Tovin sold his house to Lake in the morning. Later the same day, Tovin sold the same house to Andre. Andre recorded the deed at once. Lake did not record the deed he received until two days later. Who legally owns the property?
Andre. As protection for the buyer, all deeds must be registered in a public office. Since Andre recorded the deed that he received promptly and properly, he is the legal owner. Lake can, of course, sue Tovin.
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Reliability answers the important question of
A. intelligence in employees. B. how many errors something can achieve while still being considered useful. C. how you are measuring correlation coefficients. D. whether you are measuring something that matters. E. whether you are measuring something accurately.
Coomb's Fashions forecasts sales of $125,000 for the quarter ended December 31. Its gross profit rate is 20% of sales, and its September 30 inventory is $32,500. If the December 31 inventory is targeted at $41,500, budgeted purchases for this quarter should be:
A. $91,500. B. $91,000. C. $25,000. D. $134,000. E. $109,000.
The alternative minimum tax (AMT) was created by Congress to make it more difficult for wealthy individuals to avoid paying taxes through the use of various deductions.
Answer the following statement true (T) or false (F)
An anti-raiding covenant is one in which:
a. one party promises not to sue another in case of an injury caused by a tort or some other event b. an employee agrees not to leave and go into competition against the employer or go to work for a competitor for a certain time c. an employee agrees to recruit fellow employees for another company when they leave their current place of employment d. an employee agrees not to use illegal substances e. none of the other choices are correct