Francie drives into Gage’s Auto Service and asks Hong, a Gage’s employee, to replace a tire on Francie’s car.
After Hong replaces the tire, but before Francie pays for it, any contract between Francie and Gage’s is:
a) executed.
b) executory.
c) void.
d) unenforceable.
Answers: 1
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Don’t give me to many notifications because it will cause you to lose alot of points
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Coop inc. owns 40% of chicken inc., both coop and chicken are corporations. chicken pays coop a dividend of $10,000 in the current year. chicken also reports financial accounting earnings of $20,000 for that year. assume coop follows the general rule of accounting for investment in chicken. what is the amount and nature of the book-tax difference to coop associated with the dividend distribution (ignoring the dividends received deduction)?
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