5. Mr. Anthony, an owner of a well-known appliance’s establishment in Koronadal City, bound himself to deliver to Ma’am Jenny, a faculty in a prestigious education institution, a (1) 39-inch 2023 Samsung 8K Quality TV Set and (2) iPhone 14 Pro Max rose gold 256 GB, which Ma’am Jenny saw in Mr. Anthony’s establishment, and (3) to repair Ma’am Jenny’s piano and laptop. However, Mr. Anthony did none of these things. Can Ma’am Jenny compel Mr. Anthony to deliver the 39-inch 2023 Samsung 8K Quality TV Set, iPhone 14 Pro Max rose gold 256 GB and repair the piano and laptop? 6. May a third person compel the creditor to accept payment or performance of an obligation? 7. When is demand by the creditor not necessary in order that delay may exist? 8. As a Business Administration Student why is it important for you to study obligation and contracts?

5. Mr. Anthony, an owner of a well-known appliance’s establishment in Koronadal City, bound himself to deliver to Ma’am Jenny, a faculty in a prestigious education institution, a (1) 39-inch 2023 Samsung 8K Quality TV Set and (2) iPhone 14 Pro Max rose gold 256 GB, which Ma’am Jenny saw in Mr. Anthony’s establishment, and (3) to repair Ma’am Jenny’s piano and laptop. However, Mr. Anthony did none of these things. Can Ma’am Jenny compel Mr. Anthony to deliver the 39-inch 2023 Samsung 8K Quality TV Set, iPhone 14 Pro Max rose gold 256 GB and repair the piano and laptop? 6. May a third person compel the creditor to accept payment or performance of an obligation? 7. When is demand by the creditor not necessary in order that delay may exist? 8. As a Business Administration Student why is it important for you to study obligation and contracts?

Individual Income Taxes

43rd Edition

ISBN:9780357109731

Author:Hoffman

Publisher:Hoffman

Chapter4: Gross Income: Concepts And Inclusions

Section: Chapter Questions

Problem 53P: For each of the following, determine the amount that should be included in gross income: a. Peyton...

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