You go to a flea market and buy a used color TV set for $100. One day you receive a notice that the owner of the TV, which had been stolen from her house and sold by the thief at the flea market, wants the set back. She says if you do not return the TV she will sue you for:
a. conversion, and probably win even though you did not know the set was stolen
b. fraud, and probably win even though you did not know the set was stolen
c. conversion, and probably lose because you did not know the set was stolen
d. fraud, and probably lose because you did not know the set was stolen
e. theft, and probably lose because you did not know the set was stolen
Answers: 2
Business, 22.06.2019 01:30
How will firms solve the problem of an economic surplus a. decrease prices to the market equilibrium price b. decrease prices so they are below the market equilibrium price c.increase prices
Answers: 3
Business, 22.06.2019 03:30
When the federal reserve buys and sells bonds to member banks, it is called a. monetary policy b. reserve ratio c. interest rate adjustment d. open market operations
Answers: 2
Business, 22.06.2019 09:40
As related to a company completing the purchase to pay process, is there an accounting journal entry "behind the scenes" when xyz company pays for the goods within 10 days of the invoice (gross method is used for discounts and terms are 2/10 net 30) that updates the general ledger?
Answers: 3
Business, 22.06.2019 11:10
Use the information below to answer the following question. the boxwood company sells blankets for $60 each. the following was taken from the inventory records during may. the company had no beginning inventory on may 1. date blankets units cost may 3 purchase 5 $20 10 sale 3 17 purchase 10 $24 20 sale 6 23 sale 3 30 purchase 10 $30 assuming that the company uses the perpetual inventory system, determine the gross profit for the month of may using the lifo cost method.
Answers: 1
You go to a flea market and buy a used color TV set for $100. One day you receive a notice that the...
Social Studies, 16.10.2020 04:01
Social Studies, 16.10.2020 04:01
Mathematics, 16.10.2020 04:01
Mathematics, 16.10.2020 04:01
Health, 16.10.2020 04:01
History, 16.10.2020 04:01
Mathematics, 16.10.2020 04:01
Mathematics, 16.10.2020 04:01
Mathematics, 16.10.2020 04:01
Mathematics, 16.10.2020 04:01