Answer:
The answer is: Signal will not succeed on their claims.
Explanation:
In order for acceptance of a product to be valid, the buyer must accept the products after inspection and give formal acceptance, or fail to reject the products after a reasonable time for inspection. Only after the products are accepted does the buyer lose any rights to revoke acceptance.
In this case, Turner accepted the TVs based on Signal's promise that they were in perfect condition, but after inspection, Turner can revoke that acceptance do to damages on the products.
Both companies agreed that the payment should be done upon delivery, but there was no specific payment method. Turner tried to pay with a check that Signal rejected. Signal cannot demand a cash payment because a check is a valid payment.
Answer:
Licensing
Explanation:
Licensing can be defined as a business agreement in which a company gives permission to another company to produce it product by issuing a license in exchange for a fee called royalty.
The license is the legal agreement between the two firms.
The firm that issues the license to another firm is called the LICENSOR
The firm that receives the license is called the LICENSEE.
Nintendo company is the licensor who gives permission/license to the game-design firms to manufacture it product.
The game-design firms is the licensee who receives the license/permission to produce another firm's product.
The game-design firms pay royalty to Nintendo company for giving it a license.
Answer: Endowments
Explanation:
The institutional investors that most likely must spend a target percentage of the portfolio annually is the endowments.
Endowment fund refers to the long term fund that is used for perpetual operations and usually set up by colleges or in hospitals
The fund then covers the expenses relating to provision of services for the students. A portion of the endowment is allowed to be use for every fiscal year.
Answer:
The correct option is A ,earnings per share is $2.84
Explanation:
Earnings per share is given earnings attributable to ordinary shareholders divided weighted average common shares.
The net income needs to be adjusted to reflect only earnings distributable to common shares.
Earnings to common stocks=$32670-$4600
=$28070
Weighted average common shares=9900
Earnings per share=$28070/9900
=$2.84 per share
Option B is wrong because it calculated earnings per share with net income instead of earnings of common shareholders($32670/9900=$3.30)
