The Legal Environment of Business: Text and Cases
10th Edition
ISBN: 9781337535878
Author: Frank B. Cross; Roger LeRoy Miller
Publisher: Cengage Learning US
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Chapter 26, Problem 2CT
Summary Introduction
Case summary: A person JS signed a contract to buy the house of a person HA. The person JS later discovered that the house was haunted. The person JS sued the person HA. The court dismissed the case.
To find: The conduct of the person HA for not disclosing the facts about the house.
Summary Introduction
Case summary: A person JS signed a contract to buy the house of a person HA. The person JS later discovered that the house was haunted. The person JS sued the person HA. The court dismissed the case.
To find: In case the person HA had not disclosed the information such as leakage.
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The Legal Environment of Business: Text and Cases
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- Waka Company had cash sales of $78,275, credit sales of $97,450, sales returns and allowances of $1,500, and sales discounts of $4,875. Calculate Waka's net sales for this period.arrow_forwardTutor help mearrow_forwardAssume that a company produced 10,000 units and sold 8,000 units during its first year of operations. It has also provided the following information: Particulars Per unit per year Selling price $240 Direct materials $85 Direct labor $57 Variable manufacturing overhead $10 Sales commission $11 Fixed manufacturing overhead ? Fixed selling and administrative expense $250,000 If the company's unit product cost under absorption costing is $197, then what is the amount of fixed manufacturing overhead per year?arrow_forward
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