Constructive eviction would result in a discharge of any obligation to pay rent if:
a. proper notice is given to the landlord.
b. the tenant abandons possession within a reasonable time.
c. the tenant fixes the problem.
d. the tenant serves the landlord with a court order.
b
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Voltaic Electronics uses a standard part in the manufacture of different types of radios. The total cost of producing 35,000 parts is $105,000, which includes fixed costs of $50,000 and variable costs of $55,000. The company can buy the part from an outside supplier for $2 per unit and avoid 20% of the fixed costs. Assume that the company can use the freed manufacturing space to make another product that can earn a profit of $16,000. If Voltaic outsources, what will be the effect on operating income?
A) increase of $11,000 B) decrease of $11,000 C) decrease of $10,000 D) increase of $16,000
On December 1, Victoria Company signed a 90-day, 6% note payable, with a face value of $15,000. What is the journal entry to record the issuance of the note on December 1?
A. Debit Cash, $15,225; Credit Notes Payable, $15,000, Credit Interest Payable, $225. B. Debit Cash, $15,000; Credit Notes Payable, $15,000. C. Debit Cash, $15,000; Debit Interest Expense, $225; Credit Notes Payable, $15,225. D. Debit Cash, $15,000; Debit Interest Expense, $75; Credit Notes Payable, $15,000; Credit Interest Payable, $75. E. Debit Cash, $15,000; Debit Interest Expense, $75; Credit Notes Payable, $15,075.
According to job characteristics theory, when students tell professors they hope to take more courses with them, this high level of identity positively affects the professors' job satisfaction.
Answer the following statement true (T) or false (F)
The adequacy of consideration, while not important to the existence of consideration, may be relevant to the availability of certain defenses or remedies
Indicate whether the statement is true or false