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Explain Contract Pricing for Machine Sale
Malea sold a machine for $140,000. The machine originally cost $90,000 and $10,000 of MACRS depreciation had been allowable. The buyer assumed a lien of $40,000, paid $20,000 cash down and agreed to pay $10,000 per year for eight years plus interest. Selling expenses are $10,000. The contract price is
A. $40,000.B. $80,000.C. $100,000.D. $130,000.
Advise what tax consequences arise in respect of the payments.
Explain Wrongful Discharge and General Motors claims that Percivil's employment was terminable at the will of GM for any reason and with or without cause, provided that the discharge was not prohibited by statute
Discuss to what extent a state exercises criminal jurisdiction over individuals.
Explain unfair labour practices and the complaint alleged that the respondent induced and encouraged employees of Moore Dry Dock Company to engage in a strike or concerted refusal in the course of their employment to perform services for Moore in ..
Explain Employment Law Case and Should an employer be allowed to terminate an employee for working during her lunch break even though the employer mandated that she take a lunch break
Explain Employment Law- Layoffs and Ageism and The employees vary in age and length of service, with half of the employees being above the age of 40 and half being below the age of 40
Explain Immigration Reform and Control Act- Impact on Employment and What are the consequences to an employer if it hires an unauthorized alien
Explain UCC and Contracts of the Sale of Goods and I do not believe that we should rely on specific performance rather than on monetary damages
Consideration does not have to be adequate or commercially realistic, nor does it have to be expressed in monetary terms, it merely needs to be "sufficient".
Business value and ethics, Bart agrees to put Sam's Super Bowl champion-ship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart ..
Explain Reason for the Occupational Safety and Health Act and Present the history of the Occupational Safety and Health Act and why it was enacted
Explain Harassment- Impacts to the Work Environment and Other than it being against the law and what's wrong with harassment
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