A transfer of some portion of a contract's rights and corresponding duties means that:

A) Rights are assigned and duties are delegated.
B) Rights and duties are never permitted to be assigned.
C) Duties are assigned and rights are delegated.
D) Rights and duties are discharged.


A

Business

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Use the following information as of December 31 to determine equity.  Cash$ 66,000Buildings184,000?Equipment215,000?Liabilities150,000?

A. $315,000. B. $615,000. C. $150,000. D. $465,000. E. $66,000.

Business

Donna gets her paycheck from Erstwhile Financial Services, Inc., her employer, and attempts to deposit it in her account at First National Bank. Grey, the bank's teller, notices that on the check the amount stated in words is different from the amount stated in numerals. Which amount can the bank lawfully credit to Donna's account?

What will be an ideal response?

Business

The tax liability of a corporation with ordinary income of $1,100,000 is ________

Range of taxable income Marginal rate $0 to $50,000 15% 50,000 to 75,000 25 75,000 to 100,000 34 100,000 to 335,000 39 335,000 to 10,000,000 34 10,000,000 to 15,000,000 35 15,000,000 to 18,333,333 38 Over 18,333,333 35 A) $362,250 B) $340,000 C) $374,000 D) $390,000

Business

When an organization bases employees' pay on the number of units each employee produces, it is using a(n) ________ plan.

A. commission pay B. piece-rate C. merit D. profit sharing E. stock option

Business