Business, 11.11.2020 05:30 alannismichelle9
43. Postdated Check Gentilotti, father of an illegitimate son, drew a check for
$20,000 in 1969 payable to the son's order. The check was dated July 1, 1985, bu
provided on the face of the check that, should Gentilotti die before that date, "this
check shall be payable immediately.β Gentilotti issued the check to the son's mother,
the legal guardian. Gentilotti died on July 4, 1980. Despite the available funds, the
bank, acting on orders of Gentilotti's executor, refused payment when the check was
presented. The drawer's executor refused payment on the grounds that the obligation
was not due. Was the postdated check valid? [Smith v. Gentilotti, 359 N. E.2d 953
(Massachusetts)]
Answers: 2
Business, 22.06.2019 02:30
On january 1, 2018, jay company acquired all the outstanding ownership shares of zee company. in assessing zee's acquisition-date fair values, jay concluded that the carrying value of zee's long-term debt (8-year remaining life) was less than its fair value by $21,600. at december 31, 2018, zee company's accounts show interest expense of $14,440 and long-term debt of $380,000. what amounts of interest expense and long-term debt should appear on the december 31, 2018, consolidated financial statements of jay and its subsidiary zee? long-term debt $401,600 $398,900 $401,600 $398,900 interest expense $17,140 $17,140 $11,740 $11,740 a. b. c. d.
Answers: 3
Business, 22.06.2019 19:00
By 2020, automobile market analysts expect that the demand for electric autos will increase as buyers become more familiar with the technology. however, the costs of producing electric autos may increase because of higher costs for inputs (e.g., rare earth elements), or they may decrease as the manufacturers learn better assembly methods (i.e., learning by doing). what is the expected impact of these changes on the equilibrium price and quantity for electric autos?
Answers: 1
Business, 22.06.2019 19:30
The owner of firewood to go is considering buying a hydraulic wood splitter which sells for $50,000. he figures it will cost an additional $100 per cord to purchase and split wood with this machine, while he can sell each cord of split wood for $125. if, for this machine, design capacity is 50 cords per day, effective capacity is 40 cords per day, and actual output is expected to be 32 cords per day, what would be its efficiency?
Answers: 1
Business, 22.06.2019 19:30
Do a swot analysis for the business idea you chose in question 2 above. describe at least 2 strengths, 2 weaknesses, 2 opportunities, and 2 threats for that company idea.
Answers: 2
43. Postdated Check Gentilotti, father of an illegitimate son, drew a check for
$20,000 in 1969 pay...
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