The owner of a house purchased a new home but decided to keep his old residence for a few months until the real estate market improved. He rented it to a tenant with the understanding that the tenant might have to move out in a few months if the house was sold. The tenant paid the owner the agreed rent of $100 per week every Friday. During the next few months, the owner's business suffered serious setbacks so he decided to sell his new home and move back into his old one. He informed the tenant that he would have to vacate the old home, but the tenant refused to vacate and tendered the $100 rental payment the following Friday, which the owner refused to accept. The owner immediately filed suit to eject the tenant. The jurisdiction requires that a statutory written notice be served on any tenant whose term is for less than month-to-month or is not for a fixed term at least three days prior to commencement of eviction proceedings. No written notice of any kind was given to the tenant. How should the owner characterize the tenant to gain immediate possession of his home

Answers

Answer 1

Answer:

the owner of the house would need to characterize the tenant as a licensee.

Explanation:

A licensee is a person that occupies a house but is not a tenant, therefore, he/she is not protected by the same laws that protect tenants. For example, a friend that stays in your house is considered a licensee or someone that stays in a hotel or lodge is also a licensee.


Related Questions

alan Associates prepared its financial statement for 2017 based on the information given here. The company had cash worth $1,234, inventory worth $13,480, and accounts receivables worth $7,789. The company's net fixed assets are $42,331, and other assets are $1,822. It had accounts payables of $9,558, notes payables of $2,756, common stock of $22,000, and retained earnings of $14,008. How much long-term debt does the firm have

Answers

Answer:

$18,334

Explanation:

Calculation to determine How much long-term debt does the firm have

Current assets = $1,234 + $7,789 + $13,480

Current assets = $22,503

Total assets = $22,503 + $42,331 + $1,822

Total assets = $66,656

Current liabilities = $9,558 + $2,756

Current liabilities= $12,314

Total stockholders' equity = $22,000 + $14,008 Total stockholders' equity= $36,008

Now let calculate the Long-term debt using this formula

Long-term debt = Total assets - Current liabilities - Total stockholders' equity

Let plug in the formula

Long-term debt = $66,656 - $12,314 - $36,008

Long-term debt = $18,334

Therefore How much long-term debt does the firm have is $18,334

While it is often sufficient to rely on informal methods of estimating the market value of real estate assets, the complexity and large dollar value of many real estate decisions dictate that formal estimates based on methodical collection and analysis of relevant market data should be utilized. The unbiased written estimate of the market value of a property is

Answers

Answer:

Appraisal

Explanation:

When the non formal methods for predicting the value of the real estate asset should be used and the complexity & large value wth related to the decision made by the real estate represent that the estimated are depend upon the method collection & the analysis made on the market data

So here non-biased predicted value of the market value with related to the property is known as the appraisal

During the month of March, Harley's Computer Services made purchases on account totaling $47,100. Also during the month of March, Harley was paid $13,400 by a customer for services to be provided in the future and paid $38,700 of cash on its accounts payable balance. If the balance in the accounts payable account at the beginning of March was $79,100, what is the balance in accounts payable at the end of March?

Answers

Answer:

$87,500

Explanation:

Balance in accounts payable = Opening balance + Purchase - Amount paid

Balance in accounts payable = $47,100 + $79,100 - $38,700

Balance in accounts payable =

So, he balance in accounts payable at the end of March is $87,500.

1.Is the demand for Good X Elastic or Inelastic between $9 and $10? Use the above demand schedule to answer this. explain(3 marks)




2.What happens to the Demand Curve of a Good X if the price of Good Y (a

substitute good) increases?Explain why the demand curve for Good X changed?(3 marks)





3.What type of demand would there be for a good that had NO substitutes? explain(2 marks)




4.There is an expectation that the

price of the product will soon

fall, what happens to demand(2 marks)

class 10 icse economics applications- chapter- demand pls help me i need urgent answer i will be very grateful pls help me


Answers

Answer:

1. Demand for good X is Elastic

2.   The demand curve for good X shifts outward or rightward.

If the price of good Y increases, good Y becomes more expensive. Thus, the quantity demand of good y decreases. Consumers shift to the consumption of good X. As a result, there would be an increase in the demand for good X. The demand curve for good X shifts outward or rightward.

3. Demand would be inelastic if there were no substitutes.

If there is an increase in the price of the good, consumers cannot not shift to the consumption of a cheaper substitute. As a result, quantity demand would be less sensitive to changes in price.

4. If there is an expectation of a future reduction in price, there would be a fall in demand now. the demand curve would shift inward or leftward.

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price  

If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.  

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one

Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.  

Infinitely elastic demand is perfectly elastic demand. Demand falls to zero when price increases  

Perfectly inelastic demand is demand where there is no change in the quantity demanded regardless of changes in price.

Elasticity of demand for good X = percentage change in quantity demanded / percentage change in price

percentage change in quantity demanded = (150 / 110) - 1 = 0.364 = 36.4%

percentage change in price = (9/10) - 1 = 0.1 = -10%

Elasticity = 36.4 / -10 = -3.64 = 3.64

the coefficient of elasticity is greater than one, so demand is elastic

2. Substitute goods are goods that can be used in place of another good.

If the price of good Y increases, good Y becomes more expensive. Thus, the quantity demand of good y decreases. Consumers shift to the consumption of good X. As a result, there would be an increase in the demand for good X. The demand curve for good X shifts outward or rightward.

3. Demand would be inelastic if there were no substitutes.

If there is an increase in the price of the good, consumers cannot not shift to the consumption of a cheaper substitute. As a result, quantity demand would be less sensitive to changes in price.

4. If there is an expectation of a future reduction in price, there would be a fall in demand now. the demand curve would shift inward or leftward.

A felon planned to break into the rental storage unit next to his that contained valuable electronic equipment. He went to a hardware store to purchase a crowbar. The proprietor sold him the crowbar even though he told her that he needed it to break into someone's storage unit. After the purchase, the felon went to the storage facility with his friend. The felon told the friend that he had lost the key to his storage unit and did not have time to contact the facility's manager, so they needed to break into the unit to get his equipment. Because the felon had a bad back, the friend pried open the door with the crowbar and carried the equipment out to the car. A silent alarm was triggered and the pair were apprehended shortly after leaving the facility. Can the proprietor and the friend be convicted as accomplices to larceny

Answers

Answer:

Yes.

The proprietor and the friend were accessories to the crime.  They could have prevented it, but they did nothing.  The friend even participated actively in the robbery.

Explanation:

In criminal law, an accessory to a crime refers to a person who knowingly and voluntarily participates in the commission of a crime, for example, breaking rental storage. They can be categorized as before the crime (the proprietor who sold the crossbar) or after the commission of the crime (the friend that facilitated the robbery).  Accessories to a crime need not be actually present at the scene of the robbery to be held liable for this crime.

What is the difference between a price floor and a price ceiling?
a. A price floor is the minimum price allowed for a good. A price ceiling is the maximum price allowed for a good.
b. A price floor is the maximum price allowed for a good. A price ceiling is the minimum price allowed for a good.
c. A price ceiling below the equilibrium price has no effect.
d. A price floor above the equilibrium price has no effect.

Answers

Hi there, mate!

Answer:

a. A price floor is the minimum price allowed for a good. A price ceiling is the maximum price allowed for a good.

Explanation:

As the name suggests, a price floor is the lowest amount of money the price of a good can be. For example, if you were selling a dress, there is a price floor. There is also a price ceiling. You can not go over the price ceiling if you want to get more customers. So, the answer to the question is option A.

Answer: The correct answer is A

What "Super Union" had taken on railroad companies and factories to improve the conditions for workers?

( 1 )
Knights of Labor

( 2 )
International Workers of the World (IWW)

( 3 )
American Federation of Labor (AFL)

( 4 )
American Railway Union (ARU)

Answers

Explanation:

4th one is the answer

American Railway Union (ARU)

Trình bày khái niệm đặc điểm của môi trường vĩ mô, môi trường vĩ mô gồm những yếu tố nào, phân tích môi trường kinh tế trong môi trường vĩ mô ? Ví dụ

Answers

Môi trường vĩ mô là môi trường trong đó, các yếu tố là những nguồn lực, thể chế bên ngoài có khả năng tác động, ảnh hưởng tích cực hoặc tiêu cực đến hoạt động Marketing của doanh nghiệp và các yếu tố trong môi trường vi mô của doanh nghiệp.

Calculate how many hours his non-salary employees will take to create a large order of 1,000 shoes. What kind of budget would Jose create?

Answers

This question is incomplete but will answer this based on what I guess you're asking.

Answer and Explanation:

Assume there are 10 employees for the small factory that makes shoes.

Let's assume each non-salary employee spends 30 minutes on each pair of shoes before it finishes, and charges $10 per hour.

1000 pairs of shoes would take 1000×0.5×10= 5000 hours(208 days and a few hours)

Total budget for non-salary employees= 5000 hrs×$10= $50000

Therefore Jose would need a $50000 budget given the variables above.

D. Short answer questions:
a. Compare the monopoly’s price and quantity with that of a
perfectly competitive firm’s. Which is better for the consumer?
b. How can government regulation of a monopoly increase the
allocative efficiency of the monopoly?

Answers

Answer:

Explanation:

a. Monopoly has no competition so it can charge a higher price and produce less quantity when compared to a perfectly competition.  For a consumer, perfectly competition which provides more goods at a lower price is better.

b. Due to lack of competition, monopoly does not have to be efficient in its resource allocation.  To increase the allocative efficiency, the government can pass regulation to limit price charged and increase quantities of goods produced by the monopoly.

Answer:

Explanation:

compared 2 perfectly competitive firms, monopoly charges higher price and produces less quantity.

perfectly competitive firms are better for consumer

govt regulation can increase monopoly's efficiency by putting restriction on price n requiring quantity of goods produced.

Acme, Inc., which manufactures the fireworks that municipal governments buy to put on their annual fireworks shows on the Fourth of July, moved most of its manufacturing operations from the United States to China a decade ago. Now, Spark is moving production back to the United States because the company's managers are uncomfortable with many Chinese business practices. Acme, Inc. engages in ________ when it moves its operations back to the United States. Group of answer choices offshoring reshoring outsourcing globalizing countertrading

Answers

Answer:

I believe this answer would be reshoring.

Explanation:

I'm sorry in advance if this is wrong, if it is let me know and I will correct it.

Annie must pay
v in taxes to the state
government on her investment.
She also must pay
v in taxes to the federal
government
As a result of the money she will lose to taxes, the real
value of Annie's profit is

Answers

Answer:

Annie must pay $200 in taxes to the state government on her investment. She also must pay $1,000 in taxes to the federal government. As a result of the money she will lose to taxes, the real value of Annie’s profit is $2,800.

Explaination:

I completed the assignment on Edge! These are the correct answers.

As a result of the money she will lose to taxes, the real value of Annie’s profit is 2800.

What is a taxes?

Taxes are compulsory payments made by a government institution, if local, regional, or federal, to people or businesses. Tax money is used to finance government programs, as well as public infrastructure and services like highways and schools. Tax imposed by the government on the earnings of employees and indeed the profits of businesses, or a charge included in the price about some goods, services, and interactions.

State government tax will be determined as

=$4,000×5%

=$200

Taxes to the federal government will be determined as

Federal government tax  will be determined as

=$4,000×25%

=$1,000

The real value of Annie’s profit  will be determined as

Profit=$4,000-($200+$1,000)

=$4,000-$1,200

=$2,800

Learn more about taxes, here:

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The question is incomplete, the complete question is:

Annie invested in a set of stocks and made $4,000 in profit. She has learned that she will have to pay taxes on the profit she has made. Here are the tax rates affecting Annie’s investment: State tax: 5% Federal tax: 25% Annie must pay in taxes to the state government on her investment. She also must pay in taxes to the federal government. As a result of the money she will lose to taxes, the real value of Annie’s profit is

The Brown family's dinner bill was 75 89 and they lert 1000 as a tip. What percent was the tip?
ON
138

Answers

Answer:

Percentage of tip = 13.18% (Approx.)

Explanation:

Given:

Total amount of dinner bill = 7,589

Amount of tip = 1,000

Find:

Percentage of tip

Computation:

Percentage of tip = [Amount of tip / Total amount of dinner bill]100

Percentage of tip = [1,000 / 7,589]100

Percentage of tip = [1,000 / 7,589]100

Percentage of tip = [0.131769]100

Percentage of tip = 13.1769

Percentage of tip = 13.18% (Approx.)

Jason and Ed have a business idea that they plan to commercialize. They approach an independent investor to raise funds for their business. If they can impress the investor with their business idea, the investor will agree to provide the necessary amount of money in return for some ownership share in the company. The independent investor that Jason and Ed are banking on is referred to as a

Answers

Answer:

The answer is "venture capitalist".

Explanation:

The venture capitalists are a private equity adequate time and resources equity to companies with a high potential for growth in exchange for an equity stake. This might finance new companies or support local businesses that want to expand but don't have access to equity markets. It aims to generate returns to individual liability thru the financing of innovations and through the assistance of businesses.

A U.S. corporation builds an amusement park in France. Its expenditures are U.S. a. foreign portfolio investment that increase U.S. net capital outflow. b. foreign portfolio investment that decrease U.S. net capital outflow. c. foreign direct investment that increase U.S. net capital outflow. d. foreign direct investment that decrease U.S. net capital outflow.

Answers

Answer:

C)Foreign direct investment that increase US net capital outflow

Explanation:

From the question we are informed about A U.S. corporation who builts an amusement park in France. In this case, Its expenditures are U.S. Foreign direct investment that increase US net capital outflow. An expenditure can be regarded as payment used in purchasing goods or services either with cash or credit. It is regarded as money been spent on something. A foreign direct investment (FDI) can be regarded as an investment which is been set up by a firm or individual in ones country having business interests which is been located in another country. foreign direct investment do occur when foreign business operations is been set up by an investor or the investor is a able to acquire business assets in particular

foreign company.

Frictional unemployment is inevitable because: Please choose the correct answer from the following choices, and then select the submit answer button. Answer choices many wages are above the equilibrium wage for that market. the expansion phase of the business cycle leads to increases in unemployment. the recession phase of the business cycle leads to increases in unemployment. new workers are constantly entering the job market, and jobs are constantly created and destroyed.

Answers

Answer:

a

Explanation:

quizlet

Which of the following is TRUE? " When a market price allocates resources, everyone who is able to pay the price gets the resource. " A command system works well when the lines of authority and responsibility are clear. " When the government decides how to allocate tax dollars among competing uses, resources are allocated by command." " When a manager offers everyone in the company the opportunity to win a prize, resources are allocated by a market price."

Answers

Answer: When a market price allocates resources, everyone who is able to pay the price gets the resource.

Explanation:

The market allocates prices to goods and services based on the scarcity of the said goods and services. This means that regardless of how scarce a good is, you can get it if you are willing to pay the price that it is being offered at.

For instance, if the price of tomatoes suddenly went up from $4 to $12 per pack, it means that tomatoes are now more scarce and not many people can afford it. If you can afford that $12 however, you will be able to get the tomatoes despite how scarce it is.

Staind, Inc., has 7.5 percent coupon bonds on the market that have 10 years left to maturity. The bonds make annual payments. If the YTM on these bonds is 8.75 percent, what is the current bond price?

Answers

Answer:

Explanation:

Assuming the face value of the bond = $1000. Interest = 1000*7.5% = $75

Current Price = Interest * PVAF (10 years, 8.75%) + Maturity Value * PVF (8.75%, 10 Years)

Current Price = $75 * 6.4889 + $1000*0.4322

Current Price = $486.67 + $432.20

Current Price = $918.87

So, the current bond price is $918.87

Hutchison Whampoa Limited (HWL) has businesses in ports and related services, telecommunications, property and hotels, retail and manufacturing, and energy and infrastructure. HWL makes no efforts to share activities or transfer core competencies among the businesses. HWL is following a strategy of __________ diversification. a. dominant business b. unrelated c. related linked d. related constrained

Answers

Answer: b. unrelated

Explanation:

There are several types of diversification strategies that a company can follow in order to better take advantages of the opportunities offered by integrating business interests in various industries.

Some companies are not like this however as they follow an unrelated diversification policy where they do not integrate the different divisions that make up the company or make any effort to transfer core competencies. Instead they generally add divisions that do not relate with the previous divisions that they have and leave them to run on their own.

This is what Hutchison Whampoa is doing so this is an unrelated diversification strategy.

g If the beginning work in process includes 200 units that are 20% complete with respect to conversion and 30% complete with respect to materials. Ending work in process includes 100 units that are 40% complete with respect to conversion and 50% complete with respect to materials. If 1,000 units were started during the period, what are the equivalent units of productions for the period (using the weighted-average method) for conversion

Answers

Answer:

1,140 units

Explanation:

Note : The question requires us to use the weighted-average method. This method focuses on equivalent units of completed units and units still in process only.

Step 1 : Determine units completed and transferred

Units Completed = Beginning units + Units Started - Ending units

                              = 200 + 1,000 - 100

                              = 1,100 units

Step 2 : Calculate equivalent units of production with respect to conversion costs

Completed and transferred (1,100 x 100%)         1,100

Ending units (100 x 40%)                                         40

Total equivalent units of conversion costs         1,140

thus,

the equivalent units of productions for the period (using the weighted-average method) for conversion is 1,140 units.

A fire in Sarah’s factory causes her to shut the factory doors for 50 days. To limit her loss of income and keep production going, Sarah spends $125,000 renting equipment and another building. Sarah's commercial property policy doesn't have Business Income Coverage, but it does include Extra Expense Coverage. The limit on her Extra Expense coverage is $100,000 and she has Limits of Loss Payment of 40%/80%/100% during her period of restoration. How much indemnification will Sarah receive for her extra expenses?

Answers

Answer:

$80,000

Explanation:

Calculation to determine How much indemnification will Sarah receive for her extra expenses

First step is to determine her Limits of Loss Payment

Limits of Loss Payment=$100,000/$125,000

Limits of Loss Payment=0.80*100

Limits of Loss Payment=80%

Now let calculate her Indemnification amount using this formula

Indemnification amount =Extra Expense coverage*Limits of Loss Payment

Let plug in the formula

Indemnification amount =$100,000*80%

Indemnification amount =$80,000

Therefore the amount of indemnification that Sarah will receive for her extra expenses is $80,000

A resource-based strategy Multiple choice question. focuses on efficient execution of both primary and supporting components of the company's value chain. targets areas of potential cost-reduction in the company. can be achieved by exploiting resources that are competitively valuable, rare, and hard to imitate by rivals. will only be effective it if overcomes all weaknesses identified through a SWOT analysis.

Answers

Answer:

can be achieved by exploiting resources that are competitively valuable, rare, and hard to imitate by rivals

Explanation:

A resource-based strategy is a form of the technique used by business managers to efficiently utilized the existing and valuable resources of the firm. These resources would be difficult to come by for the competitors such that it is hard for competitors to replicate. Thereby leading a sustainable or long term competitive advantage to the firm

Hence, in this case, the correct answer is A resource-based strategy "can be achieved by exploiting resources that are competitively valuable, rare, and hard to imitate by rivals."

You have been given the choice to invest $1,200 each year in an account that is expected to pay 3 percent per year or you can invest in an account that pays 4 percent. What is the difference between the returns, if you choose to invest for four years

Answers

Answer:

$4872.48

Explanation:

future value = amount x annuity factor

Annuity factor = {[(1+r)^n] - 1} / r

r = 4% - 3% = 1%

1200 x [(1.01)^4 - 1] / 0.01 = $4872.48

The systems viewpoint sees organizations as entities made up of four interrelated parts known as Group of answer choices inputs, outputs, transformation processes, and feedback. planning, design, inputs, monitoring, outputs, and follow-up feedback. vision, planning, design, production, monitoring, and follow-up feedback. planning, inputs, monitoring, outputs, and feedback. planning, design, monitoring, production, and feedback.

Answers

Answer:

inputs, outputs, transformation processes, and feedback.

Explanation:

The viewpoint of the system that could see the organziation as the entities as they should be made of the input as the raw material, output as the finished product, transformation process as when the raw material is converted into the finished product and the feedback as the client feedback related to the product and service

So as per the given situation the above should be the answer

what is photo synthesis?​

Answers

Answer:

photo synthesis is the process in which green plants use water and carbon dioxide to create their food.

A polycentric predisposition means: that Polynesian companies are more effective than companies from other cultures. individuals have a philosophy of management whereby strategic decisions are tailored to suit the cultures of the countries where the MNC operates. individuals have a way to look at multiple issues and make the same decision no matter what country they are working in. that people from more than two races can function better in international businesses.

Answers

Answer:  individuals have a philosophy of management whereby strategic decisions are tailored to suit the cultures of the countries where the MNC operates.

Explanation:

The cultures and norms of the various countries of earth vary in certain aspects so we cannot expect a formula that works in a country to work in another country. There is a need to tailor what we are offering to the culture of the country we are offering it in for us to have a chance at selling our product.

This is what a polycentric predisposition is and it is very important and useful to Multinational companies that have to sell in various countries. For instance, McDonalds cannot sell beef in India but can sell it in the United States. They tailor made their burgers to reflect the values in both countries.

Gray uses Hofstede's cultural values that were discussed in Chapter 1 to:
a Set forth accounting values that can be used to define a country's cultural foundation with respect to financial reporting
b Set forth corporate governance provisions that define an ethical organization culture
c Define what is meant by the public interest in accounting
d Define what is meant by internal controls over financial reporting in a cultural context

Answers

Answer:

a. Set forth accounting values that can be used to define a country's cultural foundation with respect to financial reporting.

Explanation:

Gray Hofstede's presented six dimensions of cultural values. Power distance index, Individualism vs collectivism, Masculinity vs Femininity, Uncertainty Avoidance Index, Long term vs short term orientation, Indulgence vs Restraint. He used footing for comparing state based accounting values. He set accounting values to define a country's cultural foundation with respect to financial reporting.

Tax planning Question 6 options: guides investment activities to maximize after-tax returns over the long term for an acceptable level of risk. ignores the source of income and concentrates solely on the amount of income. is primarily done by individuals with incomes below $200,000. is limited to reviewing income for the current year and determining how to minimize current taxes.

Answers

Answer:

guides investment activities to maximize after-tax returns over the long term for an acceptable level of risk

Explanation:

Given that the purpose of Tax planning is to ensure that there is tax efficiency for the firm, in an after-tax evaluation, the goal of the firm in terms of returns or profits is toll achieved.

Hence, in this case, the correct answer to the question is that TAX PLANNING "guides investment activities to maximize after-tax returns over the long term for an acceptable level of risk."

Question 8 of 15
What is the value of a yearly compensation package that includes a $42,000
salary, the full cost of a $200-per-month health insurance plan, and the full
cost of a $35-per-month life insurance premium?
A. $42,620
B. $42,235
C. $44,435
D. $44,820

Answers

Answer:$44,820

Explanation:

What is the difference between total output and labour productivity?

Answers

Answer:

Productivity is the rate of efficiency by which a company produces goods and services. Thus, output is only one part of the equation used to measure efficiency. ... If the company spends more on its input than it receives in output, it is not efficient.

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