures 65,000 units per year of one of its crucial parts. Variable costs are $1.95 per unit, fixed costs related to making this part are $75,000 per year, and allocated fixed costs are $62,000 per year. Allocated fixed costs are unavoidable whether the company makes or buys the part. Gilberto is considering buying the part from a supplier for a quoted price of $3.25 per unit guaranteed for a three-year period. Calculate the total incremental cost of making 65,000 units. Incremental Costs to Make Relevant Relevant Total Amount per Fixed Costs Relevant Costs Unit Variable cost per unit $65,000.00 126,750 Fixed manufacturing costs Allocated fixed costs Total incremental cost to make 126,750

Answers

Answer:

Explanation:

                  cost of making in-house

Variable cost  = 1.95 * 65,000 = 126,750

Related fixed cost =                      75,000

Unavoidable fixed cost=               62,000

Total cost of manufacturing =      263,750.

                         cost of buying

Unit cost = 3.25*65,000 =            211,250

Unavoidable fixed cost =               62,000

Total cost of buying =                     273,250   .

Cost of buying is higher than the cost of making  

Incremental cost  buying = 273,250-263,250 = 9,500    

Recommendation        

Gilberto should manufacture in - house instead of buying.

A federal bank examiner came to a bank in Jacksonville. He audited the books and he checked out the staff and the office facilities. He checked the public rooms and the lunch room. Everything was thoroughly examined. Later, he charged the branch manager with a violation of the Federal Fair Housing Act because he did not see:

Answers

Answer:

Eminent domain for the public good.

Explanation:

He charged the branch manager because he didn't see eminent domain for public use.

In eminent domain the government, the government the government has the power to take private property for public use.

The bank is a public place and as such are required to have a public domain that is members of the public or for civic use. Such a party is likely going to be for public use or it could be delegated to third parties.

The approach to measuring GDP that adds together compensation to employees, rents, interest income, dividends, undistributed corporate profits, proprietors' income, indirect business taxes, the consumption of fixed capital, and net foreign factor income earned in the United States is the:

Answers

Answer:

Income approach

Explanation:

This approach of calculating GDP is called income approach. In income approach of GDP calculation we add compensation to employees, rents, interest income, dividends, undistributed corporate profits, proprietors' income, indirect business taxes, the consumption of fixed capital, and net foreign factor income earned.

In a proceeds transaction: I. a customer directs that a position be sold; and the funds generated from the sale be used to buy another position II. a customer sells short securities "against the box" III. 2 separate mark-ups or commissions are charged IV. a combined mark-up or commission is charged

Answers

Answer:

I and  IV

Explanation:

A proceed transaction is a type of transaction in securities where a broker uses the proceeds of the sales of a security to buy another security , still constituting a transaction. (option 1)

A proceed transaction is subjected to a combined mark - up or commission , where the mark up earned on the disposed security is added to the mark up earned on the new security bought in replacement , which must be reasonable and fair. (option iv)

Harlose Suits faced a lot of complaints from customers when its recent batch of goods was dispatched. The employees at Harlose Suits, hence, had to rework on the returned items, and in some cases, the company had to even replace the faulty goods. In this case, the costs incurred by Harlose Suits are an example of _____.

Answers

Answer:

External failure costs.

Explanation:

These are explained to be the faults or defects a customer finds out or see after receiving his good and leaves the factory or finds out when goods or services has been delivered to him/her.

This can be either internal or external. When seen to be an internal aspect of the failure, costs result from identification of defects before they are shipped to customers. Some of these could include rejected products, reworking of defective units, scrap and also downtime caused by quality problem. It is said that a firms appraisal activities creates chances greater than the chance of catching defects internally and the greater the level of internal failure costs. This is the price that is paid to avoid incurring external failure costs, which can be devastating.

Answer: im trying to get points

1 2 3 4 5 6 7 8 9

As referred to in the NSMIA, the term "covered security" would apply to
preferred stock in the XYZ Corporation whose common stock is listed on the NYSE
common stock in ABCD, Inc., a stock traded in the Pink Sheets
Springfield, Illinois, municipal bonds sold to a resident of Springfield, Illinois
Springfield, Illinois, municipal bonds sold to a resident of Springfield, Missouri
A) II and III
B) III and IV
C) I and IV
D) I and II

Answers

Answer:

Correct Answer:

C) I and IV

Explanation:

In stock market, any security equal or senior to one listed on the NYSE is a covered security. Because, it is guaranteed by a Federal law. Municipal bonds are a covered security except in their state of issuance. On the other-hand, Pink Sheet and OTC Bulletin Board securities are not considered covered.

) If the multiplier is 4, then a decrease in investment spending of $200 causes a(n) in real GDP of $

Answers

Answer:

its b

Explanation:

Answer:

the answer is B

Explanation:

The attitudes that Ryan's customers develop after they have purchased his yearly lawn care service will become the basis for determining whether they renew each year. He needs to demonstrate the ________ dimension of service quality by showing consistently well-maintained yards with neat, professional personnel.

Answers

Answer:

tangibles

Explanation:

In this situation, Ryan needs to demonstrate the tangibles dimension of service quality. This refers to the physical appearances of the service that he is providing, all of the things that the client can see and touch that will increase their positive outlook on Ryan and his business. In this case being the well-maintained yards, clean equipment, professional-looking employees, etc. These tangible factors will convince the clients to renew their subscription.

Suppose when a monopolist produces 50 units its average revenue is $8 per unit, its marginal revenue is $4 per unit, its marginal cost is $4 per unit, and its average total cost is $3 per unit. What can we conclude about this monopolist? a. The monopolist is currently maximizing profits, and its total profits are $200. b. The monopolist is currently maximizing profits, and its total profits are $250. c. The monopolist is not currently maximizing its profits; it should produce more units and charge a lower price to maximize profit. d. The monopolist is not currently maximizing its profits; it should produce fewer units and charger a higher price to maximize profit.

Answers

Answer:

b. The monopolist is currently maximizing profits, and its total profits are $250

Explanation:

The computation of monopolist is shown below:-

The monopolist is producing 50 units ate which are

MR = $4

Price = $8

MC = $4

ATC = $3

This applies that

MR = MC

while

P > ATC

So the monopolist is making a profit by making profit-maximizing quantity.

Total profits are (P - ATC) × Q

= (8 - 3) × 50

= $250

Hence, b option is correct

Computing cash flows from financing LO P3 Additional short-term borrowings $ 20,000 Purchase of short-term investments 5,000 Cash dividends paid 16,000 Interest paid 8,000 Compute cash flows from financing activities using the above company information. (Amounts to be deducted should be indicated by a minus sign.)

Answers

Answer:

Cash flows from Financing Activities $4,000

Explanation:

Computation of cash flows from financing activities

Additional short-term borrowings $20,000

Less Cash dividend paid ($16,000)

Cash flows from Financing Activities $4,000

Therefore the Cash flows from Financing Activities will be $4,000.

The buyer of an industrial complex wants the broker to place the earnest money in an interest bearing account. The broker does this, clearly identifying all parties who are to receive the interest and the date the earned interest is to be disbursed. With only the verbal consent of the buyer, he places the money in an insured account in a depository in Florida. When the time comes to disburse the account, the broker will write a check to the buyer for the interest as the buyer agreed. Which statement describing this situation applies?

Answers

Answer:

Explanation:

In this situation, the statement that would best apply would be that the broker does not have the right to ever use an interest-bearing account under Florida Real Estate laws. Since Florida Real Estate laws specifically prohibit a broker from placing a clients money in an interest account then the broker in this scenario is breaking the law and can have his real estate license taken away as well as being fined.

In recording the monthly adjusting entry for accrued wages at the end of the accounting period, the amount of the adjustment would usually be determined by: a. using the same amount as the prior month adjustment. b. collecting the timesheets for the days accrued. c. a percentage of the previous week's gross payroll. d. using the wages of the salaried workers only. e. a percentage of the previous week's n

Answers

Answer: a percentage of the previous week's gross payroll

Explanation:

Accrued wages are the wages that have been incurred by an organization but have not yet being recorded in the organization's accounting ledgers.

It should be noted that when recording the monthly adjusting entry for accrued wages at the end of the accounting period, the amount of the adjustment would usually be determined by percentage of the previous week's gross payroll.

A woman owns 50 acres of land with 500 feet of frontage on a desirable recreational lake. She wishes to subdivide the parcel into salable lots, but she wants to retain control over the lake frontage while allowing lot owners to have access to the lake. Which of the following types of access rights would provide the greatest protection for a prospective lot purchaser?a. Appurtenant easementb. Easement in grossc. Easement by necessityd. License

Answers

Answer:

Appurtenant easement

Explanation:

An appurtenant easement grants the dominant tenement the right to use any adjoining property that transfers with the land through the servient tenement.

While the servient tenement provides the easement . the dominant tenement benefits the easement

In the scenario given , the lots are dominant tenement being the beneficiary of the right to use the land while the lake frontage is the servient tenement as it provides the easement for the lots

West Corp. issued 10-year bonds two years ago at a coupon rate of 8.1 percent. The bonds make semiannual payments. If these bonds currently sell for 102 percent of par value, what is the YTM? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Answers

Answer:

7.82%

Explanation:

Given the following :

Par value = 102%

Coupon rate = 8.1%

Period (n) = 10 years

Yield to maturity (YTM) =?

with a face value (F) of $1000

The current price (P) of bond will be:

102% * $1000 = (1.02 * $1000) = $1020

Annual coupon payment = $1000 * 8.1% = $1000 * 0.081 = $81

The YTM formula is given by:

YTM = [ C +( F - P) / n] / [(F + P) / 2)]

YTM= [(81 + (1000 - 1020) / 10] / [(1000 + 1020)/2)]

YTM = [(81 +(-20/10)] / (2020/2)

YTM = [(81 - 2) / 1010]

YTM = 79 / 1010

YTM = 0.078217

YTM =0.078217 * 100

YTM = 7.82%

You want to subtract your cost of 250 in cell D6, from your selling price of 400 in cell D5, and have the result in cell D7. How would you do this so you can extend the calculation across your other products

Answers

Answer:

Kindly check explanation

Explanation:

To obtain the result of the subtraction in cell D7:

While user has clicked on cell D7, press =, click on cell D5, -, click on cell D6 and press enter. The formula is in the form '=D5 - D6' ( referencing is omitted).

Once the formula has been entered into cell D7, the formula can be extended to across or beneath or both directions by clicking on cell D7, then around the lower right edge of the cell rectangle, a '+' sign shows up, right click and hold on the '+' sign then drag the mouse in your chosen direction. The calculation will be extended to all cells highlighted.

The process with which you will use to subtract your cost of 250 in cell D6, from your selling price of 400 in cell D5, and have the result in cell D7 is:

= D5 - D6

An Excel application is spreadsheet software that can perform different tasks of mathematical computation from basic arithmetic operation to visualizing or analyzing datasets.

Data and variables are arranged in rows and columns on the Excel Sheet. These rows and columns are called cell references  e.g (''A1'', ''B2'', ''C10'' ) etc.

From the given information, to subtract cell D6 from cell D5, we have the following process:

we will place 250 in cell D6 and 400 in cell D5Then, in cell D7, the first thing to do is to type the = sign followed by D5 minus D6.= D5 - D6

Therefore, we can conclude that the process of subtracting cell D5 from D6 is: = D5 - D6. This calculation can be extended across your other cells by clicking on the result in cell D7 and dragging it across the other cells you want them to be.

Learn more about the Excel file here:

https://brainly.com/question/23567635?referrer=searchResults

X Company acquired land in Costa Rica for a total cost of $45,000,000. Engineers conducted a study at an additional cost of $500,000 to determine that there were oil reserves that should yield approximately 1,000,000 barrels of oil. The purchase agreement includes a requirement that the land be restored when the oil has been extracted, which is expected to cost $1,300,000, after which the land is expected to be worth $4,500,000. In 20X2, X Company incurred $200,000 in development costs and extracted and sold 130,000 barrels of oil. How much depletion will X Company recognize during 20X2

Answers

Answer:

X Company will recognize $819,000 depletion in 20X2.

Explanation:

Depletion Expense = (Cost - Salvage Value) × (Period`s Production / Total Expected Production)

                                = ($45,000,000 + $500,000 + $1,300,000 - $4,500,000) / ( 130,000 / 1,000,000)

                                = $819,000

Note : Cost of Land Includes Purchase Price and any costs directly incurred in placing the land in condition required for operation by management as well as decommissioning costs.

state 2 reasons that lead to foreign trade.plz answer asap!!!​

Answers

For imports:

You import when there is lack of production in your own country

or when another country offers a cheaper price and/or better quality good than your own country's industry

for exports:

production surplus.

Which of the following is true of a corporation? Group of answer choices A corporation is owned by partners who have founded the business and have the right to manage it. A corporation does not have a life separate from its owners and its managers. A corporation has the ability to attract capital, more than the limited partnership. A corporation is not a tax-paying entity for federal income tax purposes.

Answers

Answer:

A corporation has the ability to attract capital more than the limited partnership

Explanation:

Corporation is defined as a group of people or company that come together to operate a business as a single entity with the approval of the government through incorporation.

Being a legal entity on its own , ownership is separated from the owners as the business itself can be held legally liable and it also pay income tax on the profits.

One of the advantages of corporation over the other forms of business is the ability to attract capital through issuing of share stocks , which form the basis of the size of ownership of each member.

Sweet Leaf Tea,a Texas-based maker of bottled iced tea,is a small but fast-growing firm that has gained a loyal following for its use of fresh,organic ingredients in its beverages.Although beverage industry experts recommended that Sweet Leaf replace the organic cane sugar and honey it uses with less costly high-fructose corn syrup,Sweet Leaf refused because of the company's mission to provide a high-quality,organic beverage to consumers.The 11-year-old company has 50 employees,and its products are available in 30% of the U.S.market.Sweet Leaf Tea recently received multimillion dollar investments which will enable the business to expand its national presence. Which of the following,if true,would most likely undermine the argument that Sweet Leaf Tea should implement a corporate-level strategy of vertical integration?A) Sweet Leaf Tea lacks the facilities or knowledge to produce the raw ingredients for its beverages.B) Market research suggests that Sweet Leaf Tea customers primarily purchase only one flavor of tea.C) Most loyal customers of Sweet Leaf Tea purchase the beverage at neighborhood convenience stores.D) Sweet Leaf Tea has decided to lower its prices by replacing cane sugar with corn syrup in some of its beverages.

Answers

Answer:

Correct Answer:

A) Sweet Leaf Tea lacks the facilities or knowledge to produce the raw ingredients for its beverages.

Explanation:

Vertical integration is a strategy whereby a company owns or controls its suppliers, distributors or retail locations which helps to control its product value and supply chain associated with the product it is selling.

Also, vertical integration benefits companies by allowing them to control process, reduce costs and improve efficiencies of the product. Since Sweet Leaf Tea Company lacks the facilities or knowledge to produce the raw ingredients for its beverages, it would definitely undermine its ambition.

The Great Depression was caused by all of the following factors except Group of answer choices American industries and banks were not involved in the European economy some of the major banks did not have enough reserves to withstand an economic downturn prosperity was dependent on a few basic industries too few Americans were able to purchase goods produced by American industries there was an overwhelming maldistribution of wealth

Answers

Answer:

Correct answer:

1. American industries and banks were not involved in the European economy

Explanation:

The Great Depression is one of the worst period in the history of America where Americans where hit with severe economic crises. It began after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors.

Over the next several years, consumer spending and investment dropped, causing steep declines in industrial output and employment as failing companies laid off workers.

Which low risk investment would you choose if you were on a strict budget?

Real Estate

Stocks

Mutual Funds

Bonds

Answers

Answer:

Bonds is the low risk investment if you were on a strict budget.

Explanation:

The analysis bonds have been examined 'safe' investments is because, for the last 30 years, interest rates have been getting down, and when interest rates decline, bond values grow.

Surely, bonds are still technically more secured than stocks. They have a cheaper conventional deviation so you can assume less volatility as well. However, if the goal you’re spending in bonds is to have a fate of your money allotted to safe investments.

Bonds. Low risk investments is what your looking for.

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