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1. Mr. Ess, the owner of the SS Skimpy and an American citizen, borrows money from Multi Bank in London to outfit his ship, giving the bank a maritime lien on the ship. Mr. Ess sells the ship to Mr. Tee, a Canadian. Mr. Tee is not aware of the lien and was not aware that Mr. Ess had defaulted on the loan. When the ship pulled into a British port, the bank arranged for the ship to be arrested (seized) and sold to pay off the balance due on the loan. Can the bank do this? What recourse does Mr. Tee have?
What is the minimum price Slugger should charge just to break even on the special order? Discuss potential problems Slugger could face if it accepted the order
carson morris worked two separate jobs for horwath company during the week. job a consisted of 36 hours at 16.00 per
throughout the corporate world businesses are transforming labor into a more flexible and variable cost. among such
lightfoot inc. a software development firm has stock outstanding as follows 40000 shares of cumulative preferred 1
A Debt Service Fund previously retired the total principal and the interest in full on an out-standing bond issue. Currently the fund carries a balance of $ 300,000. These resources can be spent by the General Fund in any way the city manager cons..
the following information concerns production in the forging department for september. all direct materials are placed
if a 10000 sale is made on january 1st with terms of 210n30 how much would the discount be if payment is made on
On August 1, 2010, Dambro Co acquired 200, $1,000, 9% bonds at 97 plus accrued interest. The bonds will be added to Dambro's available for sale portfolio. The bonds were dated May 1, 2010, and mature on April 30, 2016, with interest paid each October..
Decide as a team whether Kudler should purchase industry-specific software or develop customized software. Prioritize the automation, enhancement, and maintenance of the four main systems.
at december 31 2011 and 2010 miley corp. had 180000 shares of common stock and 10000 shares of 5 100 par value
The following information was used to prepare adjusting entries for the company as of August 31, the end of the company's fiscal year.
we bake perfect pies company makes fruit pies using a process cost system. the dough is made in the mixing department
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