John steals an old, battered bicycle that is parked, unlocked, in front of a convenience store. He repairs, paints, and replaces parts on the bike until it is like new. The original owner, Kim, claims the bike. The bike belongs to

A. John and Kim as owners in common.
B. John because he made substantial improvements to it.
C. John because Kim claimed it only after John improved it.
D. Kim because John stole it.


Answer: D

Business

You might also like to view...

The statement of cash flows is divided into three sections: cash flows from operating activities, cash flows from investing activities, and cash flows from financing activities

a. True b. False Indicate whether the statement is true or false

Business

The primary purpose of the ________ plan is to specify the marketing activities for a specific period of time.

A. organizational B. strategic C. business D. resource E. marketing

Business

Consider the following T-account in the ledger of Gibbs Company. The company uses the perpetual inventory system.Merchandise Inventory5,000400  What business event would result in the $400 credit?

A. A purchase allowance granted to Gibbs. B. A purchase return by Gibbs. C. The cost of goods sold by Gibbs. D. All of these answer choices are correct.

Business

Supply chain coordination improves if all stages of the chain take actions that are aligned and together increase total supply chain surplus

Indicate whether the statement is true or false.

Business