Yvonne authorizes Warren to act as her agent and sell her vehicle. Yvonne tells Warren her vehicle has never been in an accident, and Warren, despite knowing Yvonne had been in an accident a year ago in the car, passes this information on to the buyer. Is Warren liable for the misrepresentation:__________

Answers

Answer 1

Answer:

no

Explanation:

because he does something that he don't know what will happen ..and do not research for someone who want to hers car


Related Questions

the total export was 1 500 000 and the total import was 2 250 000 .. Calculate the balance of trade?​

Answers

Answer:

-750,000

Explanation:

The export is generally the profit, or the amount gained from selling (either a service or a product). The import is the loss, as you pay for the commodity or service.

In this case:

Total import: 2 250 000

Total export: 1 500 000

2 250 000 -  1 500 000 = 750 000

The balance of trade is: -750,000 (or a loss of 750k).

~

Elderly travelers as well as those who are physically challenged find it hard to climb stairs when they are allotted motel rooms which are not on the first floor.The Convenience Inn has succeeded in catering to this specific group of customers via its motels,all of which have one floor of rooms with no stairs to climb.Which of the following refers to The Convenience Inn's success in identifying distinct groups of consumers whose needs,wants,and purchasing behavior differ from others in important ways?A) market penetrationB) market developmentC) market segmentationD) product developmentE) diversification

Answers

Answer:

C) market segmentation

Explanation:

The market segmentation refers to the segmentation of the market i.e division that are depended upon various attributes like the same interested, needs, locations, taste and preferences. It could be behavior, geographical, psychographic, demographic, etc

In the given situation, since Convenience Inn is succeeded in catering to the particular customer groups so this represents the market segmentation

an object travels 16 metre in 4 seconds and then another 16 metre in 2second what is the average speed of the object

Answers

Answer:

6m/s

Explanation:

Given the information :

an object travels 16 metre in 4 seconds and then another 16 metre in 2second.

what is the average speed of the object?

First portion of travel:

Distance = 16 meters

Time = 4 seconds

Second portion:

Distance = 16 meters

Time = 2 seconds

Speed is calculated as the proportion of distance traveled to the time taken.

Speed = distance / time

First portion :

Speed attained

Distance / time = speed

16 meters / 4 seconds = 4m/s

Second portion:

Speed attained

Distance / time = speed

16 meters / 2 seconds = 8m/s

Average speed :

(first portion + second portion) / 2

(4m/s + 8m/s) / 2

12m/s ÷ 2

= 6m/s

In its first year of operations, Roma Company reports the following. Earned revenues of $57,000 ($49,000 cash received from customers). Incurred expenses of $31,500 ($24,450 cash paid toward them). Prepaid $9,750 cash for costs that will not be expensed until next year.Compute the company's first year net income under both thecash basis and the accrual basis of accounting.

Answers

Answer:

Computation of expenses under Cash basis

Particulars                                     Amount$

Expenses paid                                 $24,450

Add: Prepaid expenses paid           $9,750

Total expenses paid                        $34,200  

Computation of the Net Income

Particulars             Cash basis        Accrual basis

Revenue                 $49,000            $57,000

Less: Expenses      $34,200            $24,450

Net Income            $14,800            $32,550

The rn.ost popularstrategy for entering new businesses and accomplishing diversification is A. forming a joint venture with another company to enter the target industry. B. internal startup. C. acquisition of an existing business already in the chosen industry. D. forming a strategic alliance with another company to enter the target industry. E. None of these-strategic alliances and joint ventures are equally popular and rank well ahead of acquisition and internal start-up in terms of frequency of use.

Answers

Answer:

C

Explanation:

Entering a new business and accomplishing diversification could be a risky move considering the degree of uncertainties that the investor may likely encounter. For this reason , an investor has to be strategic while making the move of entering a new business .

The safest and the most popular strategy is the acquisition of an existing business in the chosen industry as the business would have exceeded the risks related to the initial start up, making it easier to continue and sustain,

An existing business in a chosen industry also gives the privilege of inherited customers and business policies that can be improved on on taking over.

The buyers purchased a residence for $195,000. They made a down payment of $25,000 and agreed to assume the seller's existing mortgage, which had a current balance of $123,000. The buyers financed the remaining $47,000 of the purchase price by executing a mortgage and note to the seller. This type of loan, by which the seller becomes a mortgagee, is called a

Answers

Answer:

purchase-money mortgage

Explanation:

This type of loan, by which the seller becomes a mortgagee, is called a purchase-money mortgage. As described, this is a mortgage issued to the borrower by the current seller of the home as part of the purchase transaction. This usually tends to occur when the buyer cannot qualify for a traditional lending channel mortgage, and in this scenario the buyer can instead become a mortgagee through a simple buying and selling transaction.

In performing accounting services for small businesses, you encounter the following situations pertaining to cash sales. 1 Blossom Company enters sales and sales taxes separately on its cash register. On April 10, the register totals are sales $22,500 and sales taxes $1,125. 2. Oriole Company does not segregate sales and sales taxes. Its register total for April 15 is $14,310, which includes a 6% sales tax.
Prepare the entry to record the sales transactions and related taxes for Blossom Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Answers

Answer and Explanation:

The Journal entry is shown below:-

a. Cash Dr, $23,625

          To Sales Revenue $22,500

          To Sales Tax payable $1,125

(Being cash is recorded)

Here we debited the cash as it increased the assets and we credited the sales revenue and sales tax payable as  it increased the revenue and liabilities

b. Cash Dr, $14,310

           To Sales Revenue $13,500

           To Sales Tax payable $810 ($14,310 ÷ 106 × 6)

(Being cash is recorded)

Here we debited the cash as it increased the assets and we credited the sales revenue and sales tax payable as  it increased the revenue and liabilities

Sara has a loan with an interest rate of 2% now, but according to the terms and conditions, the interest rate could quadrupole after 18 months. What term best summarizes the situation?

Answers

Answer: Variable interest rate loan

Explanation:

Given, Sara has a loan with an interest rate of 2% now, but according to the terms and conditions, the interest rate could quadrupole after 18 months.

That means the interest rate will change after 18 months.

The term that summarize the situations would be "variable interest rate loan"

A variable interest rate loan is defined as a loan in which the interest rate charged on the current balance fluctuates over time as market interest rates changes. It mostly generate more interest.

Team members support one another when they view differences as being

Answers

Answer:C

Explanation:

Qualities and skills the add value

Answer:

qualities and skills that add value

Explanation:

All of the following are excellent reasons for a municipality to subsidize stadium/arena construction except A. improved quality of life and the possibility for urban renewal. B. economic growth leading to a return on investment. C. public relations boost of being labeled a "major league city." D. civic pride and community spirit.

Answers

Answer:

B. economic growth leading to a return on investment.

Explanation:

All of the following are excellent reasons for a municipality to subsidize stadium/arena construction except economic growth leading to a return on investment. Thus the correct option is B.

What is economic growth ?

The economic growth of any country is determined by the ratio of production and consumption that takes place within a year and evaluates the flow of funds in the market by analyzing the purchasing parity of an individual.

The excellent reasons for a municipality to subsidize stadium/arena construction are improved quality of life and the possibility for urban renewal which provides better assistance and job opportunities.

Subsidize stadium/arena construction helps in the improvement in public relations and appears as a "major league city" which helps in growth and development as well as community spirit.

Therefore, option B's economic growth leading to a return on investment is appropriate.

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An appraiser must not allow the intended use of an assignment or a clientâs objectives to cause the assignment results to be _________.

Answers

Answer:

biased

Explanation:

In general an appraiser must not allow assignment results to be biased. This is strictly stated in the Standards Rule 1-1(a) which states the following: "An appraiser must “be aware of, understand, and correctly employ those recognized methods and techniques that are necessary to produce a credible appraisal." Therefore, the appraiser must do everything in his/her power to provide credible and non-biased appraisals everytime.

Heartland Health Systems, which employs 20,000 people in facilities in Chicago, St. Louis, Topeka, and Indianapolis, has suffered from poor management for years. As a result, employees are demoralized, and the workplace culture has become increasingly toxic. The board of directors makes the decision to fire many of the top executives and brings in a new CEO, Bashir. An independent polling company conducts employee surveys across all branches, revealing that Heartland employees rank feeling undervalued and underappreciated among their biggest complaints. Bashir decides to implement a radical approach at all levels of management that will help managers relate to and serve their employees. Which of the following is Bashir most likely to do?

Answers

Answer: engage in active listening so that he can understand employees' needs

Explanation:

From the question, we are informed that Heartland Health Systems has suffered from poor management for years and as a result, the employees are demoralized, and the workplace culture has become increasingly toxic.

The most likely thing for Bashir to do is to engage in active listening so that he can understand employees' needs. When this is done, he will be able to Kno what the workers want and then can improve their morales and together achieve the organizational goals.

All the following statements concerning variable life insurance are correct EXCEPT: Group of answer choices The policyowner can invest the cash value in different investment accounts. The premium is level and guaranteed not to increase. The death benefit can vary with the policy's investment experience. Cash surrender values are guaranteed.

Answers

Answer:

D. Cash surrender values are guaranteed.

Explanation:

Variable Life Insurance is an insurance policy that requires a specific amount of the premium paid by the insurance holder to be dedicated to the investment funds and assets of the company offering the insurance policy. It is important to know that

1.  there is a cash value account that can be invested in different subaccounts in this type of policy.  

2. The premium level is fixed and the policyholder is expected to pay it on a regular basis. He can be assured that the premium level will not increase.

3. A death benefit is also guaranteed to be paid to a beneficiary chosen by the policyholder, but the amount to be paid as the death benefit depends on how good or bad the policy's investment performed.

But then it is important to note that the cash surrender values are not guaranteed because there is a risk factor. They can fluctuate depending on whether the policy performed poorly or excellently.

Correctly match the account balances related to AFS securities with the correct financial statement presentation
(1) Other Comprehensive Income
(2) Net Income
(3) Accumulated Other Comprehensive Income
(a) Realized gains and losses from the sale of AFS securities
(b) Net fair value adjustments to date - net holding gains and losses to date
(c) Current period holding gains or losses

Answers

Answer:

Available-for-Sale Securities (AFS) are security instruments of another company that a company buys intending to sell before it matures or in the case of no maturity, the company intends to hold it for a while.

1. Other Comprehensive Income - Current period holding gains or losses

Available for Sale securities will see their values change as time goes on. The changes in their value have to be reflected in the books but because no money is actually being accrued or lost, this cannot be reflected in the Income statement. The various gains or losses in the current period will be recorded in Other Comprehensive Income.

2. Net Income - Realized gains and losses from the sale of AFS securities

When the AFS is actually sold, the gains or losses accrued will be sent to the Income statement as actual cash has now been accrued from its sale.

3.  Accumulated Other Comprehensive Income - Net fair value adjustments to date - net holding gains and losses to date.

While the various gains or losses in the current period will be recorded in Other Comprehensive Income, the accumulated gains or losses over the entire periods the security has been held is reported in the Accumulated Other Comprehensive Income which falls under the Equity section of the Balance sheet

Cash Payback Period, Net Present Value Analysis, and Qualitative Considerations The plant manager of Shenzhen Electronics Company is considering the purchase of new automated assembly equipment. The new equipment will cost $1,400,000. The manager believes that the new investment will result in direct labor savings of $350,000 per year for 10 years. Present Value of an Annuity of $1 at Compound Interest Year 6% 10% 12% 15% 20% 1 0.943 0.909 0.893 0.870 0.833 2 1.833 1.736 1.690 1.626 1.528 3 2.673 2.487 2.402 2.283 2.106 4 3.465 3.170 3.037 2.855 2.589 5 4.212 3.791 3.605 3.353 2.991 6 4.917 4.355 4.111 3.785 3.326 7 5.582 4.868 4.564 4.160 3.605 8 6.210 5.335 4.968 4.487 3.837 9 6.802 5.759 5.328 4.772 4.031 10 7.360 6.145 5.650 5.019 4.192 a. What is the payback period on this project? 4 years b. What is the net present value, assuming a 10% rate of return? Use the table provided above. Round to the nearest whole dollar. Net present value

Answers

Answer:

NPV = $750,598.49

Explanation:

Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows

Payback period =  amount invested / cash flow = $1,400,000 / $350,000 = 4 years

Net present value is the present value of after tax cash flows from an investment less the amount invested.  

NPV can be calculated using a financial calculator  

Cash flow in year 0 =  $-1,400,000.

Cash flow each year from year 1 to 10 =  $350,000.

I = 10%

NPV = $750,598.49

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

Mark, a real estate broker, teamed up with Chris, another real estate broker, in an effort to not do business with a cross-town broker. What may Mark and Chris be accused of...? Self Dealing Vicarious Liability Group Boycotting Price Fixing

Answers

Answer:

Group Boycotting.

Explanation:

In this scenario, Mark, a real estate broker, teamed up with Chris, another real estate broker, in an effort to not do business with a cross-town broker. Hence, Mark and Chris be accused of Group Boycotting.

Group Boycotting can be defined as the process of having two or more parties (competitors) come together and reach an agreement not to do business with their close rivals in the same industry. A group boycott is a violation of antitrust law because the conspiring parties refuse to do business with another for their selfish interests or ulterior motives.

Adam published his personal opinion about the current condition of politics stating,"Though the government is unable to fulfill the demands of the public,they demand votes;they really are beggars on streets." Can politicians sue him for defamation under tort?
A) No,because as a general rule the material in a newspaper is totally exempted.
B) Yes,because defamation in a newspaper is always a tort.
C) Yes,because Adam wrote even though he did not have authority.
D) No,because statements of pure opinion do not amount to defamation.

Answers

Answer:

The correct answer is the option D: No, because statements of pure opinion do not amount to defamation.

Explanation:

To begin with, the fact that Adam have published his personal opinion about a certain topic does not directly indicates that his opinion, in the case of being a hard critic of something, is to be considered a defamation due to the fact that those kind of statements are protected by law in the United States according to the First Amendment to the United States so therefore that his pure opinion is under the freedom of speech regime. That is why that politicians would not be able to sue him for defamation under tort.

Select all businesses directly involved in marketing.

Bank
Marketing research form
medical center
government agency
car dealership
advertising agency

Answers

Answer:

The correct options are;

Marketing research firm

Advertising agency

Explanation:

Marketing research firms are firms that undertake field data sourcing and assessment with regards to goods and services consumers, local and international competitors, market distribution networks as forces and participants as well as other factors that determine a market place. Market research firms usually work in behalf of other organisations

An advertising, creative, or ad agency are establishment that plan, handle and develop advertising, sales promotions and marketing campaign for their business customers.

Five years ago Thompson, an investor, ran across a board game that he enjoyed and believed the game would become very popular. He purchased 1,000 shares of the corporation that publishes the game. Unfortunately, the game was too complex for most casual game players and sales never amounted to much. Over the five years, the stock of the publisher has remained steady, but has not increased in value. This is an example of

Answers

This is an example of Business risk.

Business risk is the business a company Invested their money into which later  reduce their profit or become unsuccessful.

A company or organization that enter into  business in which they are unable to gain that   financial target they aim for after investing their money into the business is known as business risk.

Any Business a person, company or organization choose to enter into is a risk as you cannot actually predict what the outcome will be as to whether it will lead to financial gain or loss until you  start  the business.

Inconclusion This is an example of Business risk

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Answer:

Business Risk! Believe it!

Explanation:

intext:"A company has 50,000 shares of common stock outstanding. The stockholders' equity applicable to common shares is $1,470,000, and the par value per common share is $5. The book value per share is"

Answers

Answer:

$29.4 per share

Explanation:

A company has 50,000 shares of common stock outstanding

The stockholder's equity that is applicable to common shares is $1,470,000

The per value of common share is $5

Therefore, the book value per share can be calculated as follows

= $1,470,000/50,000

= $29.4 per share

Hence the book value per share is $29.4 per share

ABC Company purchased land with an old building. ABC plans to demolish the old building and then construct a​ new, modern building. The cost of demolishing the building will be part of the cost of​ the:

Answers

Answer: C) Land

Explanation:

When recording the cost of a PPE, one must also capitalize the cost of getting the PPE ready for use.

The demolition of the old building was done to improve the land and get it ready for use therefore it is to be capitalized along with the cost of the land such that in the balance sheet when the Land is recorded, it will include the demolition cost.

Which one does not describe the ways that players associations support players? A. Providing them with guidance in salary and labor arbitration. B. Providing them with equipment and instruction to enable them to perform at the highest possible level. C. Providing them with salary and contract data. D. Providing them with information to support negotiations.

Answers

Answer: Providing them with equipment and instruction to enable them to perform at the highest possible level.

Explanation:

Players association support players by providing them with guidance in salary and labor arbitration, providing them with salary and contract data and also by providing them with information to support negotiations.

It is not the function of the players association to provide players with equipment and instruction to enable them to perform at the highest possible level.

Land and other real estate held as investments by endowments in a government's permanent fund should be reported at

Answers

Complete Question:

Land and other real estate held as investments by endowments in a government’s permanent fund should be reported at

Group of answer choices

A. Historical cost.

B. Fair value less costs of disposal.

C. Fair value.

D. The lower of cost and net realizable value.

Answer:

C. Fair value.

Explanation:

Land and other real estate held as investments by endowments in a government's permanent fund should be reported at fair value of the reporting date except for the exception of life insurance contract, external investment pool, money market investment etc.

The fair value can be defined as the actual or real value of an asset, security, product or item in financial accounting.

B2B markets differ from B2C markets because: Group of answer choices salespeople personally call on business customers to a far greater extent than they do consumers. many more products are sold in B2C markets than B2B. business products are often much less complex than consumer products. B2C transactions occur prior to B2B transactions. there are fewer B2B transactions resulting in smaller dollar amounts.

Answers

Answer:

salespeople personally call on business customers to a far greater extent than they do consumers.

Explanation:

Business to business (B2B) markets differ from Business to consumers (B2C) markets because salespeople personally call on business customers to a far greater extent than they do consumers.

Under the B2B sells its products directly to other businesses such as wholesalers or retailers and not the end consumers.

On the other hand, the B2C market involves businesses selling their goods and services directly to the end consumers or users for personal use.

Honda's new electric unicycle is very unique. It is steered by the rider leaning, computer stabilized through control of its single crabbing wheel (it can move sideways). It has a range of about 3 miles at 3 miles per hour. It takes on hour to recharge. It only weighs 25 pounds, so it can be carried. The cost would be about $2000. The only good reason to produce this would be that

Answers

Answer: Honda could get a lot of notice as innovative company

Explanation:

From the question, we are informed that Honda's new electric unicycle is very unique and that it is steered by the rider leaning, computer stabilized through control of its single crabbing wheel.

It also has a range of about 3 miles at 3 miles per hour, takes n hour to recharge and only weighs 25 pounds, so it can be carried while the cost would be about $2000.

The only good reason to produce this would be that people and every other organization will notice Hinds as being a company that is innovative. This will be advantageous for its brand.

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.

is considering an investment with an initial cost of $236,000. In Year 4, the project will require an additional investment and finally, the project will be shut down in Year 7. The annual cash flows for Years 1 to 7, respectively, are projected as $64,000, $87,000, $91,000, −$48,000, $122,000, $154,000, and −$30,000. If all negative cash flows are moved to Time 0 using a discount rate of 13 percent, what is the project's modified IRR?

Answers

Answer:

18.54%

Explanation:

The computation of the project modified IRR is shown below:

Here we use the spreadsheet for determining the IRR

but before that we need to find out the cash inflows

Years       Amount (in dollars)

Year 0: = - $278,191.12

              ($236,000 - $48,000 ÷ 1.13^4 -$30,000 ÷ 1.13^7)

Year 1: 64000

Year 2: 87000

Year 3: 91000

Year 4: 0

Year 5: 122000

Year 6: 154000

Year 7: 0

Now we use the excel

=IRR({-$278,191.12,$64,000,$87,000,$91,000,$0,$122,000,$154,000,0})

= 18.54%

Trident's corporate headquarters has assessed the performance of its various unrelated business units. In allocating money across these units, Trident uses its general organizational competencies to:

Answers

Answer: Increase value through internal capital market

Explanation: The general organizational competence may be regarded as the skills, personalities or industrial expertise showcased or exhibited by employees of a firm particularly it's top ranking workers who are involved in critical decision making. These competencies could help foster strategic plans required to accelerate the growth and development of the organization. Venturing into different markets by organizationa is called unrelated diversification which is the case with Trident as described in the scenario above, the method of resource and funding allocation on the basis performance of each of the business performed by the corporate headquarters which is achieved through general organizational competence has helped increase organization's value through internal capital markets.

On June 2, Year 1, Tory, Inc. issued $500,000 of 10%, 15-year bonds at 98.8. Interest is payable semiannually on June 1 and December 1. Discount at issuance was $6,000. Tory uses the straight-line method to amortize the discount, which does not differ materially from GAAP in this instance. On June 2, Year 5, Tory retired half of the bonds at 98. What is the net amount that Tory should use in calculating the gain or loss on retirement of debt

Answers

Answer:

$247,800

Explanation:

Discount on bonds payable = $6,000

The discount on bonds payable should be amortized during the 30 coupon payments = $6,000 / 30 = $200

Only 4 years have passed until the partial redemption of the bonds, $200 x 8 = $1,600 of the discount on bonds payable had been amortized. The carrying value of the bonds = $500,000 - ($6,000 - $1,600) = $495,600

Since 50% of the bonds are being retired, the net amount used to calculate the retirement = $495,600 / 2 = $247,800

Sam Consultancy has a large internal project to be initiated. To staff this project, Sam Consultancy is working with People Consultancy to provide three resources for six months. The resources will be part of the team managed by Sam Consultancy for six months. Which contract type should be used by Sam Consultancy?

Answers

Complete Question:

Sam Consultancy has a large internal project to be initiated. To staff this project, Sam Consultancy is working with People Consultancy to provide three resources for six months. The resources will be part of the team managed by Sam Consultancy for six months. Which contract type should be used by Sam Consultancy?

Group of answer choices

a. Purchase Order

b. Cost plus Fee

c. Fixed cost

d. Time and Material

Answer:

d. Time and Material

Explanation:

Time and material is a type of contract used mostly for construction or manufacturing services, in which the client pays the contractor's employees (workers) based on the amount of time spent and quantity of materials used for the execution of the project.

Generally, a Time and Material (T&M) is peculiar to projects that cannot be easily estimated by size or duration and when project requirements are likely to be changed.

Hence, a Time and Material (T&M) contract is considered to be more flexible and suitable for a long-term project than a fixed-cost contract.

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