Ethan and leigh-ann enter a shipment agreement

Assignment Help Financial Management
Reference no: EM131493134

Ethan and Leigh-Ann enter a shipment agreement in which Ethan agrees to sell Leigh-Ann exercise equipment. The terms of the agreement are delivery by a common carrier. Ethan places the exercise equipment with a common carrier for delivery. In transit, and accident causes destruction of the equipment. Who bears the risk of loss? Why?

Reference no: EM131493134

Questions Cloud

Financial services modernization act and dodd-frank act : Among the many laws enacted that affect commercial bank, two important ones are the Financial Services Modernization Act (FSMA) and the Dodd-Frank Act (DFA).
Discuss the functions of money markets : Discuss the functions of the Money Markets. Include in your discussion why it is important that Money Market have the following characteristics.
About market returns and interest rates on t-bills : You have the following expectations about market returns and interest rates on T-bills: What rate of return should you require on the stock of Biqing Company?
Rating agencies contribute to the financial crisis : Discuss the role of the credit Ratings Agencies. In what way did the Rating Agencies contribute to the financial crisis of 2008?
Ethan and leigh-ann enter a shipment agreement : Ethan and Leigh-Ann enter a shipment agreement in which Ethan agrees to sell Leigh-Ann exercise equipment.
How much can todd afford to borrow to buy car : Todd is able to pay $320 a month for 5 years for a car. If the interest rate is 6.3 percent, how much can Todd afford to borrow to buy a car?
Bonds current yield is equal to its yield to maturity : A zero coupon bond's current yield is equal to its yield to maturity.
Utilizing to get around millionaires provision in tax law : Describe, evaluate and justify the techniques corporations are utilizing to get around the millionaires’ provision in tax law.
You willing to pay today to purchase stock in this company : How much are you willing to pay today to purchase stock in this company if your required rate of return is 13 percent?

Reviews

Write a Review

Financial Management Questions & Answers

  Regarding corporate citizenship-ethics-shareholder wealth

A survey of Fortune 500 companies' executives said the following goal were most important to their firms: What is a firm's responsibility to society regarding corporate citizenship, ethics and shareholder wealth?

  Discuss the stock price performance of the holding company

Discuss the stock price performance of the holding company of the bank during the past three years. Remember the holding company may have other assets than the bank. But for almost all BHCs the bank is the largest asset.

  The spot price of a market index

The spot price of a market index is $1,085. A 9-month forward contract on this index is priced at $1,170. What is the profit or loss to a short position if the spot price of the market index is $1,095 on the expiration date?

  Individual retirement account with a contribution

Mary plans to fund her individual retirement account (IRA) with a contribution of $2,000 at the end of each of the next 10 years. If she can earn 12% on his contributions, how much will she have at the end of the twentieth year? Please note this is a..

  Assistance with retirement planning

Your client, Steven, age 43, has come to you for assistance with retirement planning. Given his current resources, does he have sufficient resources to achieve his retirement goal? Using calculations, show and explain your answer to Steven. Using the..

  Pricing one year loan with nonzero recovery

A borrower has a 5% chance of default on a $100 loan; If default occurs, the bank gets $60 back in principal and no interest; The bank sets the rate on the loan expecting 6% (3% inflation + 3% real) What is the interest rate the bank charges this bor..

  Company is considering an investment in new project

A company is considering an investment in a new project which would require $55,000 worth of (unrecoverable) capital expenditures and an increase of $45,000 in net working capital that will be recovered at the end of the project. Each year, starting ..

  Purchased office supplies on account costing

On August 15th RJH Inc purchased office supplies on account costing 13,000. There were no additional purchases during August or September. Office supplies on hand August 1st were worth 2,500, on August 31st were worth 8,000 and on September 30th were..

  Determine the initial investment and payback period

XYZ Co. is considering the purchase of a new machine. The machine will cost $250,000 and requires installation costs of $25,000. The existing machine can be sold currently for $25,070. It was purchased three years ago for $83,000 and depreciated usin..

  Value of continuously compounded nominal interest rate r

What is the value of the continuously compounded nominal interest rate r if the present value of 104 to be received after 1 year is the same as the present value of 110 to be received after 2 years?

  About the cash flows generated for him personally

John Smith is a wealthy activist investor who has a healthy interest in seeing companies in which he has an interest performs well. In general, he is more concerned about maintaining control over the companies he invests in (by having a majority of v..

  All financial crises involve bank runs

Gorton claims that all financial crises involve bank runs. An example of this is that interbank loans among domestically chartered commercial banks (nterbank loans, domestically chartered commercial banks, seasonally adjusted (H8/H8/B1045NDMAM) fell ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd