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Questions -
Q1. Assume that the owner sells the droid but Plutt only pays 20 portions. The owner sues Plutt for the balance of money owed under the contract. What sort of contract damages would describe these damages for the lost profits?
Q2. Assume that instead Plutt reaches a valid agreement buy the one-of-a-kind droid from its owner for 60 portions (or $60,000.00). However, the owner becomes sentimentally attached the droid and refuses to complete the agreement. What equitable remedy might Plutt seek if the owner refused to follow-through on the sale of the unique droid? How does this remedy work?
Q3. Dr. Ford designs a new kind of thinking robot. He intends to use the very lifelike machines to build a Western-themed amusement park. He will call the park Western-World. Ford hopes to be able to bring in thousands of investors across the world to support his venture. What business form would you recommend for the theme park?
NTCorp has a large sugar cane plantation in this area. Outline the key additional procedures you should have performed in relation to each of the above events
Terry, purchased her stock from a previous shareholder (a nonresident alien) on January 18, 2019. Identify any potential problems for Terry
What is the core competency of the professional accountant? What skills will be needed to develop the current accountant into the future accountant
What is the best way to handle manufacturing overhead costs in order to get the most timely job cost information?
Which associations are good for forensic accounting, fraud examination, accounting, and auditing? If you belong to any associations.
Calculate the dividends per share on each class of stock for each of the four years. Round all answers to nearest whole cent. If no dividends are paid in a given year, enter 0.
Staple Ltd was incorporated on the 1st July 20X2. Prepare the general journal entries in the records of Staple Ltd to record all the events
How does the accounting for sales to customers using bank credit cards, such as MasterCard and VISA, differ from accounting for sales to customers.
Taber Corporation distributes $100,000 to its sole, noncorporate shareholder. What is the amount of the distribution that is a dividend
Calculate the ending inventory, using the perpetual inventory method
Compute 2010 depreciation expense using the straight-line method assuming the machinery was purchased on September 1, 2010.
Wyoming wire produces 125-gauge barbed wire that is retailed through farm supply companies. What world be the dollar effect on pre tax income
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