Business, 06.05.2020 07:07 djmelodiedaniels
Tom tries to sell his classic car to Victoria for $12,000. Tom tells Victoria, "I paid $12,000 for the car in 1978 and it's worth twice that today." Tom really paid $8,000 for the car in 1978. If Victoria buys the car, basing her decision on Tom's statement, which of the following correctly states the situation?
a. Tom's statements amount to puffing only.
b. Tom's statements provide grounds to set the contract aside.
c. Tom's statements are actionable only if intentional.
d. Tom's statements amount to fraud in the execution.
Answers: 3
Business, 22.06.2019 11:30, zahradawkins2007
Marta communications, inc. has provided incomplete financial statements for the month ended march 31. the controller has asked you to calculate the missing amounts in the incomplete financial statements. use the information included in the excel simulation and the excel functions described below to complete the task
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Business, 22.06.2019 18:00, tifftiff22
On september 1, 2016, steve loaned brett $2,000 at 12% interest compounded annually. steve is not in the business of lending money. the note stated that principal and interest would be due on august 31, 2018. in 2018, steve received $2,508.80 ($2,000 principal and $508.80 interest). steve uses the cash method of accounting. what amount must steve include in income on his income tax return?
Answers: 1
Business, 22.06.2019 19:30, alejandra340
Adisadvantage of corporations is that shareholders have to pay on profits.
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Tom tries to sell his classic car to Victoria for $12,000. Tom tells Victoria, "I paid $12,000 for t...
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