A check register shows a balance of $2,100.00 before adding a deposit of $191.11 and writing two checks for $921.34 and $89.77 . Compute the new cash balance shown in the check register
$1,280.00
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Financial Accounting Concepts establish generally accepted accounting principles
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Paul has a contract to sell i-watches to a Jo Ann in Vietnam, and enter into a contract to purchase the i-watches from Gregory in Silicon Valley. The Vietnam Government banned i-watches imported into the country. Consequently, Paul cancels the contract with Gregory. Is "frustration of purpose" recognized in the United States?
A) Breach of contract B) Recognized in the United States C) Generally not recognized in the United States D) Anticipatory repudiation
Which of the following is not a classification of ordinary bailments?
A) for the sole benefit of the bailor B) for the sole benefit of the bailee C) for the sole benefit of the third party beneficiary D) for the mutual benefit of the bailor and the bailee