Hannah allowed her friend Carol to borrow her laptop computer for a week during Thanksgiving Break. During that time Carol, without permission from Hannah, sold the laptop to a friend in one of her classes. When Hannah and Carol returned from the break Carol told her that she had sold the laptop because the amount offered by the buyer was "too good to pass up." She then gave the money to Hannah, who said "WOW" and "THANK YOU" and kept the money. Based on these facts is the contract of sale valid against Hannah?

Exercise 8-6 goods in transit [lo8-2] the kwok company's inventory balance on december 31, 2016, was $190,000 (based on a 12/31/16 physical count) before considering the following transactions: 1. goods shipped to kwok f.o.b. destination on december 20, 2016, were received on january 4, 2017. the invoice cost was $35,000. 2. goods shipped to kwok f.o.b. shipping point on december 28, 2016, were received on january 5, 2017. the invoice cost was $22,000. 3. goods shipped from kwok to a customer f.o.b. destination on december 27, 2016, were received by the customer on january 3, 2017. the sales price was $45,000 and the merchandise cost $27,000. 4. goods shipped from kwok to a customer f.o.b. destination on december 26, 2016, were received by the customer on december 30, 2016. the sales price was $25,000 and the merchandise cost $18,000. 5. goods shipped from kwok to a customer f.o.b. shipping point on december 28, 2016, were received by the customer on january 4, 2017. the sales price was $30,000 and the merchandise cost $17,000. required: determine the correct inventory amount to be reported in kwok's 2016 balance sheet.

What is a sort of auction for stocks in which traders verbally submit their offers?

What is one counter argument to the premise that the wealth gap is a serious problem which needs to be addressed?